Economic development and investment in transportation infrastructure – an analysis of Wellington’s predicament

This paper investigates the relationship between economic development and transportation infrastructure development. The urban region of Wellington, New Zealand is used as a case study as for some time New Zealand has been under investing in its transportation infrastructure compared to average OECD investment levels. The structure of the Wellington regional economy is examined. A sector by sector analysis of the dependency of the economy on transportation services is undertaken. This enables key sectors to be identified so the impact of investment in transportation infrastructure can be considered. This investigation is characterised by the linking of a conventional four stage strategic transportation model with an input-output model for the Wellington region. This enables the impact of investments or lack of investment in transportation infrastructure to be studied. The use of this modelling suite gives insights into the response of key sectors and the economy as a whole to transportation infrastructure investment. This enables current investment profiles to be examined in terms of their adequacy and which sectors are the winners and losers. Those sectors that benefit from increased transportation investment can be identified including the extent that Government benefits from increased taxation revenue.

Language

  • English

Media Info

  • Pagination: 14p
  • Serial:
    • Volume: 27

Subject/Index Terms

Filing Info

  • Accession Number: 01388931
  • Record Type: Publication
  • Source Agency: ARRB
  • ISBN: 1920927123
  • Files: ATRI
  • Created Date: Aug 23 2012 2:31AM