Policy seminar

Policy Seminar: "General equilibrium effects of transport infrastructure"

During a Policy Seminar on Thursday December 19th, Coen Teulings (UvA, Cambridge) will give a presentation "General equilibrium effects of transport infrastructure".

December 19, 2013
CPB-office, Van Stolkweg 14, The Hague

Time: 13.00-14.30 hours
Location: CPB-office, Van Stolkweg 14, The Hague

Presentation: Coen Teulings (UvA, Cambridge)

Discussant: Jan Rouwendal (VU)

Language: Dutch

Registration:  Please register by sending an email to polinars@cpb.nl.

Abstract subject:
Measures of the benefits of transport infrastructure investments are critical inputs into the policy making process. We suggest a methodology that allows to value various effects of transport investments via land prices. For this purpose we build a spatial general equilibrium model that explicitly models transport infrastructure as a network connecting different economic locations with various transportation modes. The model allows to disentangle and calculate the relative importance of various economic effects induced by transport infrastructure, including the effects on: travel times, modal split, thickening of labor markets, firms’ productivity, spatial distribution of economic activities. We estimate the parameters of the model from Dutch data and apply the model to evaluate the benefits of a number of infrastructural projects.

Policy seminars
CPB organises policy seminars for policy makers, researchers and other stakeholders. These policy seminars focus on policy implications. Policy seminars are held on Thursday from 1.00 pm. to 2.00 pm. Read here how to subscribe (or unsubscribe) to our alert service (CPB Calendar).

CPB also organises seminars for researchers. During these seminars, always held on Tuesday from 1.00 pm. to 2.00 pm., academic papers are presented and discussed. Read here how to subscribe (or unsubscribe) to our alert service (CPB Calendar).