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 0967-070XFull text available as:
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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.
|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|
|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:||08 Feb 2013 17:03|
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