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Regional valuation of infrastructure improvements. The case of Swedish road freight

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Author Info
Bergkvist, Erik () (Department of Economics, Umeå University)
Westin, Lars () (Department of Economics, Umeå University)

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Abstract

Is it possible to identify regional differences among shippers in their valuation of infrastructure improvements? The question is analysed within a random utility approach where parameters are estimated by a logit model. Data consists of a Swedish stated preference study from 1992. The results indicate that regional differences may exist but a considerable heterogeneity in the empirical material prohibit robust results in some cases. However, regional differences seem to exist when industrial mix, shipping distance and goods values are held constant. Independent of the limitations, the results should render implications to 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 under mid- and long- term.

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Publisher Info
Paper provided by Umeå University, Department of Economics in its series Umeå Economic Studies with number 463.

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Length: 15 pages
Date of creation: 12 May 1998
Date of revision:
Handle: RePEc:hhs:umnees:0463

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Postal: Department of Economics, Umeå University, S-901 87 Umeå, Sweden
Phone: 090 - 786 61 42
Fax: 090 - 77 23 02
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Web page: http://www.econ.umu.se/
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Related research
Keywords: Regional preferences; road transportation; freight demand; stated preference analysis; random utility models; logit model;

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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