Infrastructure investment and travel time

Author

Yumi KOH, Singapore Management UniversityFollow
Gea M. LEE, Singapore Management UniversityFollow

Publication Type

Journal Article

Version

publishedVersion

Publication Date

2-2020

Abstract

We examine additional travel time that arises as reconstruction of non-functioning bridges gets delayed. Our simulations show that the extent to which a budget increase reduces such additional travel time is rather modest. We show that a substantial portion of the unsolved travel time results from budgetary allocations.

Keywords

Budgetary allocation; Delay; Infrastructure investment; Travel time

Discipline

Economics | International Economics

Research Areas

Applied Microeconomics

Publication

Economics Letters

Volume

187

First Page

1

Last Page

3

ISSN

0165-1765

Identifier

10.1016/j.econlet.2019.108901

Publisher

Elsevier

Citation

KOH, Yumi and LEE, Gea M.. Infrastructure investment and travel time. (2020). Economics Letters. 187, 1-3.
Available at: https://ink.library.smu.edu.sg/soe_research/2363

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Additional URL

https://doi.org/10.1016/j.econlet.2019.108901