TRANSPORTATION INVESTMENT IN LESS-DEVELOPED COUNTRIES: THE CASE OF GUYANA (ABRIDGMENT)

The procedure of incorporating the transportation variable in determining the effect of transportation investment for low-volume roads is generalized and applied to regions in Guyana where water is the only mode of transportation. Several regions in Guyana that have poor means of access are known to have characteristics similar to developed regions of the country that have "efficient" modes of transportation. Yet these regions remain sparsely populated and relatively underdeveloped. Previous studies that have used the traditional approach of quantifying benefits against costs have always concluded that transportation investment was infeasible in such regions. The economic activities and constraints of the Berbice-Orealla region of Guyana are formulatd into a linear programming model to determine the net economic effect of transportation investment in the region. The analysis shows that the benefits of improved transportation for the region exceed the costs. Application of the model to other less-developed regions would assist in priority ranking of transportation investments in less-developed countries. Various criticisms and attributes of the model are also discussed. (Author)

• Record URL:
  http://onlinepubs.trb.org/Onlinepubs/trr/1980/747/747-019.pdf
• Summary URL:
  https://scholar.google.com/scholar_lookup?title=TRANSPORTATION+INVESTMENT+IN+LESS-DEVELOPED+COUNTRIES%3A+THE+CASE+OF+GUYANA+(ABRIDGMENT)&author=G.+Budhu&author=A.+Hobeika&publication_year=1980
• Availability:
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• Supplemental Notes:
  • Publication of this paper sponsored by Committee on Application of Economic Analysis to Transportation Problems. 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.
• Corporate Authors:

  Transportation Research Board

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  Washington, DC  United States  20001
• Authors:
  • Budhu, G
  • Hobeika, A G
• Publication Date: 1980

Media Info

• Media Type: Print
• Features: Figures;
• Pagination: pp 93-97
• Serial:
  • Transportation Research Record
  • Issue Number: 747
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Developing countries; Highway planning; Investments; Low volume roads; Transportation planning
• Geographic Terms: Guyana
• Subject Areas: Economics; Highways; Society;

Filing Info

• Accession Number: 00319393
• Record Type: Publication
• Files: TRIS, TRB
• Created Date: Oct 27 1980 12:00AM