This paper presents an approach to measuring the values of time cost for freight transportation, and examines its applicability through empirical analysis. We develop the method based on the hedonic approach by explicitly formulating how transport time is determined as market outcome. In the...

This paper explores patterns of governance and public finance in development through dissecting the substantiation of transportation infrastructure. We propose three propositions: modern society has increasing demands for government in promoting socio-economic progress; infrastructure is the...