Transit investment and economic development

Vickerman, R.W. (2008) Transit investment and economic development. Research in Transportation Economics, 23 (1). pp. 107-115. ISSN 0739-8859. (The full text of this publication is not available from this repository)

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Official URL
http://dx.doi.org/10.1016/j.retrec.2008.10.007

Abstract

This paper describes the development of approaches to analysing the links between investment in transit and economic development. It indicates the need to bring together disparate approaches from urban economics and transportation economics to get a full understanding and uses recent results on agglomeration economies to present a more rigorous model of the wider economic benefits of transit investment. Although the evidence increasingly points towards identifiable benefits over and above those captured in conventional transport cost-benefit analysis, the chapter counsels against the assumption of simple rules.

Item Type: Article
Uncontrolled keywords: Investment; Urban land rents; Economic development; Wider economic benefits
Subjects: H Social Sciences > HE Transportation and Communications
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Roger Vickerman
Date Deposited: 30 Mar 2012 11:12
Last Modified: 03 Apr 2012 11:45
Resource URI: http://kar.kent.ac.uk/id/eprint/29239 (The current URI for this page, for reference purposes)
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