The wider economic benefits of transportation

Abstract

The overarching theme of this dissertation is how public transportation impacts the local economy and the wellbeing of society. I concentrate on the wider economic benefits of transportation to provide precise and causal evidence on how large-scale metro projects impact firm location, employment, productivity and women's feeling of safety. I use spatially disaggregate panel microdata to understand the local impact of metro openings. Developing robust identificationThe copyright of this thesis rests with the author. Unless otherwise indicated, its contents are licensed under a Creative Commons Attribution-Non Commercial 4.0 International Licence (CC BY-NC).Under this licence, you may copy and redistribute the material in any medium or format. You may also create and distribute modified versions of the work. This is on the condition that: you credit the author and do not use it, or any derivative works, for a commercial purpose.When reusing or sharing this work, ensure you make the licence terms clear to others by naming the licence and linking to the licence text. Where a work has been adapted, you should indicate that the work has been changed and describe those changes.

New Methods, Reflections and Application Domains in Transport Appraisal

“…Most of the focus of the literature has been on detailed examination of elements of an appraisal toolkit, such as measurement of the value of time and wider economic benefits (Pogonyi, 2020), transport modelling (Van Nes and de Jong, 2020) and on different appraisal methodologies such as Cost-Benefit Analysis (Koopmans and Mouter) and Multi-Criteria Analisis . There are important research priorities for appraisal in all such areas and the literature has highlighted some relevant examples.…”

Standard Transport Appraisal Methods

“…However, in many occasions policy makers receive a disappointing message from analysts who explain to them that the additional economic benefits are not as high as they anticipated because a large part is already captured in the direct user benefits. Of course, the wider economic benefits that are additional to direct user benefits should be incorporated in the appraisal of transport projects, and in Chapter 5 Csaba Pogonyi (2020) reviews the literature about the wider economic benefits of transportation. His chapter particularly focuses on agglomeration benefits and provides a theoretical discussion of how several agglomeration benefits (e.g.…”

“…learning, sharing and matching) might materialize. Moreover, Pogonyi (2020) reviews a range of studies that aim to provide causal estimates for the impact of transport projects on wider economic benefits. Furthermore, this chapter shows how findings from the literature on wider economic benefits are used in transport project appraisal.…”

“…Furthermore, this chapter shows how findings from the literature on wider economic benefits are used in transport project appraisal. In addition, Pogonyi (2020) highlights some possible directions for further research such as the agglomeration losses of transport investments (e.g. displacement of economic activity and sprawl) and the impact of the availability of highly disaggregate microdata that provides opportunities to apply advanced quasi-experimental methodologies.…”

“…So-called land use and transport interaction (LUTI) models aim to iteratively predict land use changes resulting from transport infrastructure development, and the subsequent effects of these land use changes on travel. However, there is great uncertainty in these forecasts (Pogonyi, 2020). Moreover, the models presuppose that land use responds to the attractiveness for development that new infrastructure offers to surrounding areas, regardless of any land use regulations to prevent a merely market--based development.…”