Economics, Econometrics and Finance
8 years ago

Macro-economic approach to transportation investments found irrelevant for regional development.

World Transport Research. Proceedings of the 7th World Conference on Transport ResearchWorld Conference on Transport Research Society
The Linkages between Transportation Investments and the Regional Development: Flaws in the Macro-Economic Approach. Volume 2: Modelling Transport Systems
Jacqueline Llanos

Paper Summary

The article examines how investing in transportation infrastructure affects regional industrial development. The researchers looked at a macro-economic approach to study this link but found that it doesn't provide useful explanations or predictions.

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