Alternative methods for quantifying commuting-related benefits of new transport infrastructure
A variety of methods have been developed which allow the estimation of benefits likely to arise from new transport infrastructure. In this paper, we concentrate on measuring commuting-related benefits. We compare and contrast two different approaches. The first relies on using data on commuting flows and the gravity model. The second approach uses the relationship between labour market accessibility and house prices. We use both methods to quantify these benefits, and discuss some of the potential reasons why they may give different estimates. We take as our case study a large infrastructure project in south-west Norway.
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.:
- Maindonald, John, 2006. "Generalized Additive Models: An Introduction with R," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 16(b03).
- Nicolas Gravel & Alessandra Michelangeli & Alain Trannoy, 2006. "Measuring the social value of local public goods: an empirical analysis within Paris metropolitan area," Applied Economics, Taylor & Francis Journals, vol. 38(16), pages 1945-1961.
- Ivar Ekeland & James J. Heckman & Lars Nesheim, 2002.
"Identifying Hedonic Models,"
American Economic Review,
American Economic Association, vol. 92(2), pages 304-309, May.
- Ivar Ekeland & James Heckman & Lars Nesheim, 2002. "Identifying hedonic models," CeMMAP working papers CWP06/02, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Nikolay Nenovsky & S. Statev, 2006. "Introduction," Post-Print halshs-00260898, HAL.
- Kuminoff, Nicolai V. & Parmeter, Christopher F. & Pope, Jaren C., 2010. "Which hedonic models can we trust to recover the marginal willingness to pay for environmental amenities?," Journal of Environmental Economics and Management, Elsevier, vol. 60(3), pages 145-160, November.
- Bourassa, Steven C. & Hoesli, Martin & Peng, Vincent S., 2003. "Do housing submarkets really matter?," Journal of Housing Economics, Elsevier, vol. 12(1), pages 12-28, March.
When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa11p1223. 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: (Gunther Maier)
If references are entirely missing, you can add them using this form.