LINKING ROAD STRATEGIES TO ECONOMIC DEVELOPMENT. PROCEEDINGS, SIXTH CONFERENCE, ROAD ENGINEERING ASSOCIATION OF ASIA AND AUSTRALASIA, 4-10 MARCH 1990, KUALA LUMPUR, VOLUMES 1 TO 5 AND POST CONFERENCE PROCEEDINGS

The theoretical link between road improvement strategies and economic development is that road improvement reduces land transport costs and hence increases profit margins on exported goods. Domestic production of these goods should expand as a consequence, thus increasing gross domestic product, and improving the balance of payments. The theoretical conditions under which this theory applies are described. A case study is presented to show the magnitudes of economic benefits expected to flow from a specific road development proposal in the State of Victoria, Australia. The case involves a 3.7 kilometre bypass in metropolitan Melbourne, linking two freeways on interstate routes, and the Port of Melbourne. The proposed route not only reduces travel times and operating costs of export-orientated and other traffic, it also relieves some residential areas of the external costs of nearby traffic, particularly noise, vibration, air pollution, accidents, and congestion. Estimates of the economic value of these external benefits of the proposal are also given. For the covering entry of the conference see IRRD 823206. (Author/TRRL)

  • Corporate Authors:

    Road Engineering Association of Asia & Australasia

    Office of the Director-General of Public Works
    Kuala Lumpur,   Malaysia 
  • Authors:
    • Greig, P
    • FERGUSON, D
    • THORESEN, T
  • Publication Date: 1990

Media Info

  • Features: References;
  • Pagination: 17 p.
  • Serial:
    • Volume: 3

Subject/Index Terms

Filing Info

  • Accession Number: 00620229
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ITRD, TRIS
  • Created Date: Mar 31 1992 12:00AM