Regional Economic Impacts of Highway Projects

نویسندگان

  • Mark Roberts
  • Uwe Deichmann
  • Bernard Fingleton
  • Andreas Kopp
چکیده

Interregional transport infrastructure represents some of the largest public investment programs in developing countries. The objectives are typically to increase economic efficiency—overall economic growth—as well as spatial equity—helping lagging areas of a country to catch up with leading ones. But recent theoretical and empirical work on the ‘new economic geography’ suggests that, at least initially, lowering transport costs may reinforce concentration of economic activity. This paper describes ongoing research, building on the work by Krugman and others, to develop a geographically explicit framework for assessing the impacts of large scale transport investments on regional economies. The goal is to develop tools for ex-ante impact evaluation that complement macro-economic approaches as well as engineering-oriented operational practice. We illustrate our approach with an application to China’s massive expansion of highways, the National Expressway Network (NEN).

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تاریخ انتشار 2009