In this paper we describe the EAR (regional economic accessibility) model to investigate the impact of the improvement of railroad infrastructure on regional GDP, population and firms growth in 99 Austrian regions. We evaluate the impact of four potential railroad infrastructure investment...

Der europäische Binnenmarkt sowie die politischen und wirtschaftlichen Umwälzungen in Osteuropa und der ehemaligen Sowjetunion werden in den kommenden Jahren voraussichtlich einen entscheidenden Einfluß auf den Güter- und Personenverkehr in Europa haben. Das wiedervereinigte Deutschland ist...

Vieles spricht gegenwärtig dafür, dass der Transrapid in Deutschland auf Kurzstrecken gebaut werden dürfte, obwohl konkurrierende Verkehrsinfrastrukturprojekte einen sehr viel höheren volkswirtschaftlichen Nutzen aufweisen. Warum hat der Metrorapid gute Realisierungschancen? Wie kommt es,...

Seit 1994 hat der Gesetzgeber die Möglichkeit geschaffen, Fernstraßen privat zu errichten und gegen eine Mautgebühr zu betreiben. Die bisherigen Erfahrungen sind ernüchternd. Warum ist Betreibermodellen bislang der Durchbruch nicht gelungen? Welche Hemmnisse lassen sich für ein...

This discussion paper deals with the reconstruction of transportation and telecommunication infrastructures in Eastern Germany and especially Saxony after the 1990 unification. Following a representation of investment measures and their influence on capital stocks in transportation...

This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are straightforward, several complications are identified that may...

This paper analyses the effect of railway investment on land prices and land use in a polycentric city under various regulatory regimes of land markets. The introduction of a faster mode of transport (train), accessible in discrete locations leads to an extended city size. The stations of the...

Lack of adequate infrastructure is a significant inhibitor to increased trade of the countries of the Mediterranean region. Bringing their transport infrastructure to standards comparable with countries of a similar per capita GDP will be costly but worthwhile. We compare the current quantities...

It is widely held that large institutional investors such as pension funds and sovereign wealth funds with long term liabilities and a low risk appetite are ideally suited to invest in transportation infrastructure assets. Despite the theoretical ideal match between a large source of capital and...