IDEAS home Printed from https://ideas.repec.org/a/eee/ecmode/v127y2023ics0264999323002766.html
   My bibliography  Save this article

Spatial economic dynamics in transport project appraisal

Author

Listed:
  • Lennox, James

Abstract

Major transport projects can alter the distribution of population and employment as households and firms respond to changes in accessibility. These land use changes can affect the distribution and scale of benefits delivered. However, models used in transport project appraisal often assume fixed land uses. A dynamic spatial model (DSM) of the economy can quantify land use changes and the level and spatial distribution of welfare impacts resulting from changed travel times. Effects of project expenditures, funding and financing are also accounted for.

Suggested Citation

  • Lennox, James, 2023. "Spatial economic dynamics in transport project appraisal," Economic Modelling, Elsevier, vol. 127(C).
    • Handle: RePEc:eee:ecmode:v:127:y:2023:i:c:s0264999323002766
    DOI: 10.1016/j.econmod.2023.106464
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0264999323002766
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.econmod.2023.106464?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Lorenzo Caliendo & Fernando Parro & Esteban Rossi-Hansberg & Pierre-Daniel Sarte, 2018. "The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(4), pages 2042-2096.
    2. Stephan Heblich & Stephen J Redding & Daniel M Sturm, 2020. "The Making of the Modern Metropolis: Evidence from London," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(4), pages 2059-2133.
    3. Gabriel M. Ahlfeldt & Stephen J. Redding & Daniel M. Sturm & Nikolaus Wolf, 2015. "The Economics of Density: Evidence From the Berlin Wall," Econometrica, Econometric Society, vol. 83, pages 2127-2189, November.
    4. Eliasson, Jonas & Savemark, Christian & Franklin, Joel, 2020. "The impact of land use effects in infrastructure appraisal," Transportation Research Part A: Policy and Practice, Elsevier, vol. 141(C), pages 262-276.
    5. Lorenzo Caliendo & Luca David Opromolla & Fernando Parro & Alessandro Sforza, 2021. "Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement," Journal of Political Economy, University of Chicago Press, vol. 129(12), pages 3491-3545.
    6. Koster, Hans & Hayakawa, Kazunobu & Thisse, Jacques-François, 2021. "High-speed Rail and the Spatial Distribution of Economic Activity: Evidence from Japan's Shinkansen," CEPR Discussion Papers 15771, C.E.P.R. Discussion Papers.
    7. Gilles Duranton & Matthew A. Turner, 2011. "The Fundamental Law of Road Congestion: Evidence from US Cities," American Economic Review, American Economic Association, vol. 101(6), pages 2616-2652, October.
    8. Gilles Duranton & Matthew A. Turner, 2012. "Urban Growth and Transportation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(4), pages 1407-1440.
    9. Iacono, Michael & Levinson, David, 2016. "Mutual causality in road network growth and economic development," Transport Policy, Elsevier, vol. 45(C), pages 209-217.
    10. Feng Xie & David Levinson, 2010. "How streetcars shaped suburbanization: a Granger causality analysis of land use and transit in the Twin Cities," Journal of Economic Geography, Oxford University Press, vol. 10(3), pages 453-470, May.
    11. Treb Allen & Dave Donaldson, 2020. "Persistence and Path Dependence in the Spatial Economy," NBER Working Papers 28059, National Bureau of Economic Research, Inc.
    12. Benny Kleinman & Ernest Liu & Stephen J. Redding, 2023. "Dynamic Spatial General Equilibrium," Econometrica, Econometric Society, vol. 91(2), pages 385-424, March.
    13. Paul Waddell, 2011. "Integrated Land Use and Transportation Planning and Modelling: Addressing Challenges in Research and Practice," Transport Reviews, Taylor & Francis Journals, vol. 31(2), pages 209-229.
    14. Dena Kasraian & Kees Maat & Dominic Stead & Bert van Wee, 2016. "Long-term impacts of transport infrastructure networks on land-use change: an international review of empirical studies," Transport Reviews, Taylor & Francis Journals, vol. 36(6), pages 772-792, November.
    15. Bröcker, Johannes & Korzhenevych, Artem & Schürmann, Carsten, 2010. "Assessing spatial equity and efficiency impacts of transport infrastructure projects," Transportation Research Part B: Methodological, Elsevier, vol. 44(7), pages 795-811, August.
    16. Lorenzo Caliendo & Maximiliano Dvorkin & Fernando Parro, 2019. "Trade and Labor Market Dynamics: General Equilibrium Analysis of the China Trade Shock," Econometrica, Econometric Society, vol. 87(3), pages 741-835, May.
    17. Nathaniel Baum-Snow, 2007. "Did Highways Cause Suburbanization?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(2), pages 775-805.
    18. Stefan P. T. Groot & Henri L. F. Groot, 2020. "Estimating the Skill Bias in Agglomeration Externalities and Social Returns to Education: Evidence from Dutch Matched Worker-Firm Micro-Data," De Economist, Springer, vol. 168(1), pages 53-78, March.
    19. David Levinson, 2008. "Density and dispersion: the co-development of land use and rail in London," Journal of Economic Geography, Oxford University Press, vol. 8(1), pages 55-77, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Spatial economic dynamics and transport project appraisal
      by Christian Zimmermann in NEP-DGE blog on 2022-10-17 20:33:57

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hanlon, W.Walker & Heblich, Stephan, 2022. "History and urban economics," Regional Science and Urban Economics, Elsevier, vol. 94(C).
    2. Stephen J. Redding, 2022. "Suburbanization in the USA, 1970–2010," Economica, London School of Economics and Political Science, vol. 89(S1), pages 110-136, June.
    3. Gilles Duranton & Geetika Nagpal & Matthew A. Turner, 2020. "Transportation Infrastructure in the US," NBER Chapters, in: Economic Analysis and Infrastructure Investment, pages 165-210, National Bureau of Economic Research, Inc.
    4. Stephen J. Redding, 2020. "Trade and Geography," NBER Working Papers 27821, National Bureau of Economic Research, Inc.
    5. Stef Proost & Jacques-François Thisse, 2019. "What Can Be Learned from Spatial Economics?," Journal of Economic Literature, American Economic Association, vol. 57(3), pages 575-643, September.
    6. Olof Ejermo & Katrin Hussinger & Basheer Kalash & Torben Schubert, 2022. "Innovation in Malmö after the Öresund Bridge," Journal of Regional Science, Wiley Blackwell, vol. 62(1), pages 5-20, January.
    7. Fabien Candau & Elisa Dienesch, 2015. "Spatial distribution of skills and regional trade integration," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(2), pages 451-488, March.
    8. Combes, Pierre-Philippe & Gobillon, Laurent & Zylberberg, Yanos, 2022. "Urban economics in a historical perspective: Recovering data with machine learning," Regional Science and Urban Economics, Elsevier, vol. 94(C).
    9. Redding, Stephen J. & Turner, Matthew A., 2015. "Transportation Costs and the Spatial Organization of Economic Activity," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 1339-1398, Elsevier.
    10. Dávid Krisztián Nagy, 2021. "Quantitative Economic Geography Meets History: Questions, Answers and Challenges," Working Papers 1249, Barcelona School of Economics.
    11. Christensen, Peter & Osman, Adam, 2021. "The Demand for Mobility: Evidence from an Experiment with Uber Riders," IZA Discussion Papers 14179, Institute of Labor Economics (IZA).
    12. Redding, Stephen & Nakajima, Kentaro & Miyauchi, Yuhei, 2021. "Consumption access and agglomeration: evidence from smartphone data," LSE Research Online Documents on Economics 114353, London School of Economics and Political Science, LSE Library.
    13. Redding, Stephen, 2021. "Suburbanization in the United States 1970-2010," CEPR Discussion Papers 16174, C.E.P.R. Discussion Papers.
    14. Viladecans-Marsal, Elisabet & Garcia-Lopez, Miquel-Angel & Pasidis, Ilias, 2018. "Amphitheaters, cathedrals and operas: The role of historic amenities on suburbanization," CEPR Discussion Papers 13129, C.E.P.R. Discussion Papers.
    15. Gonzalez-Navarro, Marco & Turner, Matthew A., 2018. "Subways and urban growth: Evidence from earth," Journal of Urban Economics, Elsevier, vol. 108(C), pages 85-106.
    16. David Krisztián Nagy, 2020. "Quantitative economic geography meets history: Questions, answers and challenges," Economics Working Papers 1774, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2021.
    17. Yanzhe Cui & Pengjun Zhao & Ling Li & Juan Li & Mingyuan Gong & Yiling Deng & Zihuang Si & Shuaichen Yan & Xuewei Dang, 2024. "A new model for residential location choice using residential trajectory data," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-13, December.
    18. Pogonyi, Csaba G. & Graham, Daniel J. & Carbo, Jose M., 2021. "Metros, agglomeration and displacement. Evidence from London," Regional Science and Urban Economics, Elsevier, vol. 90(C).
    19. Gal Amedi, 2023. "The Determinants of the Transit Accessibility Premium," Bank of Israel Working Papers 2023.12, Bank of Israel.
    20. repec:hal:spmain:info:hdl:2441/7ell01j45s8loqtvgom5ci9i3h is not listed on IDEAS
    21. Combes, Pierre-Philippe & Gobillon, Laurent & Zylberberg, Yanos, 2022. "Urban economics in a historical perspective: Recovering data with machine learning," Regional Science and Urban Economics, Elsevier, vol. 94(C).

    More about this item

    Keywords

    Dynamic spatial equilibrium; Land use change; Project appraisal; Internal migration; Commuting;
    All these keywords.

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecmode:v:127:y:2023:i:c:s0264999323002766. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30411 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.