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Network effects and total economic impact in transport appraisal

Laird, J.J., Nellthorp, J. and Mackie, P.J. (2005) Network effects and total economic impact in transport appraisal. Transport Policy, 12 (6). pp. 537-544. ISSN 0967-070X

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Abstract

It is claimed that transport infrastructure projects have network effects which are not taken into account in the appraisal of these projects. This paper reviews the concept of network effects, relates this to transport appraisal practice, and links to the concept of ‘total economic impact’. The limitations of transport modelling and appraisal in estimating total economic impact are reviewed. Good quality appraisals should be capable of picking up relevant network effects in the transport market, but the state of the art remains limited on the linkages between transport and the wider economy.

Item Type: Article
Copyright, Publisher and Additional Information: Copyright © 2005 Elsevier Ltd. Uploaded in accordance with the self-archiving policy of the copyright holder. This is an author produced version of a paper subsequently published in 'Transport Policy'.
Keywords: Network effects, total economic impact, infrastructure assessment
Institution: The University of Leeds
Academic Units: The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds)
Depositing User: Adrian May
Date Deposited: 28 Feb 2007
Last Modified: 23 Jul 2014 18:14
Published Version: http://dx.doi.org/10.1016/j.tranpol.2005.07.003
Status: Published
Publisher: Elsevier Science
Refereed: Yes
Identification Number: 10.1016/j.tranpol.2005.07.003
Related URLs:
URI: http://eprints.whiterose.ac.uk/id/eprint/2020

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