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Title: HIGHWAY INVESTMENT AS A PLANNING TOOL FOR AREA DEVELOPMENT
Accession Number: 00201151
Record Type: Component
Abstract: PLANNING GOALS THAT MIGHT APPLY TO AREA DEVELOPMENT INCLUDE' /1/ STIMULATING AND EXPANDING ECONOMIC GROWTH IN THE REGION, AND ALTERNATIVELY /2/ RATIONALIZING THE REGIONAL ECONOMY THROUGH ENCOURAGING OUT-MIGRATION AND ADJUSTMENT TO A MORE EXTENSIVE EQUILIBRIUM LEVEL. ATTAINING EITHER GOAL MAY BE AIDED BY HIGHWAY INVESTMENT WHICH /1/ BRINGS ACCESS TO RESOURCES HITHERTO LATENT, /2/ IMPROVES LOCAL ACCESSIBILITY WITHIN THE REGION, /3/ GENERATES DIRECT EMPLOYMENT AND INCOME IN THE CONSTRUCTION PROCESS, AND /4/ IMPROVES AN AREAS CONNECTIVITY TO SURROUNDING MORE SUCCESSFUL AREAS. HIGHWAY AND EDUCATION IMPROVEMENTS ARE A NECESSARY PART OF A DEVELOPMENTAL PROGRAM, BUT THEY ARE NO SUBSTITUTE FOR INVESTMENT IN PRODUCTION ITSELF. THERE IS LITTLE INCENTIVE FOR SUCH INVESTMENT IN A DECLINING AREA, WITHOUT SOME RATHER MASSIVE AID AS A PRODUCT OF ORGANIZED OUTSIDE EFFORT. AS PART OF A GENERAL INVESTMENT PROGRAM HIGHWAYS MUST PLAY A ROLE, SINCE INADEQUATE ROADS AND CONGESTION COULD UNDO OTHER GAINS.
Supplemental Notes: No 35, pp 2-3. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
Authors: Morrill, R LPublication Date: 1966-7
Serial: Media Type: Digital/other
TRT Terms: Old TRIS Terms: Subject Areas: Economics; Highways; Society
Files: TRIS, TRB
Created Date: Nov 18 1994 12:00AM
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