References

1. Apogee Research, Inc. and Greenhorne & O'Mara, "Research on Relationship between Economic Development and Transport Investment," Transportation Research Board, National Research Council, Washington, D.C., NCHPR Report 418, 1998.

2. Bell, Michael E. and Therese J....

Figure 13 - Private Business Investment in Transportation by Transportation Industry vs. by Non-Transportation Industries, Average for 1977-2000

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Sources: BTS calculations based on data from U.S. Department of Commerce, Bureau of...

Figure 12 - Growth of Private Business Transportation Investment and Non-Transportation Investment Compared with Growth in GDP, 1977-2000

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Note: All growth rates are calculated based on chained 1996 dollar values.

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Figure 11 - Investment in Rolling Stock as Percent of GDP by Mode, 1977-2000

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Sources: BTS calculations based on data from U.S. Department of Commerce, Bureau of Economic Analysis (BEA), "Fixed Assets and Consumer Durables,...

1. Introduction

Transportation investment is defined as additions to transportation fixed assets. Transportation fixed assets refers to structures, motor vehicles, and other machinery and equipment, which are used in the provision of transportation services for more than one year. Due to...

Figure 10 - Growth of Investment in Rolling Stock by Sector Compared with Growth in GDP, 1977-2000

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Note: All growth rates are calculated based on chained 1996 dollar values.

Table 6 - Investment in Transportation Tnfrastructure as Percentage of GDP by Mode, 1977-2000

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Figure 2 - Growth in Transportation Investment by Type of Asset Compared with Growth in GDP, 1977-2000

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Notes: All growth rates are calculated based on chained 1996 dollar values. Other...

Figure 6 - Investment in Transportation Tnfrastructure as Percentage of GDP by Mode, 1977-2000

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Notes: Transit includes relatively small amounts of government investment in railroad infrastructure. Transportation services include...

3. Review of Literature

The literature review covers the various research studies on the link between transportation investment and economic development. This literature review is intended to draw implications regarding the type, structure, and level of detail of transportation investment...