Integral Cost-Benefit Analysis of Maglev Rail Projects Under Market Imperfections

J.Paul Elhorst and Jan Oosterhaven

The Journal of Transport and Land Use, 2008, vol. 1, issue 1, 65-87

Abstract: This article evaluates a new mode of high speed ground transportation, the magnetic levitation rail system (Maglev). The outcomes of this evaluation provide policy information on the interregional redistribution of employment and population and the national welfare improvement of two Dutch urban-conglomeration and two Dutch core-periphery projects. This article also compares the results of an integral cost- benefit analysis with those of a conventional cost-benefit analysis and concludes that the additional economic benefits due to market imperfections vary from –1% to +38% of the direct transport benefits, depending on the type of regions connected and the general condition of the economy.

Keywords: Magnetic levitation; cost-benefit analysis; market imperfections; The Netherlands (search for similar items in EconPapers)
JEL-codes: R40 (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
http://www.jtlu.org/index.php/jtlu/article/view/12/19 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:jtralu:0006

Access Statistics for this article

The Journal of Transport and Land Use is currently edited by David M. Levinson

More articles in The Journal of Transport and Land Use from Center for Transportation Studies, University of Minnesota Contact information at EDIRC.
Bibliographic data for series maintained by Arlene Mathison ().