Transcription of Understanding the Impact of Transportation on Economic ...
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Understanding the Impact of Transportation on Economic ...
A1A06: Committee on Transportation and Economic DevelopmentChairman: Norman Foster, Minnesota Department of TransportationUnderstanding the Impact of Transportation onEconomic DevelopmentRANDALL EBERTS, W. E. Upjohn InstituteThe interface between Transportation investment and Economic development has broadramifications that go beyond Transportation s basic purpose of moving goods and peoplefrom one place to another. Whereas there is no doubt that Transportation is essential in theoperation of a market economy, much still needs to be understood about ways in which anefficient Transportation system can improve the productivity of the also has a broader role in shaping development and the concerns in the next millennium will increasingly focus on the effects oftransportation on where people live and on where businesses locate; and on the effects thatthese location decisions have on land use patterns, congestion of urban transportationsystems, us
intermodal freight facilities, geographic positioning systems, and instrument landing systems, to mention a few major innovations. Within each of these areas, numerous innovations are being developed. Policy makers and practitioners need to gain a clear understanding of the effects of these innovations on economic development through
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