Econometric Evidence on the Benefits of Infrastructure Investment: an Australian Perspective
Working Paper 25
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This Working Paper forms part of a research project investigating into certain issues concerned with measuring the benefits of investment in transport infrastructure. The focus of the project is on possible benefits from increased employment; and benefits often claimed to be significant but understated by benefit-cost analyses, especially; cost savings from business logistic responses to improvements in infrastructure (for example, substitution of transport for inventory); rural regional development benefits; and the indirect benefits that an item of transport infrastructure provides to non-users of that infrastructure.
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