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|AUTHOR||Organisation for Economic Co-operation and Development Staff|
|FORMAT:||IOS PSD EPUB MOBI TXT|
...mic growth Tom Rye, Professor and Director, Transport Research Institute (TRI), ... PDF Infrastructure and Growth - London School of Economics ... ... that transport infrastructure investment will boost economic growth of a country overall (Finding of review by What Works Centre for Local Economic Growth (WWCEG), 2015 (link on last slide)) 1 3 Does new surface transport infrastructure help increase GDP? SACTRA (1999) 'Empirical evidence ... The hypothesis that investments in transport infrastructure produce strong economic benefits and foster growth has justified government funding for new and improved transport infrastructure. This view is supported by early estimates of the output elasticity of transpor ... The productivity of transport infrastructure investment: A ... ... . This view is supported by early estimates of the output elasticity of transport, which have been criticised since the late 1990s on the grounds of model misspecification and spurious relationships. Th...