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