AN ANALYSIS OF THE RELATIONSHIP BETWEEN ROAD FREIGHT TRANSPORT AND ECONOMIC GROWTH IN THE EUROPEAN UNION: A PANEL DATA APPROACH

The objective of this study is to examine the relationship between road freight transport and economic growth in the European Union (EU) using a panel data approach. The study will use data from Eurostat for the period 2012 - 2021 and employ fixed effects regression models to estimate the causal effect of road freight transport on economic growth. The study will also examine the role of road infrastructure investment and transport employment in promoting economic growth in the EU. The results of this study will provide important insights into the factors driving economic growth in the EU and support policy decisions to promote sustainable economic development. The study will contribute to the literature on the relationship between transport infrastructure and economic growth and provide a basis for future research in this field.