Strengthening Connections Between Transportation Investments And Economic Growth
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Strengthening Connections Between Transportation Investments And Economic Growth
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Author : Douglas Holtz-Eakin
language : en
Publisher:
Release Date : 2011
Strengthening Connections Between Transportation Investments And Economic Growth written by Douglas Holtz-Eakin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Infrastructure (Economics) categories.
As the 112th Congress grapples with the need to reauthorize highway legislation, debate about federal transportation policy and transportation spending is likely to reflect two competing priorities -- the need for new investment and creation of jobs, and concern for the exploding national debt. This paper elaborates upon and deepens the ongoing policy discussion of relationships between investments in transportation infrastructure and the nation's short- and long-term economic well-being. This paper analyzes three key issues related to transportation investment, jobs, and economic growth: 1) The need to focus on returns from public investments. Short-term job creation, while vitally important, must be viewed within the context provided by a longer-term view. Over the long-term, higher productivity, the ability to generate more output and income from each dollar of capital or hour of work, is the key to higher labor earnings and improved standards of living. 2) Job creation and public investment in the current policy context. 3) The "multiplier" as a method for estimating job impacts. Spending on transportation is often justified on the basis of jobs impacts, but estimated multiplier effects carry substantial uncertainty.
Transportation
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Author :
language : en
Publisher:
Release Date : 1990
Transportation written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with categories.
Transportation
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Author :
language : en
Publisher:
Release Date : 1990
Transportation written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with categories.
Highway Infrastructure And The Economy
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Author : Howard J Shatz
language : en
Publisher: Rand Corporation
Release Date : 2011-05
Highway Infrastructure And The Economy written by Howard J Shatz and has been published by Rand Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-05 with Business & Economics categories.
To inform debate on a new transportation bill being considered, the authors review the literature on the economic outcomes of highway infrastructure spending, which constitutes the largest share of federal spending on transportation infrastructure. They highlight the connections between highway spending and the economy and then analyze the literature to trace the effects of highway infrastructure on productivity, output, and employment.
Transport Investment And Economic Development
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Author : David Banister
language : en
Publisher: Routledge
Release Date : 2003-08-29
Transport Investment And Economic Development written by David Banister and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-08-29 with Architecture categories.
This book makes a major contribution to the debate and is directed at researchers, decision makers and students who are interested in the wider economic development impacts of transport.
Transport Trade And Economic Growth Coupled Or Decoupled
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Author : BMW Group
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-06-08
Transport Trade And Economic Growth Coupled Or Decoupled written by BMW Group and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-06-08 with Technology & Engineering categories.
This book combines approaches from economics as well as business administration to stimulate scientific discourse and support decision-makers. The first part of the book examines the relationship between transport and economic growth, and specifically, whether "decoupling" of transport and economic growth appears possible. Previously unavailable regional data for Italy and Germany were collected and analyzed. The results indicate that transport makes an important contribution to economic growth.
Designing Road Transportation Networks To Assist Economic Growth
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Author : Johnny Ch Lok
language : en
Publisher: Independently Published
Release Date : 2019-01-10
Designing Road Transportation Networks To Assist Economic Growth written by Johnny Ch Lok and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-10 with Transportation categories.
Chapter 3Designing road transportation networkshow to assist economic growth I feel it is not all transport investments will be equally effective in enhancing economic growth. Designing road transport investment is a necessary, but on its own not sufficient requirement to earn significant economic growth at either a national or regional level. There are conditions under three categories: economic conditions, investment conditions and political conditions. In fact, although in some circumstances, transport investment may be a necessary condition for enhancing economic growth, it is rarely on its own a sufficient condition. Other factors including the broader policy environment, need to be present if the investment is going to be successful in addressing regional economic objectives. My some suggestions the following key aspects as being most relevant including: a.Scale economies for example, where these dominate, lower transportation costs through improved accessibility may encourage increased concentration of firms in core regions, until the point that diseconomies set in.b.Size of the local market.c.Local land and labor conditions.d.The nature and scale of transport improvements.e.The nature of backward and forward linkages in the country 's local economyl In any country, road transportation improvements don't guarantee increased economic development. To increase economic development, an improvement needs to assist any lorry drivers to drive in short trips to reduce transportation costs and shorten time driving on the road or to make transportation more reliable, e.g. reducing the numbers of traffic jams on any roads. A proper economic climate must also exist as well as other support services. With these factors to influence transportation improvements can become catalysts for economic expansion. However, road transportation improvement that intends to induce job creation, when employers need many lorry drivers to help them to transport products and to move products on the roads often. So, the employers need to employ many transportation workers and lorry drivers to help who to transport their products to send to clients, due to the transportation time is shorten and work efficiency is rasied, so the transportation times are also increasing every day when the road transportation roles are improved. On the other side, improving transportation can raise productivity when many customers need to buy many products and the lorry drivers may drive whose lorries to transport many products between factory and office or between factory to the client's home or between the shop and the client's on the road in the short time fast. I recommend one model links in an overall road transportation network includes these four modes.I.Maximizing use of the existing road highway system.II.Extending or improving the multi-lane divides system local roads and connectors.III.Continually improving the entire road highway network in response to business activities demand. The improvement of modern road transportation successful factors include:
Building A Sustainable Transportation Infrastructure For Long Term Economic Growth
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Author : Smirnova, Olga V.
language : en
Publisher: IGI Global
Release Date : 2019-02-22
Building A Sustainable Transportation Infrastructure For Long Term Economic Growth written by Smirnova, Olga V. and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-22 with Technology & Engineering categories.
Long-term economic growth and increasing vehicle congestion is creating a greater demand for efficient and safe transportation. The high cost of maintaining and fixing pre-existing infrastructure is leading the industry to realize that sustainable long-term transportation planning is needed to keep pace with the growing economy. Building a Sustainable Transportation Infrastructure for Long-Term Economic Growth examines contemporary transportation issues through the lens of various modes of transportation while also focusing on the importance of sustainability, urban planning, and funding. The book covers the topics of sustainability and climate change, public management and planning, financing of transportation infrastructure, and revenue and spending issues facing modern transportation infrastructure. It is ideally designed for engineers, planners, government officials, transportation specialists, legislators, researchers, academicians, students, and industry professionals seeking current research on sustainable transport systems.
Public Investment Management In The New Eu Member States
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Author : Thomas Laursen
language : en
Publisher: World Bank Publications
Release Date : 2009-02-20
Public Investment Management In The New Eu Member States written by Thomas Laursen and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-02-20 with Business & Economics categories.
This paper describes the characteristics of public investment management (PIM) in seven EU countries as it applies to a single sector transport infrastructure. The report highlights some of the common challenges that four relatively new EU member states Poland, Slovakia, Slovenia, and Latvia face as they plan and execute their transport infrastructure projects. It recognizes the importance that EU-mandated processes and procedures have in shaping national systems in the new member states (NMS), but the report finds that actual practices often fall short of EU goals due to capacity constraints, weak institutional structures, and other factors. The experiences of the NMS are compared with those of more developed economies (namely Spain, the UK, and Ireland) to assess whether the later countries have faced similar challenges in managing public investment, and if so, what measures they have adopted to overcome them. This comparative analysis serves to draw out several good practice examples that are relevant for all countries. How those practices are applied in each country is a matter for further study, as each country considers its own political culture and administrative tradition. This paper is a first step toward building dialogue among public finance practitioners in Central and Eastern Europe on how to make public investment projects more effective and efficient over the long term.
Highways To Success Or Byways To Waste
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Author : Rubaba Ali
language : en
Publisher: World Bank Publications
Release Date : 2015-09-30
Highways To Success Or Byways To Waste written by Rubaba Ali and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-30 with Business & Economics categories.
Roads are the arteries through which the economy pulses. They connect sellers to markets, workers to jobs, students to education, and the sick to hospitals. Yet much of the developing world, Africa in particular, lacks adequate transportation infrastructure. Accordingly investments in transportation remain a cornerstone of the development agenda. Sub-Saharan Africa spends roughly $6.8 billion per year on paving roads, and the World Bank invests more on roads than on education, health, and social services combined. Despite the development focus on transportation, methodologies for evaluating which road projects to fund are often dis-jointed and unreliable. This report hopes to improve upon the current approaches by establishing a new methodology for prioritization which can be applied to a diverse set of scenarios, regions, and projects. This book demonstrates how modern econometrics and geospatial techniques can be combined to analyze the latest available geo-referenced datasets at the smallest possible scale to answer some of the most important questions in development. Uniquely this report attempts to shed light on some of the most profound puzzles in determining the impacts of roads and where to locate these. Does road infrastructure unleash a virtuous growth cycle? Is it advisable to improve roads in conflict prone zones? What is the effect of improving market access on farming practices? And what are the impacts of roads on forests and biodiversity? It is envisioned that the approach used in this book can be a reference guide to researchers from across the spectrum of international development, who are seeking new tools and insights into the many issues (technical and non-technical) of this important field.