Chapter 16: Issues, Policies, and Contribution of the Greek Transport Industry to Economic Growth
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Published:2021
Tania Pantazi, Vasileios Vlachos, 2021. "Issues, Policies, and Contribution of the Greek Transport Industry to Economic Growth", Modeling Economic Growth in Contemporary Greece, Vasileios Vlachos, Aristidis Bitzenis, Bruno S. Sergi
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Abstract
The contribution of the Greek transport industry to the country's GDP has been well over the EU average. The industry is of vital importance to the efficient operation of local, national, and international economic transactions and is responsible for almost half of the value added to the Greek economy by its tourism industry. Despite its significant contribution to Greek economy, the industry is facing challenges and has not achieved its full potential. This chapter provides an overview of the transportation and storage industry and examines its general institutional framework and its overall performance, before focusing on specific policy issues for each transport mode, namely air, rail, road, and maritime transport.
