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Unreliable travel times cause substantial costs to travelers. Nevertheless, they are not taken into account in many cost-benefit-analyses (CBA), or only in very rough ways. This paper aims at providing simple rules on how variability can be predicted, based on travel time data from Dutch...
Persistent link: https://www.econbiz.de/10013140061
While much of the developed world struggles with debt and chronically low growth, Canada, one of the best-performing members of the G-7, remains on firmer footing. However, this country still has to cope with slower growth, cutbacks and aging infrastructure. As this paper argues, reconciling...
Persistent link: https://www.econbiz.de/10013104811
Many cities around the world have introduced paid parking but implicitly subsidize parking for example by providing residential parking permits for street parking. We study the welfare effects of residential parking subsidies through changes in car ownership for Amsterdam. We employ a...
Persistent link: https://www.econbiz.de/10013015953
Asia, particularly its major economies has witnessed slower growth in recent years. To make Asia more economically sustainable and resilient against external shocks to recover from the falling growth, most regional economies need to rebalance their export-oriented (mostly to advanced economies)...
Persistent link: https://www.econbiz.de/10012956801
Rideshare companies Uber and Lyft are facing predictable complaints as they continue to grow. Many of these complaints concern safety, with some in the taxi industry claiming that ridesharing is less safe than taking a traditional taxicab. Ridesharing safety worries relate to the well-being of...
Persistent link: https://www.econbiz.de/10012903775
Although spending on infrastructure does not, in itself, stimulate the economy, infrastructure investments can contribute to economic growth, since infrastructure is part of the economy's capital stock. Investments in infrastructure can also benefit the economy by alleviating the problems that...
Persistent link: https://www.econbiz.de/10012910435
Asia, particularly its major economies has witnessed slower growth in recent years. To make Asia more economically sustainable and resilient against external shocks to recover from the falling growth, most regional economies need to rebalance their export-oriented (mostly to advanced economies)...
Persistent link: https://www.econbiz.de/10012871890
This paper develops a practical approach to estimate the benefits of improved reliability of road networks. We present a general methodology to estimate the (changes in) scheduling costs due to (changes in) travel time variability for car travel. We focus on situations where only mean delays are...
Persistent link: https://www.econbiz.de/10013046500
Officials from 8 of the 15 states that responded to our survey consider the expedited completion of projects to be the most important benefit of State Infrastructure Banks over the next 5 years. By drawing on diverse sources for funds, more capital can be amassed, thus enabling a project to get...
Persistent link: https://www.econbiz.de/10013292164
Transport is the life of a city and choices on public transit options are fundamental decisions about a city's future growth and development. An efficient transportation system increases accessibility and improves quality of life. In terms of maintaining a transit-friendly city form and ensuring...
Persistent link: https://www.econbiz.de/10012746601