Modelling the Economy, Transport and Environment Triangle, with an Application to Dutch Maglev Projects
Jan Oosterhaven and
J.Paul Elhorst
Chapter 11 in Road Pricing, the Economy and the Environment, 2008, pp 207-227 from Springer
Abstract:
Abstract This chapter discusses modelling the ETE triangle from the perspective of the welfare consequences of local and regional policy measures. It argues that the interaction between the economy and the transport system needs to be modelled using sectors, household types, transport modes and spatial zones. For urban agglomerations, using a land-use/transportation interaction type of model should be weighed against using a spatial computable general equilibrium type of model. For interregional applications, a spatial equilibrium approach is superior because it enables the incorporation of economies of scale, substitution between inputs and heterogeneity of outputs. Furthermore, it is argued that — at the local and regional level — environmental externalities may be modelled without taking account of feedback effects on the economy and the transport systems. The modelling philosophy is applied to four Dutch magnetic levitation rail proposals showing that the location and trajectory of new transport infrastructures have an important impact on the size and mix of its direct transport effects, indirect economic effects and external environmental effects.
Keywords: Welfare Effect; LUTI Model; Rail Link; Monopolistic Competition; Global Environmental Impact (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (1)
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
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:spr:adspcp:978-3-540-77150-0_11
Ordering information: This item can be ordered from
http://www.springer.com/9783540771500
DOI: 10.1007/978-3-540-77150-0_11
Access Statistics for this chapter
More chapters in Advances in Spatial Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().