Transport Investment and Economic Development

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Psychology Press, 2000 - Architecture - 370 pages
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A major concern of all decision makers has been to ensure that there are clear benefits from transport investment proposals. The travel time savings are clear, but the wider economic developments have presented enormous difficulty in terms of both theoretical arguments and empirical evidence. This book reviews the history of the debate and argues that the agenda has changed.
These issues are presented together with a major analytical investigation of macroeconomic models, evaluation in transport and microeconomic approaches. The final part of the book presents a series of case studies for road, rail and airport investment schemes, particularly focusing on the economic development aspects.
  

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Contents

List of figures
20
definitions approach
33
transport infrastructure investment and economic
41
Contemporary issues
57
The evolving economy
83
Social spatial and environmental effects
107
analytical approaches and modelling
127
The complementarity of approaches
128
A model of transport infrastructure development and local
211
production household and transportation sectors
224
Empirical case studies
237
The economic impacts of rail
257
metropolitan area
264
The economic impacts of airports
287
Interpretation of impacts and policy conclusions
317
References
335

Economic evaluation of transportation projects
161
1 Measurement of benefits
203

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About the author (2000)

David Banister is Professor of Transport Planning at University College London. He has produced twelve books on all aspects of transport policy and planning analysis.
Joseph Berechman is a Professor and Chairman of the Public Policy Department at Tel Aviv University, Israel. His major academic interests include Transportation Economics, Transportation and Land Use Systems Planning and Policy Analysis. He has published extensively in these fields and was a faculty member and visiting scholar in a number of American and European universities and research institutes. Presently he is also a Senior Research Associate at the University Transportation Research Center in New York.

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