Transport infrastructure, Microeconomics

Transport Infrastructure:

The development of transport infrastructure plays an important role in the growth process through increasing mobility of resources and increasing factor productivity. Transport infrastructure saves time and decreases the cost of transportation, and, thereby, helps both the rich and the poor. Transport development in rural areas strengthens linkages between towns and the countryside. Along with irrigation, it helps adoption of new technology by reducing the cost of inputs and marketing of outputs. It helps the rural poor by increasing their accessibility to schools and health centres and enables them to obtain non-farm employment in far-away places. In India, the share of the transport sector in Gross Domestic Product in 2003-04 was 5.55 per cent (calculated at 1993-94 prices). Roads, Railways, Airports, and Seaports are the infrastructure constituents of Transport Sector. 

Posted Date: 11/10/2012 7:31:57 AM | Location : United States







Related Discussions:- Transport infrastructure, Assignment Help, Ask Question on Transport infrastructure, Get Answer, Expert's Help, Transport infrastructure Discussions

Write discussion on Transport infrastructure
Your posts are moderated
Related Questions
Q. Explain about Counter-Cyclical Policies? Counter-Cyclical Policies:Governments may take many different actions to offset ongoing booms and busts of private-sector economy. T

Distinguish between the terms of trade and the balance of trade. Basic explanation of the terms of trade as the average price of exports in relation to the average price of imp

The outer shape of a football can be described via the following equation               Using Matlab, plot the outer shape of a football in  red or orange using a line widt

who propounded the pure international theory of trade?

Explain about the term cost function. Cost Functions This function measures the minimum cost of producing a specified level of output for some fixed factor prices. Likewise

Suppose that demand is downward sloping and supply upward sloping. Subsidies cause dead weight loss despite the fact that: 1)consumer surplus increases. 2)total surplus increases

I have an article about 40 pages long that''s needs to be read and then a discussion question. The post has to be 35-40 lines. I will have to send/ attach the article

Problem 1: a) Explain the different types of unemployment that exist. b) Critically examine how monetary policy can be used to deal with inflation. c) Critically examine


ELASTICITIES OF SUPPLY AND DEMAND Usually, elasticity is a measure of the sensitivity of one variable to the other. It told us the percentage change in one variable in re