Transport Infrastructure Development and Economic Growth: Evidence from Tunisia

The investment in the transport infrastructure is a new political orientation for the firming up of economic conjuncture. This article aims at examining in depth the relationship between the investment in transport infrastructure and the economic growth in Tunisia during the period 1990-2015. Based on a model VECM, we allow ourselves to value the relevance of the model and to interpret it economically through the individual coefficients of the model at the 5 % threshold. The estimate results show that the added value of the transport sector influences positively and significantly the growth of the GDP per capita in Tunisia. Our results cast a new dimension to the importance of investing in the transport infrastructure as a promising device to generate a higher economic growth.