Annotated Bibliography - SSTI

Title Economic Consequences of Transport Improvements
Authors T.R. Lakshmanan and Lata Chatterjee
Sponsor Access
Date 2005
Pages 6
Category Economic Development, Modes: All
Note
Online
Summary
http://www.uctc.net/access/26/Access%2026%20‐%2006%20‐
%20Economic%20Consequences%20of%20Transport%20Improvements.pdf
Analyzes the short and long‐term effects of transportation investment on a social and
economic scale and describes how this occurred over the history of American
development. For example, the authors contrast economic forces in the age of
industrialization with the recent shift to globalization and point out that
industrialization promoted urbanization, while globalization requires the access and
knowledge present in major urban centers with the result that less urbanized regions
generally are at a disadvantage.
One thesis is that economic outcomes are the result of 3 factors, all of which must be
taken into account to assess the economic impact of transportation: the nature of the
transportation network, the state of economic development in the area, and the nature
of competition in the region. This broader range of interrelationships and data are seen
as not typically considered in transportation analyses.
Annotated Bibliography Page 20