TITLE

Researching the Role of Transportation in Regional Development

AUTHOR(S)
Straszheim, Mahlon R.
PUB. DATE
August 1972
SOURCE
Land Economics;Aug72, Vol. 48 Issue 3, p212
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The possibilities for transportation policy to affect regional development and the distribution of income have long enticed regional economists. The substantial involvement and very wide variety of decisions made by the public sector in transportation seemingly provide practical means for implementing regional development objectives. The instrument which seemingly affords the most potential for pursuing regional objectives is the redirection of investment in transport infrastructure or user prices on public facilities. There are many allegations that transportation policy, either by intention or accident, has affected regional development. There are some enormous hidden costs in pursuing regional price discrimination by public regulation arising from administrative and institutional considerations. Transportation price structures are perhaps the worst at concealing cross subsidy, partly because cost determination is often so complex. The interrelationships between transportation and regional development are subtle and complex and not well understood. As the interactions between transportation and regional development become increasingly subtle, analyzing and modeling these interactions is made increasingly difficult.
ACCESSION #
5362916

 

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