EFFECT OF TRAFFIC CONGESTION ON THE ECONOMY A CASE STUDY OF ABUJA NYANYA
- Project Research
- 1-5 Chapters
- Quantitative
- Regression
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
Background of the study
Transportation and property are critical in the physical and economic development of towns and cities around the world. Property and land prices tend to rise faster in locations with developing transportation networks and fall more quickly in areas without such upgrades. Rapid and sustained increases in housing and land prices are projected in cities as transportation improves and economic and population expansion accelerates (Clinton, 2019). Without transportation, which is a critical aspect for physical and economic growth, man, nations, regions, and the world would be greatly hampered in their development (Oyesiku, 2018). Transportation and land use are inextricably linked. Indeed, previous research has found convincing and consistent links between them (Ewing and Cervero, 2017; Polzin, 2018). According to Bailey, Mokhtarian, and Littlel (2018), a transportation route is a specific growth pattern or road network that is primarily described by regular street patterns as an essential aspect of human existence, development, and civilization. The route network, combined with increasing transportation expenditure, results in altered levels of accessibility, as shown in Cost Benefit Analysis, travel time savings, and other benefits. These advantages are visible in enlarged catchment areas for services and amenities such as shops, schools, offices, banking, and recreational activities.
One of the most important sectors of the economy is transportation. It is essential in the day-to-day operations of economic development. It acts as a catalyst in manufacturing by facilitating the transportation of inputs to production locations and the evacuation of products for storage or marketing. Its role is critical for all facets of society's social and economic life (NTP, 2017). After food and shelter, transportation, particularly road transportation, is a basic necessity for individuals.
Access to basic requirements can be enhanced; numerous expenditures can be saved; productivity can be increased; and so human and economic development can be promoted with an efficient, safe, and economical transportation system that offers the option of diverse modes of transportation. Furthermore, reductions in pollution, reductions in necessary transportation spaces, and improvements in road safety all lead to an improvement in quality of life (Robin and Wytse, 2018).
According to Johnson et al. (2015), inefficient and inefficient transportation networks severely hinder economic development, social opportunities, and social relationships. Access to low-cost, high-quality public transportation is critical for the urban population, since its absence causes economic, social, and physical isolation (Department of International Development, 1999). The issue appears to be affecting low-income groups in suburban locations with limited access to public transportation and other essential urban amenities (Hine, Olvera et al, 2016). In general, transportation is critical for development because without physical access to resources and markets, health, education, and other social services suffer, growth slows, and poverty reduction is impossible. Motorized transportation, with its associated negative consequences, contributes significantly to an imbalance between the three components of sustainable development: economic growth, social progress, and environmental protection (Robin and Wytse, 2018).
People's demand for road and other road transportation facilities continues to rise as population grows, particularly in metropolitan areas, and the construction of new highway capacity to satisfy this increase in travel has lagged. Congestion occurs when traffic demand approaches or surpasses the road system's available capacity. While this is a basic notion, it is not consistent because traffic demand varies greatly based on the season, day of the week, and even time of day. Nonetheless, the overall impact of traffic congestion on Nigerian highways cannot be accurately quantified due to the numerous and diverse effects it has on national capacity, but its significant impact can be seen on service delivery, good delivery, pollution, discomfort, excessive fuel consumption, and excessive vehicle maintenance - all of which account for economic loss. Traffic congestion has reached an alarming level in Nigeria, particularly in several cities.
Against this backdrop, this study examined the arterial roads, determining their levels of accessibility, connectivity, and traffic density, as well as the pattern of commercial property values, the relationship between the explanatory variables of the road network, and the impact of traffic congestion on the economy in Nyanya Abuja, Nigeria.
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