A random utility based multiregional input-output approach to estimate the impact of a new highway on the regional distribution of jobs

Guzmán Valderrama, Andrés Felipe and Vassallo Magro, José Manuel (2013). A random utility based multiregional input-output approach to estimate the impact of a new highway on the regional distribution of jobs. In: "13th World Conference on Transport Research (WCTR 2013)", 15/07/2013 - 18/07/2013, Rio de Janeiro, Brasil. p. 1.

Description

Title: A random utility based multiregional input-output approach to estimate the impact of a new highway on the regional distribution of jobs
Author/s:
  • Guzmán Valderrama, Andrés Felipe
  • Vassallo Magro, José Manuel
Item Type: Presentation at Congress or Conference (Article)
Event Title: 13th World Conference on Transport Research (WCTR 2013)
Event Dates: 15/07/2013 - 18/07/2013
Event Location: Rio de Janeiro, Brasil
Title of Book: A random utility based multiregional input-output approach to estimate the impact of a new highway on the regional distribution of jobs
Date: 2013
Subjects:
Freetext Keywords: Economic Impact Assessment, New Road Assessment, Multiregional Input-Output Models, Integrated Economic Transport Model
Faculty: Centro de Investigación del Transporte (TRANSyT) (UPM)
Department: Otro
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

This paper addresses the economic impact assessment of the construction of a new road on the regional distribution of jobs. The paper summarizes different existing model approaches considered to assess economic impacts through a literature review. Afterwards, we present the development of a comprehensive approach for analyzing the interaction of new transport infrastructure and the economic impact through an integrated model. This model has been applied to the construction of the motorway A-40 in Spain (497 Km.) which runs across three regions without passing though Madrid City. This may in turn lead to the relocation of labor and capital due to the improvement of accessibility of markets or inputs. The result suggests the existence of direct and indirect effects in other regions derived from the improvement of the transportation infrastructure, and confirms the relevance of road freight transport in some regions. We found that the changes in regional employment are substantial for some regions (increasing or decreasing jobs), but a t the same time negligible in other regions. As a result,the approach provides broad guidance to national governments and other transport-related parties about the impacts of this transport policy.

More information

Item ID: 26754
DC Identifier: http://oa.upm.es/26754/
OAI Identifier: oai:oa.upm.es:26754
Deposited by: Memoria Investigacion
Deposited on: 06 May 2015 16:34
Last Modified: 06 May 2015 16:34
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