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Benefits and costs of transport Classification, methodologies and policies

Author

Listed:
  • Lakshmanan, T.R.
  • Nijkamp, P.
  • Rietveld, P.
  • Verhoef, E.T.

Abstract

This article aims to bring together insights from a broad body of recent literature concerned with the nature, the measurement and policy implications of benefits and costs of transport. It is argued that, for various reasons, transport cannot be treated as an‘ordinary’economic sector, and the policy implications of a number of the sector's peculiarities are addressed. Explicit attention is given to spatial aspects and network elements, internal and external benefits and costs, and efficiency aspects and equity considerations in policy making.

Suggested Citation

Handle: RePEc:eee:paresc:v:80:y:2001:i:2:p:139-164
DOI: 10.1111/j.1435-5597.2001.tb01792.x
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File URL: http://www.sciencedirect.com/science/article/pii/S1056819023004840
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Keywords

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JEL classification:

  • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
  • H40 - Public Economics - - Publicly Provided Goods - - - General
  • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General

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