Transport Infrastructure Development Performance

TLDR

Transport infrastructure is a core component of any city or state’s transport system, increasingly recognized as a key driver of economic and social development, and has become a focus of research on its performance measurement and its link to economic growth. The study aims to highlight Latvia’s transportation industry’s role in economic development, describe transport infrastructure as part of the state system, and emphasize the need for a systematic methodology to measure its performance. The authors review international approaches to measuring transport infrastructure performance and propose a systematic methodology that can guide decision‑makers in transportation planning.

Abstract

Transport infrastructure is an integral part of the transport system of any city or state. In connection with the development of society and intensification of international relations due to the globalization processes, the importance of transport as a factor for economic and social development has enhanced. Various aspects of the activities related to the development of transport infrastructure have increasingly become the objects of scientific researches. Transportation as an economic factor is a measure of economic activity and at the same time transportation is a reflection of economic activity. So, the questions about transport infrastructure performance measurement and relationship between transport infrastructure and economic growth are the subjects for discussions in both academic and non-academic circles. This paper highlights the role of the transportation industry in economic development of Latvia, describes the concept of transport infrastructure as an important part of the state transport system, and estimates the employed international approaches to the measurement of performance of transport infrastructure development. The article focuses on the necessity for the development of the methodology of measuring the transport infrastructure performance, that should be applied systematically and that would be generally helpful to all responsible people making transportation-related decisions.