References

1. Apogee Research, Inc. and Greenhorne & OMara, 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. McGuire...

Figure 13 - Business transportation investment by transportation and non-transportation industries, average for 1987-2003

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Sources: BTS calculations based on data from the following sources: U.S. Department of...

Figure 12 - Business transportation and non-transportation investment: 1988-2003

(Growth in percent)

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Note: All growth rates are calculated based on chained 2000 dollar values.

Sources...

Figure 11 - Investment in rolling stock as percent of GDP by mode: 1987-2003

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Sources: BTS calculations based on data from the following sources: U.S. Department of Commerce, Bureau of Economic Analysis (BEA),...

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 data...

Figure 10 - Growth of investment in rolling stock by sector compared with growth in GDP, 1988-2003

(Annual growth in percent)

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Note: All growth rates are calculated based on...

Figure 6 - Investment in transportation infrastructure as percentage of GDP by mode: 1987-2003

(Percent)

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Figure 2 - Growth in transportation investment by type of asset and U.S. GDP: 1988-2003

(Annual growth in percent)

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Note: All growth rates are calculated based on chained 2000...

Figure 6 - Investment in transportation infrastructure as percentage of GDP by mode: 1987-2003

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Note: Details do not add to the total investment, because the total includes parking and investments of establishments...

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 data...