- New Research Explores Nexus Between Urban Mobility And Economic Prosperity
- These are just some of the toll industry developments TRN is following.
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New Research Explores Nexus Between Urban Mobility And Economic Prosperity
The Knowledge at Wharton website summarizes a new paper co-authored by faculty member Gilles Duranton entitled “The Fast, the Slow, and the Congested: Urban Transportation in Rich and Poor Countries.” Duranton and several colleagues researched the relationship between urban travel speeds and a country’s GDP. One finding that surprised them was that rising GDP most often is linked with increased mobility. “In development circles,” Duranton says, “[the assumption was that] as a country grows richer, travel speeds will decline because people start buying more cars and congestion will increase. But the quality and the number of the roads will also increase, enabling what we call uncongested mobility to increase. This second force is much stronger and dominates rising congestion, which means that mobility increases with GDP.” The Wharton article summarizes other findings from the study, such as the importance of highway infrastructure investment, and explores the research methodology employed by the authors.
Economic & Social Considerations Affecting Transportation Infrastructure Investment Trends Transportation and Infrastructure Research & DevelopmentThese are just some of the toll industry developments TRN is following.
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