In brief...Road to recovery? Economic benefits of new infrastructure

Stephen Gibbons, Teemu Lyytikäinen, Henry Overman and Rosa Sanchis-Guarner

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: New investment in roads can produce economic benefits, even in mature infrastructure networks like the UK's, according to research by Henry Overman and colleagues. At the same time, they argue, improved evaluation of new UK road schemes is badly needed. New investment in transport infrastructure is seen as a key plank of a modern industrial strategy, and is central to many local economic growth strategies. This study looks at the impact of UK road investment on jobs.

Keywords: productivity; employment; accessibility (search for similar items in EconPapers)
JEL-codes: D24 O18 R12 (search for similar items in EconPapers)
Date: 2017-07
New Economics Papers: this item is included in nep-reg, nep-tre and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:510

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