Effect of Road Access in Domestic Economy of Nepal (A Case Study of Selected Districts)
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Pulchowk Campus
Abstract
The effect of road access status of various districts of Nepal on Gross Domestic Production (GDP) is evaluated and a model for the relationship between GDP and the road network development is calibrated. Two set of indicators; independent variables like transport road status (densities, connectivity indices, round year serviceability in year), population, land coverage and dependent variable economic status (GDP) are linked by statistical approach. The model thus formed is validated by using R2 value, p-value and t-statistics and best regression model is determined. Power model is obtained as best fit model with highest R2 value followed by lesser but very close to the highest R2 value from a linear model. For the simplicity to use linear regression model is suggested. The linear regression model showed that all weather road density possesses double multiplicative effect than total road network density which has even higher multiplicative effect than population density. Suggesting for more public road sector investment in road network upgrading to all weather standard from fair weather standard than just to construct fair weather roads in Nepal, the result of this study has important implication in future investment planning for economic reforms.
Description
The effect of road access status of various districts of Nepal on Gross Domestic Production (GDP) is evaluated and a model for the relationship between GDP and the road network development is calibrated.
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MASTER IN TRANSPORTATION ENGINEERING