Urban and regional economic impacts of transportation investment: A critical assessment and proposed methodology
Macro-level studies of the effect of transportation infrastructure investment on regional economic growth have shown positive relationships between the level of public investment and the rate of private capital formation, employment, and output growth. At a microlevel, however, it is not quite clear how to model and measure the effects of an additional investment in a transportation facility like a highway or rail link on local economic growth. This issue is further exacerbated by the fact that negative environmental externalities from infrastructure expansion are mainly experienced at the urban and regional level and thus strongly affect their economic well being. Given these realities, this paper examines the critical issues involved in analyzing the economic effects of local infrastructure investments and then proceeds to propose a model which shows analytically the impact of changes in accessibility, caused by infrastructure expansion, on location and output decisions, and on the use of labor by production firms.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 28 (1994)
Issue (Month): 4 (July)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/547/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional|
When requesting a correction, please mention this item's handle: RePEc:eee:transa:v:28:y:1994:i:4:p:351-362. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.