ECONOMIC IMPORTANCE OF NONMOTORIZED TRANSPORTATION
The use of nonmotorized transportation (NMT) is not an indication of underdevelopment. Instead, higher levels of nonmotorized vehicle use can have a positive impact on economic growth. Extensive use of NMT may be one factor explaining higher domestic savings and investment rates in Asia, which in turn are related to the region's superior growth performance. Conversely, the relative lack of nonmotorized vehicle use in Africa may be related to lower levels of domestic savings and immobility among the poor. The availability of intermediate, appropriate transportation technologies has important economic advantages, which is demonstrated. The economic benefits of nonmotorized vehicle use are largely overlooked in most cost-benefit procedures because they ignore nonmotorized modes. The economic benefits of nonmotorized transport are investigated from macroeconomic and microeconomic perspectives.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/0309061504
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Supplemental Notes:
- This paper appears in Transportation Research Record No. 1487, Nonmotorized Transportation Research, Issues, and Use. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
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Authors:
- Hook, Walter
- Publication Date: 1995
Language
- English
Media Info
- Features: Figures; References;
- Pagination: p. 14-21
- Monograph Title: Nonmotorized transportation research, issues, and use
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Serial:
- Transportation Research Record
- Issue Number: 1487
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Economic benefits; Economic impacts; Macroeconomics; Microeconomics; Nonmotorized transportation
- Geographic Terms: Africa; Asia
- Subject Areas: Economics; Highways; Pedestrians and Bicyclists; Public Transportation; Society; I10: Economics and Administration;
Filing Info
- Accession Number: 00713601
- Record Type: Publication
- ISBN: 0309061504
- Files: TRIS, TRB
- Created Date: Nov 28 1995 12:00AM