Regional valuation of infrastructure and transport attributes for Swedish road freight

• 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.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Economics (hsv//eng)

Nyckelord

valuation of freight

cost benefit analysis

region

Sweden

Economics

Nationalekonomi

nationalekonomi

Economics

Publikations- och innehållstyp

ref (ämneskategori)

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