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CentrePiece article

In brief...Road to recovery? Economic benefits of new infrastructure


New investment in roads can produce economic benefits, even in mature infrastructure networks like the UK’s, according to research by Henry Overman and colleagues. At the same time, they argue, improved evaluation of new UK road schemes is badly needed. New investment in transport infrastructure is seen as a key plank of a modern industrial strategy, and is central to many local economic growth strategies. This study looks at the impact of UK road investment on jobs.


Stephen Gibbons, Teemu Lyytikäinen, Henry Overman and Rosa Sanchis-Guarner

3 July 2017     Paper Number CEPCP510

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This CentrePiece article is published under the centre's Urban programme.