Page 58 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.80, # 1, 2023, pp. 54-66

Huseynov and Allahverdiyeva (2019) analyzed the relationship between transport
infrastructure and economic development in Azerbaijan, using the panel data analysis
approach. They found that transportation infrastructure has a significant positive effect on
economic growth in Azerbaijan, particularly in the road and railway sectors.

Another study by Mammadov et al. (2019) investigated the impact of transport
infrastructure on economic growth in Azerbaijan, using the ARDL approach. They found
that transport infrastructure investment has a positive and significant effect on economic
growth in the country. Their study also suggests that investment in transport infrastructure
could help to reduce regional disparities and promote sustainable economic growth in
Azerbaijan. Ibrahimova et al. (2021) studied the impact of transport infrastructure on
economic growth in Azerbaijan, focusing on the role of the East-West and North-South
transport corridors. They found that these transport corridors have the potential to
significantly enhance Azerbaijan's economic growth and development by improving
regional connectivity and increasing trade and investment opportunities.

AZERBAIJAN'S CURRENT TRANSPORT INFRASTRUCTURE
Azerbaijan, located at the crossroads of Europe and Asia, has a strategically
significant location that makes it a key transport hub in the region. The country has
made significant investments in its transport infrastructure, which has led to an
improvement in its transport system. The transport infrastructure of Azerbaijan
consists of road transport, railway transport, air transport, water transport and pipeline
transport. Pipeline transport is not mentioned in the article.

Road transport
Road transport plays a critical role in Azerbaijan's transportation infrastructure. With
a total road network of over 40,000 km, road transport is the primary mode of
transportation for both passengers and freight in the country. The road network
includes national highways, regional roads, and local roads, which connect major
cities, towns, and villages across the country. The road transport sector in Azerbaijan
has undergone significant changes and improvements in recent years. The government
has invested heavily in the construction and rehabilitation of roads, including the
construction of new highways and the renovation of existing ones. This investment has
helped to improve the quality and safety of roads in the country, which has led to increased
traffic and economic activity. The road transport sector in Azerbaijan is dominated by
private companies and individuals who own and operate their own vehicles. There are
also several public transport companies that provide bus and taxi services in major
cities and towns. The government has recently introduced a new public transport
system, including buses and a metro system in the capital city of Baku, which has
helped to reduce traffic congestion and improve the overall efficiency of the
transportation system.

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