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Regional valuation of infrastructure and transport attributes for Swedish road freight

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Author Info
Erik Bergkvist () (Department of Economics and CERUM, Umeå University, SE-901 87 Umeå, Sweden)
Lars Westin () (Department of Economics and CERUM, Umeå University, SE-901 87 Umeå, Sweden)

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Abstract

Is it possible to identify regional differences among shippers in their valuation of infrastructure improvements? In this study, the question is analysed using a random utility approach, where parameters are estimated by a logit model. Data consist of a Swedish stated-preference study from 1992. The results indicate that regional differences exist, but that a considerable heterogeneity in the empirical data means that in some cases the results are not robust. However, when industrial mix, shipping distance, and goods values are held constant, the analysis still indicates the existence of regional differences. Independently of the limitations in the results, the study has implications for any infrastructure benefit analysis where parameters from spatial averages are used. The results are based on short-term decisions, and one should recognise that parameters may vary in the mid- and long-term.

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

Volume (Year): 35 (2001)
Issue (Month): 4 ()
Pages: 547-560
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Handle: RePEc:spr:anresc:v:35:y:2001:i:4:p:547-560

Note: Received: May 1999/Accepted: March 2001
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Find related papers by JEL classification:
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
R13 - Urban, Rural, and Regional Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
R42 - Urban, Rural, and Regional Economics - - Transportation Systems - - - Government and Private Investment Analysis

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This page was last updated on 2009-11-21.


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