Project
Relation between road investments and growth
Funding origin:
Sweden
STRIA Roadmaps:
Other ()
Duration:
Start date: 01/01/2002,
End date: 01/12/2004
Status: Finished
Funding details:
Overview
Background & policy context:
One of the great riddles of the post-war period around the economic development of
North America and Western Europe have been how to explain that the growth rate of
the gross domestic product (GDP) of the economies slowed considerably from the 1970s and forwards.
Objectives:
The technological development, a shift from manufacturing economy to one
more service-based, deficiencies in the measurement of GDP (eg in terms of quality measurement), changes in the composition of the labor force, too low investment rates in both private and public activities, etc. All of these explanations have been investigated in different ways in Sweden and some are still subject this active research.
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