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articles: Benefits and costs of transport Classification, methodologies and policies

Author

Listed:
  • T.R. Lakshmanan

    () (Executive Director, Center for Energy and Environmental Studies, Boston University, 675 Commonwealth Avenue, Boston, MA 02215)

  • P. Nijkamp

    () (Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands)

  • E.T. Verhoef

    () (Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands)

  • P. Rietveld

    () (Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands)

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 co sts, and efficiency aspects and equity considerations in policy making.

Suggested Citation

  • T.R. Lakshmanan & P. Nijkamp & E.T. Verhoef & P. Rietveld, 2001. "articles: Benefits and costs of transport Classification, methodologies and policies," Papers in Regional Science, Springer;Regional Science Association International, vol. 80(2), pages 139-164.
  • Handle: RePEc:spr:presci:v:80:y:2001:i:2:p:139-164
    Note: Received: 25 September 1997
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    Citations

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    Cited by:

    1. Karlström, Anders & Franklin, Joel P., 2009. "Behavioral adjustments and equity effects of congestion pricing: Analysis of morning commutes during the Stockholm Trial," Transportation Research Part A: Policy and Practice, Elsevier, vol. 43(3), pages 283-296, March.
    2. Di Cataldo, Marco & Rodríguez-Pose, Andrés, 2016. "What drives employment growth and social inclusion in EU regions," LSE Research Online Documents on Economics 68510, London School of Economics and Political Science, LSE Library.
    3. Torben Holvad & John Preston, 2005. "Road Transport Investment Projects and Additional Economic Benefits," ERSA conference papers ersa05p522, European Regional Science Association.
    4. Jiwattanakulpaisarn, Piyapong & Noland, Robert B. & Graham, Daniel J., 2010. "Causal linkages between highways and sector-level employment," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(4), pages 265-280, May.

    More about this item

    Keywords

    Transport; benefits; costs; evaluation;

    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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