Economic analysis of the transport sector

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Transport plays an important role in today’s economy and society and has a significant impact on growth and employment. The transportation industry directly employs about 10 million people and accounts for about 5% of gross domestic product (GDP). Efficient transport systems are fundamental to the ability of European businesses to compete in the global economy. Logistics, such as transport and storage, represent 10 to 15% of the cost of a finished product for European companies.

The quality of transport services has a major impact on people’s quality of life. On average, 13.2% of each household’s budget is spent on transportation goods and services. Transport is also heavily dependent on oil resources and is a major source of CO2 emissions. The strategy outlined in the Transport 2050 roadmap for a single transport area aims to introduce deep structural changes to transform the transport sector.

In this sense, the methodologies and tools developed by the JRC focus on the assessment of policy measures against the main objectives of EU transport policy related to economy and competitiveness, as well as decarbonisation. transports :

  • Increase the efficiency of the entire transport system: techno-economic analysis of emerging technologies, analysis of impacts on transport demand, costs, emissions, congestion, accessibility and economic impacts.
  • Strengthening the competitiveness of European industry: Analysis of the contribution of transport to economic competitiveness, both as a main element of economic activity (transport of people and goods) and as an industrial sector -same.
  • Pioneer of the transport of the future (long-term perspective): technological watch and foresight activities, technical and economic characterization, innovation in transport.
  • Decarbonize and “green” the transport system: Analysis of technologies and measures to reduce GHG emissions from transport and other externalities, development of methodologies for estimating external costs.

Transport sector

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