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Modeling Investment Priorities For National Road Improvements: A Case Study Of Korea

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  • Tschangho John Kim
  • Chang‐Ho Park
  • Jeong Hyun Rho

Abstract

ABSTRACT The paper addresses specific problems associated with formulating investment priorities for national road improvements in Korea. More specifically, the objectives of the paper are (1) to present a model for formulating investment priorities for road improvements that may be useful to developing countries. (2) to test the model with simplified data for deriving investment priorities for Korea's road improvements. and (3) to learn lessons that can be applicable to other developing countries with particular respect to recommending investment priorities for road improvements. The study results are useful for planners in developing countries, and also for evaluation analysts in funding institutions who are confronted with evaluating investment priorities for deteriorating road conditions.

Suggested Citation

  • Tschangho John Kim & Chang‐Ho Park & Jeong Hyun Rho, 1985. "Modeling Investment Priorities For National Road Improvements: A Case Study Of Korea," Papers in Regional Science, Wiley Blackwell, vol. 57(1), pages 91-105, January.
    • Handle: RePEc:bla:presci:v:57:y:1985:i:1:p:91-105
    DOI: 10.1111/j.1435-5597.1985.tb00860.x
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    Cited by:

    1. Solanki, Rajendra S. & Gorti, Jyothi K. & Southworth, Frank, 1998. "Using decomposition in large-scale highway network design with a quasi-optimization heuristic," Transportation Research Part B: Methodological, Elsevier, vol. 32(2), pages 127-140, February.
    2. T. Kim & Sunduck Suh, 1988. "Toward developing a national transportation planning model: A bilevel programming approach for Korea," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 22(1), pages 65-80, February.

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