An Empirical Analysis of the Regional Distribution Weights in the Allocation of Transportation Investment Fund

• Main Authors: Feng Chao-Shing, 馮兆興
• Other Authors: Chiang Yu-Sheng、Wang Chiang Shaw-Er
• Format: Others
• Language: zh-TW
• Published: 1994
• Online Access: http://ndltd.ncl.edu.tw/handle/24480246327922755913

碩士 === 國立成功大學 === 交通管理(科學)學系 === 82 === Since the abolition of the Martial Law in 1987, the issues of local self-government (i.e. autonomy) , enviroment protection, as well as the disparity between urban and rural area have becoming importantin Taiwan. All of these are releated to the issue of equality which has been ignored in the past years. The purpose of this study is to investigate the degree of inequality in the regional distribution of public investment funds in transportation sector. It is very difficult to measure this both from theoretical and empirical point of view. We propose a practical method to examine this issue by using regional distribution weights which is analogous to the concept of income distribution weights. We first review the underlying theoretical basis for the proposed regional distribution weights. These weights can be derived empirically using the revealed preference model. We use probit model to estimate the weights which the decision makers in the past placed upon the North, Middle, South regions in making the major transportation investment decisions. The estimation results indicated that the phenomenon of regional inequality has been quite series. One dollar worth of investment benefits in the North region was weighted as high as five times than the same amount of benefits in the south region. However,the implementation of the major transportation investment projects proposed in the National Construction Plan would reduce such regional inequality significantly.