Analaysis of Impact of Road Investment in Peripheral Areas



Analaysis of Impact of Road Investment in Peripheral Areas

Authors

P Díaz Simal, A Cabarga Varona, J Mª Díaz Pérez de la Lastra, A Domínguez Sarabia, University of Cantabria, ES

Description

Our main goal in this study is to develop a specific model who presents the consequences of road infrastructure investment in peripheral areas, capturing the global impacts and developing a general framework as wide and interdisciplinar as possible.

Abstract

The problem of the evaluation impacts derived from investments in high capacity highways on the economic activity has atract an increasingly interest both from economists and engineers who are employed at the public administration who need to develop selection criteria to assign the financial resources on an efficient basis, and for academic researchers who try to develop a general synthetic predictive model valid for the analysis.

The resultant conclusions from this debate have been diverse, on one hand it's fullly admitted the existence of a relation between economic development and endowment of infrastructures, and nevertheless, but on the other hand, we are far from assuming that we can obtain the wished aims of economic growth and competitiveness only through the increase in the availability of infrastructures .

Hence multitude of partial studies have been developed: in specific geographical areas and sectors and from diverse theoretical frameworks. These works have thrown lights and shades on the viability of economic development politics based upon public investment in infrastructures.
Our main goal in this study is attempting to develop a specific model who presents the consequences of road infrastructure investment in peripheral areas, trying to capture the global impacts and developing a general framework as wide and interdisciplinar as possible.
We consider relevant this approach for three reasons:
1. Because treating infrastructures as a necessary condition for development acquires a special meaning when we apply it to depressed and often isolated areas that precisely lack all the additional factors that theory has evidence as relevant for development .
2. Because we understand that if we integrate in the area of study, as we often find, areas as unlike as on one hand dynamical zones strongly equipped with infrastructures (when it is the case with serious problems of saturation), and on the other, zones strongly undersupply and with problems of delay will produce as a result an average not very representative.
3. Because we understand that the territorial model considered in the (analytical and political) models we have been implementing has traditionally ignored alternatives and possibilities of territorial frameworks that have been underlying possibilities of development at present and that need a different treatment, as far as they are result of different situations from the mere delay in the endowment of infrastructures.

We will approach the analysis in three phases to develop our work :
1. Identify the analytical proposals developed in the literature.
2. Characterize the treatment that the above mentioned models actually develops for peripheral areas.
3. At the end we will select the best suited models for the analysis because of precision and aptitude to show the global impact and finally we will produce some recommendations for the successful application of growth policy based upon infrastructures in general and particulary for roads.

Publisher

Association for European Transport