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Strengthening Connections Between Transportation Investments And Economic Growth
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Book Synopsis Strengthening Connections Between Transportation Investments and Economic Growth by : Douglas Holtz-Eakin
Download or read book Strengthening Connections Between Transportation Investments and Economic Growth written by Douglas Holtz-Eakin and published by . This book was released on 2011 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Transportation written by and published by . This book was released on 1990 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Highway Infrastructure and the Economy by : Howard J Shatz
Download or read book Highway Infrastructure and the Economy written by Howard J Shatz and published by Rand Corporation. This book was released on 2011-05 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Transportation written by and published by . This book was released on 1990 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Current Practices for Assessing Economic Development Impacts from Transportation Investments by : Glen Weisbrod
Download or read book Current Practices for Assessing Economic Development Impacts from Transportation Investments written by Glen Weisbrod and published by Transportation Research Board. This book was released on 2000 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This synthesis report will be of interest to DOT administrators, supervisors, and staff, as well as to the consultants working with them in assessing the economic development impacts of existing or proposed transportation investments. Metropolitan Planning Organization regional and local staffs might also find it informative. It is intended to help practicing planners become aware of the range of methods and analysis techniques available, organized by the different categories of agency needs, to address different types of planning, policy, and research needs. This synthesis summarizes the current state of the practice by means of a survey of transportation planning agencies in the United States, Canada, and the United Kingdom. This report provides reviews of the analysis methods used in recent project and program evaluation reports of these agencies, in addition to a bibliography of economic literature and guides.
Book Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser
Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--
Book Synopsis Building a Sustainable Transportation Infrastructure for Long-Term Economic Growth by : Smirnova, Olga V.
Download or read book Building a Sustainable Transportation Infrastructure for Long-Term Economic Growth written by Smirnova, Olga V. and published by IGI Global. This book was released on 2019-02-22 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Transport, Trade and Economic Growth - Coupled or Decoupled? by : BMW Group
Download or read book Transport, Trade and Economic Growth - Coupled or Decoupled? written by BMW Group and published by Springer Science & Business Media. This book was released on 2007-06-08 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Designing Road Transportation Networks to Assist Economic Growth by : Johnny Ch Lok
Download or read book Designing Road Transportation Networks to Assist Economic Growth written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-10 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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:
Book Synopsis Interactions Between Transportation Capacity, Economic Systems, and Land Use by :
Download or read book Interactions Between Transportation Capacity, Economic Systems, and Land Use written by and published by Transportation Research Board. This book was released on 2012 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Strengthening the economic vitality of a region (jobs and income) is one of the primary reasons for investing in highway capacity. Elements of improving economic vitality include better access to markets and labor force, reduced cost of delay, reduced congestion, improved safety, reduced pollution, and a better quality of life. However, the ways in which new and improved highway capacity influences economic vitality are complex and often indirect. This project had three objectives: (1) to provide a resource to help determine the net changes in the economic systems of an area impacted by a transportation capacity investment; (2) to provide data and results from enough structured cases that project planners in the future can use the cases to demonstrate by analogy the likely impacts of a proposed project or group of projects (plan); and (3) to demonstrate how this fits into collaborative decision making for capacity expansion."--proj. desc. This project produced 100 case studies of already-built highway capacity projects and their economic development impacts. To accomplish this, the study team compiled pre/post economic and land development data and conducted local interviews, in order to portray the actual, observed economic development impacts of those projects. The results were put into a database and classified by type of project and local setting. An accompanying web tool, called T-PICS (Transportation Project Impact Case Studies), was developed to provide access to the case study information so it can be used to portray the range of economic development impacts occurring as a result of different types of projects in different settings.
Book Synopsis Transport Investment and Economic Development by : David Banister
Download or read book Transport Investment and Economic Development written by David Banister and published by Routledge. This book was released on 2003-08-29 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis A Regional Economic Impact Model for Identifying the Relationship Between Transportation Investments and Economic Development by : German Eleodoro Freyre
Download or read book A Regional Economic Impact Model for Identifying the Relationship Between Transportation Investments and Economic Development written by German Eleodoro Freyre and published by . This book was released on 1989 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unbound written by Heather Boushey and published by . This book was released on 2019 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and an impediment to market competition. Heather Boushey breaks down the problem and argues that we can preserve our nation's economic traditions while promoting shared economic growth.
Book Synopsis Transportation Influences Economy Development by : Johnny Ch Lok
Download or read book Transportation Influences Economy Development written by Johnny Ch Lok and published by . This book was released on 2019-12-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁How to improve the highway networkmodernization includes obsolete interchanges and other segments of the road, transport network of new designs to improve the life and service of pedestrian walking streets, rebuilding certain in main or minor roads. To the extent that labor markets operate more efficiently and more jobs are created to raise economic expansion if our governments can improve road transportation system to design to satisfy business users demand when lorry drivers need to move or transport whose products on the streets, but who will not influence pedestrian are walking on the streets. Hence, excellent transportation design network can subsequent plan efforts, it can also rise economic efficiency, community and social effects, it can also encourage transportation users to attempt to drive lorries to transport products a lot of times in one day fast and who can also avoid traffic jams occurrence on the road easily. On the one side, economic development is a concept referring to the material aspects of community welfare. There are numerous factors need of development: growth in income and wealth, equitable distribution of income, decreased infant mortality rates, increased literacy rates. On the other side, economic growth means which is sustainable increase in community income and /or wealth. ( wealth is the net of resources that generate income). It seems the link between transportation facilities and economic growth has close relationship. Good transportation facilities support economic growth by lowing the transportation costs of users of the transportation network, such as roads. Direct users benefits are reductions in travel, times and fuel consumption, increased reliability and increased safety in the movement of people and products, users' transportation costs are reduced, resources are used for other purpose.The relationship between transport and economic development occur in two directions, in the sense that (i) land use and economic development are major drivers' of demand for transport ( in terms of quantity, type, location and mode); and (ii) transportation investments and other initiatives ( such as regulations, pricing) can influence levels, patterns and locations of economic development. The principal role of road transportation is to provide access between spatially separated locations for the business and household sectors, for both commodity ( lands transportation) and person movements. For the business sector, this involves connections businesses and their input sources between business factories and other business shops and between business and their markets. For the households sector, it provides people with access to workplaces and education facilities, shops and social recreation, community and medical facilities etc. on the roads. I feel different countries' road transportation system can be self funded in the sense that the majority of the costs of transportation system investment operation and maintenance are either paid directly by users ( for example, through car operating costs) are funded initially by governments and recovered from transport users ( for example, through petrol duties and road user charges). Governments' road transportation system and their use also give rise to some external costs( externalities). These include global environmental impacts ( greenhouse gas emissions) and local environmental and health impacts ( for example, noise partial pollution and road accident costs). The direct effects of transportation investments are to reduce road transportation time and costs through reducing travel time, decreasing the operating costs of transportation and enhancing access to destinations within the road network.
Book Synopsis Highways to Success or Byways to Waste by : Rubaba Ali
Download or read book Highways to Success or Byways to Waste written by Rubaba Ali and published by World Bank Publications. This book was released on 2015-09-30 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Transportation and Economic Development Challenges by : Kenneth Button
Download or read book Transportation and Economic Development Challenges written by Kenneth Button and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent years have seen considerable changes in the technology of transportation with the development of high-speed rail networks, more fuelefficient automobiles and aircraft, and the widespread adoption of informatics in disciplines such as traffic management and supply chain logistics. The contributions to this volume assess transportation interactions with employment and income, examine some of the policies that have been deployed to maximize the economic and social impacts of transportation provision at the local and regional levels and analyze how advances in transportation technologies have, and will, impact future development. Due in part to the general liberalization of markets, there have been major changes in the institutional environment in which transportation is supplied; these changes inevitably affect wider economic systems and development, although in turn these changes feed back upon transportation networks. The contributors to this work develop these and other themes, from a variety of perspectives, implementing a wide range of academic approaches into their analyses. Stemming from initiatives of the Network on European Communications and Transport Activities Research (NECTAR), Transportation and Economic Development Challenges presents a body of research that exemplifies the organization's objective of fostering research collaboration around the world.
Book Synopsis Impact of Transport Infrastructure Investment on Regional Development by : OECD
Download or read book Impact of Transport Infrastructure Investment on Regional Development written by OECD and published by OECD Publishing. This book was released on 2002-05-23 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report describes evaluation methods for transport infrastructure investments to ensure that scarce resources are allocated in a way that maximises their net return to society.
