Dynamic Intercorrelations between Transport/Traffic Infrastructures and Territorial Systems: From Economic Growth to Sustainable Development

Abstract

The correlations between investments in transport infrastructure and territorial development continue to concern public authorities. They are responsible for optimising the allocation of financial resources, and they are interested in the correct short- and long-term estimations of investments in transport infrastructure’s consequences for development. The direct and indirect effects of transport infrastructure are present in the socio-economic assessment methodologies of projects. Despite the recorded progress, uncertainties remain in technical assessments, especially socio-economic ones, and they do not remove decision-makers’ concerns regarding the necessity and appropriateness of investments. Based on these aspects, this paper aimed to clarify the effects of new infrastructure on socio-economic development.