Estimation of increased regional income that emanates from economically justified road construction projects

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ID: 260776
2005
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Abstract
This article identifies the possible development benefits than can emanate from economically justified road construction projects. It shows how the once-off increase in regional income resulting from investment in road construction projects, and the recurring additional regional income resulting from the use of new or improved roads can be estimated. The difference is shown that exists between a cost-benefit analysis (to determine how economically justified a project is) and a regional economic income analysis (to estimate the general economic benefits that will be developed by investment in and usage of a road). Procedures are proposed through which the once-off and recurring increases in regional income can be estimated by using multiplier and accelerator analyses respectively. Finally guidelines are supplied on the appropriate usage of input variables in the calculation of the regional income multiplier.
Reference Key
pienaar2005suid-afrikaanseestimation Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors W. J. Pienaar;W. J. Pienaar;
Journal Suid-Afrikaanse Tydskrif vir Natuurwetenskap en Tegnologie
Year 2005
DOI
10.4102/satnt.v24i4.179
URL
https://sciprofiles.com/publication/view/4b0b3011cd267d24df5e63fb1cdaf14c
Keywords
construction projects multiplier road construction emanate economically justified increased regional increase in regional income

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