Services from Built Capital
(2012 $)
Services from Built Capital
Services of Transportation Infrastructure
Services from Water Infrastructure
Services from Household Goods
What are we measuring?
The Maryland GPI considers the value of benefits that the Maryland public
receives from transportation infrastructure, water infrastructure, and household
goods. Transportation infrastructure (roads and highways) are vital in allowing
us to travel to meet our daily needs. Water infrastructure is particularly
important in Maryland as the Chesapeake Bay forms an important part of many of
its citizen’s lives. Most household goods benefit us long after purchase, be it
a lawn mower, washing machine, or oven, these goods are essential for meeting
basic needs.
Trends 2012-2019
Services from built capital increased approximately 1% from 2012 to 2019. The value of household goods services declined slightly over this period while transportation and water infrastructure increased.
Calculation
The methods here follow those of GPI 1.0 for transportation infrastructure and household goods, but expand built infrastructure to include the value of water infrastructure, using the same assumptions for depreciation rate and average interest rates.
