Introduction

Piet Rietveld and Frank Bruinsma
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Frank Bruinsma: Vrije Universiteit

Chapter 1 in Is Transport Infrastructure Effective?, 1998, pp 1-13 from Springer

Abstract: Abstract Economic development is not only the result of a proper combination of private production factors such as labour and capital, but also of infrastructure in general and transport infrastructure in particular. Improving infrastructure leads to a higher productivity of private production factors. Conversely, a neglect of infrastructure leads to a lower productivity of the other production factors. A related effect is that transport infrastructure investments lead to changes in transport costs. They may therefore affect trade relationships and hence the location of production factors. This implies differentiated growth of regions or countries. For these reasons, transport infrastructure projects play an important role in the political agenda of many countries.

Keywords: Impact Study; Environmental Impact Assessment; Transport Infrastructure; Urban Level; Infrastructure Project (search for similar items in EconPapers)
Date: 1998
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DOI: 10.1007/978-3-642-72232-5_1

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