Economic Role of Transport Infrastructure

Economic Role of Transport Infrastructure: Theory and Models helps evaluate the economic effects of transport infrastructure investments within a cost-benefit framework for maximum economic impact. The book analyzes the primary empirical approaches used to gauge the economic effects of transport infrastructures, providing in-depth discussions on data issues, input-output techniques, and econometric methodologies. Users will find empirical evidence organized from a transport mode point-of-view, inspiring researchers to conduct comparative analysis for various infrastructure projects. Topics cover infrastructure's impact on economic growth using theoretical frameworks, including exogenous growth models, endogenous growth models, and new economic geography models. In addition, readers will also learn tips for conducting infrastructure impact studies and how to improve the effectiveness of infrastructural investments design. - Explains and evaluates the economic effects of transport infrastructure investments, including direct and indirect, short and long run impact, and local and spillover outcomes - Provides up-to-date coverage of quantitative techniques and empirical results for transportation and economic impact issues - Explains the steps for conducting impact studies for proposed infrastructure projects - Analyzes infrastructure's role on economic growth through theoretical, methodological and empirical perspectives - Features case studies describing real-world methods

Claudio Ferrari is Associate Professor of Applied Economics at the University of Genoa, Genoa, Italy, and member of the scientific board of the Italian Centre of Excellence for Integrated Logistics. He is also General Secretary of the Italian Society of Transport Economics and Logistics. His research focuses on transport economics, transport planning and regional economics, namely with regards to ports, and transport infrastructures. He has been published in top journals, including Elsevier's Transport Policy, Research in Transportation Business and Management, Research in Transportation Economics, and Transportation Research Part A: Policy and Practice.