International Encyclopedia of Transportation 2021
DOI: 10.1016/b978-0-08-102671-7.10065-x
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Transport Infrastructure Effects on Economic Output: The Microeconomic Approach

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Cited by 3 publications
(2 citation statements)
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“…These studies are part of a large body of research on the economic impacts of transport infrastructure (e.g., impacts on population, employment, gross value added, productivity, number of businesses, and new firm births). We do not review this wider literature for space and relevance reasons, but refer the reader to review papers by Melo et al (2013), Holl (2021), Laird and Johnson (2021), and Melo (2021).…”
Section: Overview Of Relevant Literaturementioning
confidence: 99%
“…These studies are part of a large body of research on the economic impacts of transport infrastructure (e.g., impacts on population, employment, gross value added, productivity, number of businesses, and new firm births). We do not review this wider literature for space and relevance reasons, but refer the reader to review papers by Melo et al (2013), Holl (2021), Laird and Johnson (2021), and Melo (2021).…”
Section: Overview Of Relevant Literaturementioning
confidence: 99%
“…Romer's endogenous growth model assumes that capital reserves (public goods) in the overall economy positively affect output at the level of production (Todaro & Smith, 2006). Productive companies will choose a location or place to set up their business with good transportation accessibility criteria (Melo et al, 2021). Good road infrastructure provides benefits in saving travel time and spending on transportation costs (Kwang, 2021).…”
Section: Introductionmentioning
confidence: 99%