ROAD IMPROVEMENTS TO PROMOTE LOCAL ECONOMIC DEVELOPMENT: AN IOWA CASE STUDY

This paper discusses findings from research conducted to evaluate the extent to which Local Development projects have achieved their expectations and to identify attributes associated with successful projects. The author highlights common themes observed in administrating the Local Development program and recommends strategies to minimize risk. Research suggests that given adequate project ranking criteria, small-scale roadway improvements can be used to achieve development targets (such as the number of new jobs). Program administrators must remember, however, that projects could satisfy development goals and still be economically inefficient. The study's principal beneficiaries are small- and medium-size areas considering the use of roadway investments to promote economic development.

Language

  • English

Media Info

  • Features: Tables;
  • Pagination: p. 81-83

Subject/Index Terms

Filing Info

  • Accession Number: 00721851
  • Record Type: Publication
  • ISBN: 0965231003
  • Files: TRIS, STATEDOT
  • Created Date: Jun 6 1996 12:00AM