Advanced Search
MyIDEAS: Login to save this paper or follow this series

Pitfalls in estimating “wider economic benefits” of transportation projects

Contents:

Author Info

  • Yoshitsugu Kanemoto

    (National Graduate Institute for Policy Studies)

Abstract

The Department for Transport in the United Kingdom has been a pioneer in including indirect benefits in the cost–benefit analysis of a transport project. They identify three types of wider impacts, i.e., (1) agglomeration, (2) increased or decreased output in imperfectly competitive markets, and (3) labor market impacts, and provide detailed guidelines on how to estimate them. Extending a differentiated product model that provides the microfoundations of urban agglomeration economies to include all three types of the wider impacts, this paper examines whether the British methodology of estimating the wider benefits can be justified theoretically.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.grips.ac.jp/r-center/wp-content/uploads/13-20.pdf
Download Restriction: no

Bibliographic Info

Paper provided by National Graduate Institute for Policy Studies in its series GRIPS Discussion Papers with number 13-20.

as in new window
Length: 30 pages
Date of creation: Oct 2013
Date of revision:
Handle: RePEc:ngi:dpaper:13-20

Contact details of provider:
Postal: 7-22-1 Roppongi, Minato-ku, Tokyo, Japan 106-8677
Phone: +81-(0)3-6439-6000
Fax: +81-(0)3-6439-6010
Web page: http://www.grips.ac.jp/r-center/en/discussion_papers/
More information through EDIRC

Related research

Keywords:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Richard Arnott, 2007. "Congestion Tolling with Agglomeration Externalities," Boston College Working Papers in Economics, Boston College Department of Economics 660, Boston College Department of Economics.
  2. De Locker, Jan & Warzynski, Frederic, 2009. "Markups and Firm-Level Export Status," Working Papers, University of Aarhus, Aarhus School of Business, Department of Economics 09-4, University of Aarhus, Aarhus School of Business, Department of Economics.
  3. Melo, Patricia C. & Graham, Daniel J. & Noland, Robert B., 2009. "A meta-analysis of estimates of urban agglomeration economies," Regional Science and Urban Economics, Elsevier, Elsevier, vol. 39(3), pages 332-342, May.
  4. Kristian Behrens & Yoshitsugu Kanemoto & Yasusada Murata, 2014. "The Henry George Theorem in a second-best world," GRIPS Discussion Papers, National Graduate Institute for Policy Studies 14-11, National Graduate Institute for Policy Studies.
  5. Yoshitsugu Kanemoto & Koichi Mera, 1984. "General Equilibrium Analysis of the Benefits of Large Transportation Improvements," Working Papers, Queen's University, Department of Economics 567, Queen's University, Department of Economics.
  6. Diego Puga, 2009. "The magnitude and causes of agglomeration economies," Working Papers, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales 2009-09, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
  7. Kanemoto, Yoshitsugu, 2013. "Evaluating benefits of transportation in models of new economic geography," Economics of Transportation, Elsevier, Elsevier, vol. 2(2), pages 53-62.
  8. Anthony J. Venables, 2004. "Evaluating Urban Transport Improvements: Cost Benefit Analysis in the Presence of Agglomeration and Income Taxation," CEP Discussion Papers dp0651, Centre for Economic Performance, LSE.
  9. Appelbaum, Elie, 1982. "The estimation of the degree of oligopoly power," Journal of Econometrics, Elsevier, Elsevier, vol. 19(2-3), pages 287-299, August.
  10. Kanemoto, Yoshitsugu, 2013. "Second-best cost–benefit analysis in monopolistic competition models of urban agglomeration," Journal of Urban Economics, Elsevier, vol. 76(C), pages 83-92.
  11. Vickerman, Roger, 2008. "Transit investment and economic development," Research in Transportation Economics, Elsevier, Elsevier, vol. 23(1), pages 107-115, January.
  12. Bresnahan, Timothy F., 1982. "The oligopoly solution concept is identified," Economics Letters, Elsevier, Elsevier, vol. 10(1-2), pages 87-92.
  13. Combes, Pierre-Philippe & Duranton, Gilles & Gobillon, Laurent, 2004. "Spatial Wage Disparities: Sorting Matters!," CEPR Discussion Papers, C.E.P.R. Discussion Papers 4240, C.E.P.R. Discussion Papers.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Kristian Behrens & Yoshitsugu Kanemoto & Yasusada Murata, 2014. "The Henry George Theorem in a second-best world," GRIPS Discussion Papers, National Graduate Institute for Policy Studies 14-11, National Graduate Institute for Policy Studies.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ngi:dpaper:13-20. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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