A Comparative Study on Positive and Negative Effects of a Public Good with Reference to Infrastructure Project in Kerala

Author(s)	Dr. Nishitha Pankan, Ms. Smera Elsa Saji, Dr. Vinitha K B
Country	India
Abstract	Public infrastructure projects play a significant role in regional development by generating both positive and negative externalities. This study examines the comparative effects of the bypass road in Kozhikode District, Kerala, on the local population and economy. The findings reveal that the positive externalities of the bypass road outweigh its negative externalities. Major positive impacts include improved transportation efficiency, reduced travel time, enhanced connectivity, increased business opportunities, and a decline in traffic congestion and road accidents in certain areas. Although some negative effects such as environmental concerns, noise pollution, and displacement of a few economic activities were reported, their overall impact was relatively limited. The study concludes that the bypass road has contributed significantly to socio-economic development and public welfare in the region. Effective planning and management can further reduce the remaining negative externalities and enhance the long-term benefits of the project.
Keywords	Negative externality, positive externality, Infrastructure, Keralaeconomy
Field	Arts
Published In	Volume 8, Issue 3, May-June 2026
Published On	2026-06-10
DOI	https://doi.org/10.36948/ijfmr.2026.v08i03.80665

About IJFMR Fees & Payment Current Issue Publication Archive	Submit Research Paper Track Submission Status Publication Guidelines Publication Ethics Peer Review & Plagiarism	Join as a Reviewer Editors & Reviewers Reviewer Referral Program Get Reviewer Membership Certi.	Website/Journal Policies Usage Policy Content Policies Privacy Policy

Contact Us		+91-9687-828-838	editor@ijfmr.com

International Journal For Multidisciplinary Research