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来源类型Working Paper
规范类型报告
DOI10.3386/w15989
来源IDWorking Paper 15989
Valuing Incremental Highway Capacity in a Network
H. Allen Klaiber; V. Kerry Smith
发表日期2010-05-13
出版年2010
语种英语
摘要The importance of increments to an existing highway system depends upon their contributions to the accessibility provided by the existing network. Nearly 40 years ago, Mohring [1965] suggested this logic for planning optimal highway investment programs. He argued it could be implemented by measuring the quasi-rents generated by specific additions to an existing roadway system. This paper uses a unique set of additions to a loop roadway in metropolitan Phoenix, together with detailed records of housing sales over the past decade, to meet this need. We find that estimated increases in capitalized housing values due to four segments added during this period range from 73 to over 273 million dollars per mile of the roadway addition.
主题Public Economics ; Public Goods ; Regional and Urban Economics ; Regional Economics
URLhttps://www.nber.org/papers/w15989
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/573663
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GB/T 7714
H. Allen Klaiber,V. Kerry Smith. Valuing Incremental Highway Capacity in a Network. 2010.
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