Regional economic impacts from transportation and infrastructure investments

This presentation investigates how investments in transportation networks influence regional economies and demography. Using Regional Economic Models, Inc.'s (REMI) TranSight model, the authors will detail how a transportation project influences the local industrial mixture through changing labor productivity, labor access, and commodity access. In addition, the authors will examine transportation's hold over major macroeconomic indicators like gross domestic or regional product (GDP or GRP), employment opportunity and occupational growth, tax revenue, migration, personal income, and the cost of living. The term "region" is very flexible in this analysis; it can include any combination of countries, provinces, states, cities, or other geographical subdivisions. Thus, the case study here involves the planned Strait of Messina Bridge and its economic and demographic impacts on the future development of the Sicilian economy, as well as the rest of Italy and Europe.

• Record URL:
  https://aetransport.org/past-etc-papers/conference-papers-2011
• Supplemental Notes:
  • Abstract used by permission of Association for European Transport.
• Corporate Authors:

  Association for European Transport (AET)

  1 Vernon Mews, Vernon Street, West Kensington
  London W14 0RL,    
• Authors:
  • Leung, Billy
  • Nystrom, Scott
  • Cui, Zilin
• Conference:
  • European Transport Conference 2011
  • Location: Glasgow , Scotland
  • Date: 2011-10-10 to 2011-10-12
• Publication Date: 2011

Language

• English

Media Info

• Media Type: Digital/other
• Features: Figures; References;
• Pagination: 20p
• Monograph Title: European Transport Conference 2011: Seminars

Subject/Index Terms

• TRT Terms: Bridges; Construction projects; Economic forecasting; Economic impacts; Economic indicators; Economic models; Employment; Job opportunities
• Identifier Terms: Strait of Messina Bridge
• Geographic Terms: Sicily (Italy)
• Subject Areas: Bridges and other structures; Economics; Highways; Planning and Forecasting; I10: Economics and Administration; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01494496
• Record Type: Publication
• Files: TRIS
• Created Date: Sep 20 2013 8:38PM