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Regional valuation of infrastructure and transport attributes for Swedish road freight

Author

Listed:
  • 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)

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.

Suggested Citation

  • Erik Bergkvist & Lars Westin, 2001. "Regional valuation of infrastructure and transport attributes for Swedish road freight," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 35(4), pages 547-560.
    • Handle: RePEc:spr:anresc:v:35:y:2001:i:4:p:547-560
    Note: Received: May 1999/Accepted: March 2001
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    Citations

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    Cited by:

    1. KONISHI Yoko & Se-il MUN & NISHIYAMA Yoshihiko & Ji Eun SUNG, 2014. "Measuring the Value of Time in Freight Transportation," Discussion papers 14004, Research Institute of Economy, Trade and Industry (RIETI).
    2. Se-il Mun & Yoko Konishi & Yoshihiko Nishiyama & Ji-eun Sung, 2014. "Measuring the value of transport time for inter-regional trade," ERSA conference papers ersa14p410, European Regional Science Association.

    More about this item

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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