TRANSPORT INFRASTRUCTURE AND REGIONAL DEVELOPMENT. IN: ANALYTICAL TRANSPORT ECONOMICS. AN INTERNATIONAL PERSPECTIVE

This paper discusses how the desired balance between private capital and infrastructure in regional development has been the subject of much theoretical and ideological debate. Given the lumpiness of transport infrastructure projects, there will always be relatively long periods of excess supply or demand. Governments have different options with respect to transport infrastructure decisions. First, they may invest in infrastructure as a response to serious bottlenecks taking place due to an expansion of the private sector. This leads to a passive strategy: transport infrastructure is following private investment. Another option is that governments use transport infrastructure as an engine for nation or regional development. This implies an active strategy where transport infrastructure is leading and inducing private investments. However, private investments have a risky element because the response of the private sector to infrastructure improvement may be unpredictable and even disappointing. The paper describes how the dynamic pattern of infrastructure impacts have not received much attention to date. The purpose of this paper is to review studies, which assess the permanent impacts of transport infrastructure investments on the spatial economy. Environmental effects are not discussed.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/1858987865
• Corporate Authors:

  Edward Elgar Publishers

  William Pratt House, 9 Dewey Court
  Northampton, MA  United States  01060-3815
• Authors:
  • Rietveld, P
  • Nijkamp, P
• Publication Date: 2000

Language

• English

Media Info

• Features: Figures; References; Tables;
• Pagination: p. 208-232
• Serial:
  • Publication of: Edward Elgar Publishing, Incorporated
  • Publisher: Edward Elgar Publishers

Subject/Index Terms

• TRT Terms: Competition; Economic impacts; Infrastructure; Investments; Privatization; Regional development; Regional economics; Transportation planning
• Subject Areas: Administration and Management; Economics; Highways; Planning and Forecasting; Public Transportation; Society; I10: Economics and Administration;

Filing Info

• Accession Number: 00925177
• Record Type: Publication
• ISBN: 1858987865
• Files: TRIS
• Created Date: May 22 2002 12:00AM