How road investment can improve economic prosperity: The case for Northern England
Owen Wilson
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Owen Wilson: Transport for the North (TfN), UK
Journal of Urban Regeneration and Renewal, 2023, vol. 16, issue 2, 118-125
Abstract:
Good roads are critical to modern functioning society, providing flexible mobility options for people to access jobs and services via private car, by bus, or for local trips by foot or cycle. Likewise, almost all freight movements depend on good strategic and local road connections. Investment in transport, including roads, can deliver economic agglomeration and an increase in effective density, also direct user benefits, productivity gains, greater labour market participation and business investment. This paper posits that, to maximise the benefits of road investment, we need a holistic whole-systems approach to aligning policy and infrastructure investment focused on achieving sustainable economic prosperity, improved social inclusivity, environmental goals, and most critically, decarbonisation of transport and the wider economy.
Keywords: road investment; North of England; Transport for the North; economic prosperity; transport-related social exclusion; major road network (search for similar items in EconPapers)
JEL-codes: R00 Z33 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jurr00:y:2023:v:16:i:2:p:118-125
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