Improvements in Transport Infrastructure are designed to Increase Travel Speed: Comments on ‘The Myth of Travel Time Saving’

Ironmonger, Duncan; Norman, P.

doi:10.1080/01441640802535987

Cited by 5 publications

(4 citation statements)

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“…Second, improvement in logistics infrastructure provides spatial accessibility, as it speeds up the travel, reduces travel time, and saves fuel costs for both passengers and freight [17,18]. The time savings yield economic gains in terms of fast access to distant markets and inputs both work to stimulate local production [19]. Easy transportation means would also help in lowering the firms' inventories [20].…”

Section: Theoretical Frameworkmentioning

confidence: 99%

China–Pakistan Economic Corridor, Logistics Developments and Economic Growth in Pakistan

2021

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The study aims to analyze the impact of China–Pakistan Economic Corridor (CPEC) logistics-related developments on economic growth in Pakistan. The study defined a Cobb–Douglas type of research framework in which the country’s real income level relates to four factor inputs, e.g., employed labor force, logistics development, financial development, and energy consumption in an economy. The study utilized the time series data set for the period 1972–2018. To estimate the long run relationship and short run adjustment mechanism, the study used Johansen’s method of co-integration and error correction model. Estimated results showed that the country’s logistics developments have a significant positive impact on economic growth in both the long run and the short run. It implies that China–Pakistan collaborative efforts for logistics developments will have a strong positive impact on economic growth in Pakistan.

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Section: Theoretical Frameworkmentioning

confidence: 99%

China–Pakistan Economic Corridor, Logistics Developments and Economic Growth in Pakistan

2021

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“…It still seems that few studies have empirically analyzed the impact of the supply of transportation infrastructure on individual travel behavior in general (e.g., covering all origin/destination pairs and modes of transportation). This is also true in the case of individual TTEs, although many studies have found that improvements to transportation infrastructure have reduced TTEs of the trips between specific places, for example, in the form of ex-post evaluations ( 3 , 15 ). A caveat is that measures of service levels in transportation networks, which are typically defined for a relatively small area (e.g., a neighborhood), do provide evidence of their impacts on individual travel behavior (e.g., 16, 17 ).…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of Major Road Supply on Individual Travel Time Expenditure: An Exploration with a 30-Year Variation of Infrastructure and Travel

Abe

Axhausen

2018

Transportation Research Record

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This study estimates the impact of major road supply on individual travel time expenditures (TTEs) using data that cover 30-year variations in transportation infrastructure and travel behavior. The impacts of the supply of road and rail infrastructure are estimated with a data set that combines records of large-scale household travel surveys in the Tokyo metropolitan area conducted in 1978, 1988, 1998, and 2008. Linear and Tobit models of individual TTEs are estimated by following the behavior of birth cohorts over the 30-year period. The models incorporate the changes in transportation infrastructure, measured as lane kilometers of two levels of major road stock and vehicle kilometers of urban rail service. The results show significant negative effects of lane kilometers for higher-level and lower-level major roads on the TTEs for all travel purposes and for commuting, after controlling for socioeconomic backgrounds and generations of individuals. This study discusses that, in Tokyo, the estimated effect is more likely to reflect the effect of a major road network per se on individual TTEs than the (indirect) effect of major road supply on individual TTEs working through land development activities (i.e., induced car travel demand). For example, the caveat is that actual road investment decisions still need to consider the induced component of road traffic in addition to the (direct) effect that is estimated in this study.

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Section: Issues Raised By Kauppila and Thompson ()mentioning

confidence: 99%

“…Do the estimate travel time savings of various transport projects really enable society to enjoy more leisure or work and study longer or do they allow an increase in speed which enables cities to expand? Ironmonger and Norman (2008) argued that speed increased to enable the size of cities to grow while travel time remained at almost a reasonable level. (Ironmonger, 2008) Should own account transportation output be valued as the product of a quantity measure of output and the market price for a similar service (including profit margin) or valued on sum of the input costs?…”

Section: Computable General Equilibrium Modelsmentioning

confidence: 99%

Transport Satellite Accounts are essential to boost Productivity and to improve Public Understanding

Norman

McGeehan

Mak³

et al. 2013

J of App Econs and Policy

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The development of a set of Transport Satellite Accounts is long overdue. The imperative need is to be able to assess the size and contribution of the transport sector and to track improvements in productivity arising from operational efficiency, optimal pricing and from investment in transport infrastructure. This would allow international comparisons against best practice to follow. The quality of public and private decisions would improve. Their availability would enable professional economists to add significantly more value.

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Improvements in Transport Infrastructure are designed to Increase Travel Speed: Comments on ‘The Myth of Travel Time Saving’

Cited by 5 publications

References 0 publications

China–Pakistan Economic Corridor, Logistics Developments and Economic Growth in Pakistan

China–Pakistan Economic Corridor, Logistics Developments and Economic Growth in Pakistan

Impact of Major Road Supply on Individual Travel Time Expenditure: An Exploration with a 30-Year Variation of Infrastructure and Travel

Transport Satellite Accounts are essential to boost Productivity and to improve Public Understanding

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