| Summary: | 碩士 === 國立高雄第一科技大學 === 運籌管理所 === 96 === Road construction is part of the physical infrastructure and strongly related to local and national economic development. Well designed road network serve various transport demands, including the shipment of consumer goods, manufacturing materials, final products,
and social activities, which all are parts of economic activities. In addition, the connection of road network with other transport services in marine, air, and rail
complete transport system and are more efficiently accelerate economic development.
Previous studies support the existence of a positive relationship between road construction and economic development. Nevertheless, there are two common characteristics among most studies. First, most studies only use one index, only one type of road or an aggregate one, to represent road construction. In the reality,
however, there is more than one type of road. Moreover, most studies focus only on regional development. The data used is one region only or regions with similar
characteristics like big cities in different countries. Few studies pay attention to the development within a state which is more often the focus of policy making.
Therefore, this study tries to link the literature discussion and the development policy by considering national economic development by using multi-road indexes. Our analysis data includes a panel of annual observations of 23 counties in Taiwan from 1998 to 2006.
The empirical results in our study show that: First, all road indexes have significant and positive effects on both per Capita National Income and the
amount of Business Sales. Second, there exists a positive relationship between ramp and economic development. This relationship is significant for the amount of Business Sales but not for Capita National Income.
Therefore, this study supports the argument that the road construction accelerates economic development.
Key words: road construction, economic development.
|
|---|
