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来源类型 | Monograph (IIASA Interim Report) |
规范类型 | 报告 |
Development of Transportation Infrastructure in the Context of Economic Growth. | |
Ortiz-Moctezuma MB; Pivovarchuk D; Szolgayova J; Fuss S | |
发表日期 | 2008 |
出版者 | IIASA, Laxenburg, Austria: IR-08-045 |
出版年 | 2008 |
语种 | 英语 |
摘要 | Developed road infrastructure is an essential factor facilitating and accelerating economic growth, which will in turn enable the addition of more roads. At the same time, the marginal benet of adding roads to a large stock of existing capacity might be diminishing. It is thus evident that the co-evolution of economic output and road infrastructure is rather intricate and deserves special attention. The model developed in this paper therefore investigates the interdependency between a country's economic growth and the development of transportation infrastructure in this country. To this end, a co-evolutionary perspective is developed, where the mutual inuence of the rate of economic growth and the capacity of transportation infrastructure are explicitly taken into account. This approach enables us to set up an optimal control problem, where the optimal investment rate is determined considering the co-evolutionary dynamics of GDP growth and capacity expansion. This model forms a comprehensive framework for understanding the underlying dynamics and the patterns of economic growth in relation to transport infrastructure. We nd an analytical solution for the innite horizon problem, where the control turns out to be a constant. The steady state is shown to depend crucially on the rate of physical decay of roads, which we think can be interpreted as an index of quality, and the speed of adjustment, at which the economy moves along a trajectory. Testing the model for the data of two countries, France and Finland, illustrates the usefulness of such an approach to real world problems and possibly policy recommendation, where the model would have to be adapted to the peculiarities of each country or region to make precise statements. |
主题 | Dynamic Systems (DYN) ; Forestry (FOR) |
关键词 | road infrastructure, investment, economic growth, optimum control theory, co-evolutionary modeling |
URL | http://pure.iiasa.ac.at/id/eprint/8744/ |
来源智库 | International Institute for Applied Systems Analysis (Austria) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/125637 |
推荐引用方式 GB/T 7714 | Ortiz-Moctezuma MB,Pivovarchuk D,Szolgayova J,et al. Development of Transportation Infrastructure in the Context of Economic Growth.. 2008. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
IR-08-045.pdf(626KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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