학술논문
THE ECONOMIC IMPACT OF TRANSPORT INFRASTRUCTURE PROVISION: A REVIEW OF THE EVIDENCE.
Document Type
Article
Author
Source
Proceedings of the Institution of Civil Engineers: Transport; November 1996, Vol. 117 Issue: 4 p241-247, 7p
Subject
Language
ISSN
0965092X; 17517710
Abstract
ECONOMIC IMPACT OF TRANSPORT INFRASTRIJCTIJRE 11. The existence of the multiplier effect is well documented and rests on robust theoretical foundations. It can be calculated by econometric modelling. For one big modern civil engineering project, theimprovement of the A55 in North Wales, which involved the upgrading to `expressway' standards of the principal trunk road along theNorth Wales coast, thefollowing calculations of the impact of the multiplier have been made.6 ture on repair and maintenance is more effective than new construction. Operating impacts 13. Impacts can be either local (industrial costs, location and regional economic benefits) or national (productivity and growth throughout the whole economy)...