ESTIMATING MACRO ECONOMIC BENEFITS FROM ROAD INFRASTRUCTURE INVESTMENT

Heavy investment in public infrastructure in developing countries, particularly in the development and extension of highway networks, will continueto be of major importance over the next decade and beyond. Economic evaluation techniques to establish the benefits arising from this investment (which is an essential element in justifying the proposed investment) are much more complicated than those required to indicate financial viability in the private sector. Benefits arise from such investment, not only to road users, but also to the nation or region as a whole through the mechanism of increased productivity and consumption. The use of input-output models offers a promising technique for more clearly identifying the benefits to non- road users arising from road transport infrastructure development.(a) For the covering abstract of this conference see IRRD abstract no. 861222.

Language

  • English

Media Info

  • Features: References;
  • Pagination: p. 285-300
  • Serial:
    • Volume: 17
    • Issue Number: 6

Subject/Index Terms

Filing Info

  • Accession Number: 00669811
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ITRD, ATRI
  • Created Date: Dec 23 1994 12:00AM