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

Author

Listed:
  • Bergkvist, Erik

    (Department of Economics, Umeå University)

  • Westin, Lars

    (Department of Economics, Umeå University)

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.

Suggested Citation

  • Bergkvist, Erik & Westin, Lars, 1998. "Regional valuation of infrastructure improvements. The case of Swedish road freight," Umeå Economic Studies 463, Umeå University, Department of Economics.
    • Handle: RePEc:hhs:umnees:0463
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    Cited by:

    1. Erik Bergkvist & Per Johansson, 2000. "Weighted Derivative Estimation of Quantal Response Models: Simulations and Applications to Choice of Truck Freight Carrier," Computational Statistics, Springer, vol. 15(4), pages 485-510, December.

    More about this item

    Keywords

    Regional preferences; road transportation; freight demand; stated preference analysis; random utility models; logit model;
    All these keywords.

    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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