In brief... Road to recovery? Economic benefits of new infrastructure
Stephen Gibbons, Teemu Lyytikainen, Henry G. Overman and Rosa Sanchis-Guarner
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.
3 July 2017 Paper Number CEPCP510
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This CentrePiece article is published under the centre's Urban programme.