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Introduction

In: Is Transport Infrastructure Effective?

Author

Listed:
  • Piet Rietveld

    (Vrije Universiteit)

  • Frank Bruinsma

    (Vrije Universiteit)

Abstract

Economic development is not only the result of a proper combination of private production factors such as labour and capital, but also of infrastructure in general and transport infrastructure in particular. Improving infrastructure leads to a higher productivity of private production factors. Conversely, a neglect of infrastructure leads to a lower productivity of the other production factors. A related effect is that transport infrastructure investments lead to changes in transport costs. They may therefore affect trade relationships and hence the location of production factors. This implies differentiated growth of regions or countries. For these reasons, transport infrastructure projects play an important role in the political agenda of many countries.

Suggested Citation

  • Piet Rietveld & Frank Bruinsma, 1998. "Introduction," Advances in Spatial Science, in: Is Transport Infrastructure Effective?, chapter 1, pages 1-13, Springer.
  • Handle: RePEc:spr:adspcp:978-3-642-72232-5_1
    DOI: 10.1007/978-3-642-72232-5_1
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    Cited by:

    1. Baum, Charles II, 2003. "The effect of state maternity leave legislation and the 1993 Family and Medical Leave Act on employment and wages," Labour Economics, Elsevier, vol. 10(5), pages 573-596, October.

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