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A Dual Economic Analysis of the Benefits of the Public Road Network

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  • Seitz, Helmut
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    Abstract

    The productivity impact of public infrastructure is assessed by applying duality theory and estimating the savings in private production costs associated with the provision of public capital. The method used is that of a generalized cost function incorporating both physical and monetary measures of the provision of public road infrastructure capital as fixed unpaid factors of production. Estimation is done using a panel data set of 31 German manufacturing industries in West Germany. The resulting estimates form the basis of a motorway toll system using the principle of "pay-as-you-benefit."

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    Bibliographic Info

    Article provided by Springer in its journal Annals of Regional Science.

    Volume (Year): 27 (1993)
    Issue (Month): 3 (September)
    Pages: 223-39

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    Handle: RePEc:spr:anresc:v:27:y:1993:i:3:p:223-39

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    Cited by:
    1. Jose da Silva Costa, 1998. "The productive role of public infrastructure: A critical review of recent literature," ERSA conference papers ersa98p95, European Regional Science Association.
    2. Hirte, Georg & Stephan, Andreas, 2014. "Regionale Beschäftigungswirkungen von öffentlichen Investitionen in Straßen- und Schieneninfrastruktur," Discussion Papers 2/2014, Dresden University of Technology, Faculty of Transportation and Traffic Sciences "Friedrich List", Institute for Transport and Economics.
    3. Alfredo Marvão Pereira & Jorge M. Andraz, 2013. "On the economic effects of public infrastructure investment:A survey of the international evidence," Working Papers 108, Department of Economics, College of William and Mary.
    4. FitzGerald, John & Kearney, Ide & Morgenroth, Edgar & Smyth, Diarmaid, 1999. "National Investment Priorities For The Period 2000-2006," Research Series, Economic and Social Research Institute (ESRI), number PRS33.
    5. Andreas Stephan, 2003. "Assessing the contribution of public capital to private production: Evidence from the German manufacturing sector," International Review of Applied Economics, Taylor & Francis Journals, vol. 17(4), pages 399-417.
    6. Carlos Gil Canaleta & Pedro Pascual Arzoz & Manuel Rapun Gurate, 1998. "Public Capital, Regional Productivity and Spatial Spillovers," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 9811, Departamento de Economía - Universidad Pública de Navarra.
    7. Andreas Stephan, 2000. "The Contribution of Transport and Human Capital Infrastructure to Local Private Production: A Partial Adjustment Approach," CIG Working Papers FS IV 00-20, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    8. Rico Maggi & Simona Bolis, 1998. "Adaptive stated preference analysis of shippers? transport and logistics choice," ERSA conference papers ersa98p496, European Regional Science Association.
    9. Spiros Bougheas & Panicos Demetriades & Edgar Morgenroth, 1996. "Infrastructure, Transport Costs and Trade," Keele Department of Economics Discussion Papers (1995-2001) 96/7, Department of Economics, Keele University.
    10. Hans-Friedrich Eckey & Reinhold Kosfeld & Nina Muraro, 2009. "Auswirkungen der Bevölkerungsentwicklung auf das wirtschaftliche Niveau der Regionen in Deutschland," MAGKS Papers on Economics 200901, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    11. Torstein Bye & Alexandra Katz, 1995. "Returns to Publicly Owned Transport Infrastructure Investment . A Cost Function/Cost Share Approach for Norway, 1971-1991," Discussion Papers 154, Research Department of Statistics Norway.
    12. Jiwattanakulpaisarn, Piyapong & Noland, Robert B. & Graham, Daniel J., 2010. "Causal linkages between highways and sector-level employment," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(4), pages 265-280, May.
    13. Ambe Njoh, 2009. "The Development Theory of Transportation Infrastructure Examined in the Context of Central and West Africa," The Review of Black Political Economy, Springer, vol. 36(3), pages 227-243, December.

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