
Economic Costs of Road Congestion in Australia and how to reduce it : Part II
Despite numerous and well-intentioned efforts to reduce road congestion, any relief achieved by these efforts tends to be short lived. Consider the case of the M1 in Queensland The M1 Pacific Motorway to the Gold Coast—particularly the stretch between Brisbane and Tugun—began experiencing congestion issues relatively soon after its initial construction, due to rapid population growth and increased tourism in the region. Motorways are modern examples of Say’s law whereby supply creates demand/ The short sequence between constriction of the
