Premium
MODELING INVESTMENT PRIORITIES FOR NATIONAL ROAD IMPROVEMENTS: A CASE STUDY OF KOREA
Author(s) -
Kim Tschangho John,
Park ChangHo,
Rho Jeong Hyun
Publication year - 1985
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/j.1435-5597.1985.tb00860.x
Subject(s) - investment (military) , developing country , business , transport engineering , road map , finance , environmental planning , economic growth , economics , engineering , political science , geography , law , cartography , politics
The paper addresses specific problems associated with formulating investment priorities for national road improvements in Korea. More specifically, the objectives of the paper are (1) to present a model for formulating investment priorities for road improvements that may be useful to developing countries. (2) to test the model with simplified data for deriving investment priorities for Korea's road improvements. and (3) to learn lessons that can be applicable to other developing countries with particular respect to recommending investment priorities for road improvements. The study results are useful for planners in developing countries, and also for evaluation analysts in funding institutions who are confronted with evaluating investment priorities for deteriorating road conditions.