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Document Type:Latin Dissertation
Language of Document:English
Record Number:54734
Doc. No:TL24688
Call number:‭3187562‬
Main Entry:Saiyid Hassan Sikder
Title & Author:Role of accessibility on regional economic efficiency in Bangladesh: Data envelopment analysisSaiyid Hassan Sikder
College:The Pennsylvania State University
Date:2005
Degree:Ph.D.
student score:2005
Page No:190
Abstract:Efficient allocation of resources is of paramount importance for building reliable and efficient transportation systems. This is particularly important when considering the key role transportation plays in the economic development of any region. Despite continuing efforts by economists, planners and transportation system analysts, the relationship between transportation investment and regional economic development is yet to be understood clearly. One of the most intriguing issues in this connection is the estimation of transportation infrastructure and service development investments on regional economic development; the other is to assess the time lag between the two events—transportation investment and the resulting economic development in a certain region. This is partially due to the complexity of the dynamic influence of transportation investments that materializes through direct and indirect benefits, which include short term effects such as the creation of employment and increase of market for local goods and services and longer term effects like the establishment of industries for the utilization of local goods and services. The first issue is important from the perspective of determining regions of a country that need immediate resource allocation for transportation improvements. The second issue—assessment of the time lag between investment and its return—affects evaluation of the benefits of investment which, in turn, has significant implications on the decision making process. Both of these issues are very important from a national transportation planning perspective. In this research both of these issues are addressed. The Data Envelopment Analysis (DEA) technique is used to examine economic efficiency of investment in transportation infrastructure development for each of the 20 regions of the subject country—Bangladesh. The input and output data for the year 2000 are used in the research (these are the latest published data). Using DEA in this research, investment priorities are identified for specific regions and their relative impacts are assessed. It is observed that investment patterns and criteria under which resources are allocated among competing sectors and projects in Bangladesh might have created investment bias towards already developed regions and resulted in economic inefficiency. For this reason, the role of transportation investment on regional economic development of Bangladesh is examined in more detail here. National investment policy appears to be inclined for more investment in the comparatively more developed regions under the pretext of higher aggregate production. Investments in infrastructure development of less efficient regions seem to be more effective by providing higher rate of return. Based on the Data Envelopment Analysis (DEA) technique, a framework for capturing this dynamic relationship between transportation investment and economic development is also examined in this research. A panel data set is compiled for each of the districts for each year in the period 1976 to 2000 for this analysis. It is observed that there exists a strong correlation between relative scarcity of transportation infrastructure, as compared with other input parameters in the production process, and materialization of investment in transportation sector with a time lag. The span of time lag can be categorized into short, medium and long term. The results also suggest that current demand for increased accessibility is correlated with the dynamic characteristics of time lag and spatial variation.
Subject:Social sciences; Applied sciences; Bangladesh; Economic efficiency; Transportation infrastructure; Civil engineering; Transportation; 0543:Civil engineering; 0709:Transportation
Added Entry:K. G. Goulias
Added Entry:The Pennsylvania State University