
The relationship between transport and economic development occur in two directions, in the sense that (i) land use and economic development are major drivers' of demand for transport ( in terms of quantity, type, location and mode); and (ii) transportation investments and other initiatives ( such as regulations, pricing) can influence levels, patterns and locations of economic development. The principal role of road transportation is to provide access between spatially separated locations for the business and household sectors, for both commodity ( lands transportation) and person movements. For the business sector, this involves connections businesses and their input sources between business factories and other business shops and between business and their markets. For the households sector, it provides people with access to workplaces and education facilities, shops and social recreation, community and medical facilities etc. on the roads. I feel different countries' road transportation system can be self funded in the sense that the majority of the costs of transportation system investment operation and maintenance are either paid directly by users ( for example, through car operating costs) are funded initially by governments and recovered from transport users ( for example, through petrol duties and road user charges). Governments' road transportation system and their use also give rise to some external costs( externalities). These include global environmental impacts ( greenhouse gas emissions) and local environmental and health impacts ( for example, noise partial pollution and road accident costs). The direct effects of transportation investments are to reduce road transportation time and costs through reducing travel time, decreasing the operating costs of transportation and enhancing access to destinations within the road network. A good road transportation network also needs to reduce any economic disbenefits, for example where projects reduce congestio
Page Count:
26
Publication Date:
2020-12-30
Publisher:
Independently Published
ISBN-13:
9798588504249
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