Transport and economic growth

Mike Salter

A chapter in Elgar Encyclopedia of Transport and Society, 2025, pp 408-409 from Edward Elgar Publishing

Abstract: Transport is a key contributory factor for economic growth. By reducing the ‘generalised costs’ of movement, transport schemes can better link products with markets, improve labour markets, and facilitate domestic/international trade. Estimating the economic impact of transport has therefore long been embedded in appraisal techniques for assessing the value-for-money of transport proposals. However, there is now increasing recognition of the need to consider concepts of economy more holistically. And to view accessibility through a ‘triple access’ lens to support living in ways which assist economic activity and social justice and are compatible with a need to reduce environmental impacts.

Keywords: Economy; Transport; Growth; Productivity; Accessibility; Mobility (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035330515
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