New economic geography focuses on the impact of falling transport costs on the spatial distribution of activities. However, it disregards the role of technological innovations, which are central to modern economic growth, as well as the role of migration costs, which are a strong impediment to...

One of the key issues in economics is the explanation of unemployment and its variation across different economies. Doing so, modern mainstream macroeconomics refers to the effects of financial crises and to institutional structures and their variation across countries. However, unemployment...

We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ workers of different occupations and various forms of capital, none of which are perfect substitutes, and technology evolves at the sector-factor cell level. Using the model we...

Truck operations have recently become an important focus of academic research not only because road freight transport is a key part of logistics, but because trucks are usually associated with negative externalities including pollution, congestion and traffic accidents. While the negative...

The main purpose of this paper is to estimate and evaluate the social costs of highways in Japan. In general, with more people concerned about protecting the environment at both local and global levels, dependence on vehicular transportation in cities has brought about problems. Too much...

The provision of public transit is thought to reduce travel time losses that are due to car congestion. For this reason, it is economically justified to subsidise public transit from a welfare perspective as it creates a congestion-relief benefit. The main goal of this paper is to quantify the...

The challenges facing transportation planners have grown continuously over the years owing to mounting problems of congestion, concerns with environmental degradation and global warming, enhanced awareness of safety, and the increasing complexity of travel behaviour patterns associated with...

Urban transportation systems are at the cusp of a major transformation that capitalizes on the proliferation of the Internet-of-Things (IoT), autonomous and cooperative vehicular and intelligent roadway technologies, advanced traffic management systems, and big data analytics. The benefits of...

The goal of this paper is the estimation of the effect of accidents on traffic congestion and vice versa. In order to do this, I use "big data" of highway traffic and accidents in England for the period 2007-2013. The data exhibit some remarkably stable cyclical pattern of highway traffic which...