Calthrop, Edward; Borger, Bruno De; Proost, Stef - Centrum voor Economische Studiën, Faculteit Economie … - 2008
This paper deals with costs-benefit analysis of investment in transport infrastructure. Its contribution is twofold. Firstly, we develop a general equilibrium model to explore the impact of a small budgetary-neutral investment in transport infrastructure in a second-best setting, where other...