Regional valuation of infrastructure and transport attributes for Swedish road freight

Erik Bergkvist () and Lars Westin
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Erik Bergkvist: Department of Economics and CERUM, Umeå University, SE-901 87 Umeå, Sweden

The Annals of Regional Science, 2001, vol. 35, issue 4, 547-560

Abstract: Is it possible to identify regional differences among shippers in their valuation of infrastructure improvements? In this study, the question is analysed using a random utility approach, where parameters are estimated by a logit model. Data consist of a Swedish stated-preference study from 1992. The results indicate that regional differences exist, but that a considerable heterogeneity in the empirical data means that in some cases the results are not robust. However, when industrial mix, shipping distance, and goods values are held constant, the analysis still indicates the existence of regional differences. Independently of the limitations in the results, the study has implications for any infrastructure benefit analysis where parameters from spatial averages are used. The results are based on short-term decisions, and one should recognise that parameters may vary in the mid- and long-term.

JEL-codes: C51 R13 R42 (search for similar items in EconPapers)
Date: 2002-02-22
Note: Received: May 1999/Accepted: March 2001
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