Infrastructure investment and travel time

Yumi Koh and Gea M. Lee

Economics Letters, 2020, vol. 187, issue C

Abstract: We examine additional travel time that arises as reconstruction of non-functioning bridges gets delayed. Our simulations show that the extent to which a budget increase reduces such additional travel time is rather modest. We show that a substantial portion of the unsolved travel time results from budgetary allocations.

Keywords: Infrastructure investment; Travel time; Budgetary allocation; Delay (search for similar items in EconPapers)
JEL-codes: H54 R41 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:187:y:2020:i:c:s0165176519304549

DOI: 10.1016/j.econlet.2019.108901

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