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- W1514908659 abstract "The purpose of this paper is to set forth a general approach for the economic analysis of rural road projects. In this context, the paper discusses the shortcomings of traditional economic analyses of highway projects which have focused on the quantification of road user savings. The paper points out that such an approach is specifically unsuitable for rural roads with low levels of traffic. The authors emphasize the interdependence of transport and agricultural production systems in the rural environment and argue that the analysis should focus on the mechanisms by which transport cost savings are translated into increased agricultural production and income. From an analytical point of view, rural road projects are separated into two categories depending on the current level of economic activity in the area of influence. In areas of low economic activity, a producer surplus-oriented analysis is recommended as a means of quantifying the benefits of increased economic activity induced by the road and any complementary investments." @default.
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- W1514908659 date "1976-08-31" @default.
- W1514908659 modified "2023-09-27" @default.
- W1514908659 title "The economic analysis of rural road projects" @default.
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