A Classic Analysis Of A Road Project Or Public Transportation

818 Words May 27th, 2016 4 Pages
Few would contradict the fact that the investment in infrastructure is important to the economy or an infrastructure in good working order is obviously a necessary condition for economic activity. According to Eberts (2002) , the essential question is whether, at the margin, an additional investment infrastructure contributes to economic growth. To policy makers, this Growth has several possible outcomes, including employment growth and income, improving the quality of life, environmental protection, or even, the sustainable development. This multidimensional approach to development Economic analysis requires infrastructure investment taking into account many factors. Eberts chose as example the investment in infrastructure transport. In the context of a classic analysis of a road project or Public transportation would determine, to evaluate investment, extent to which the project improves access and increases mobility. This approach require that focuses on the evolution of the state of infrastructure rather than how improvement could influence the output of the economy. Using a more general method of calculating the value of the investment would be to determine if the improved access and greater efficiency would influence the jobs that would be maintained or created, how improved mobility would increase employers ' access to the labor force and whether the investment would lead to sites which could be exploited.
Other issues may help to refine the value economic investment…

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