umu.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Tinbergen Revisited: Benefits from Infrastructure Investments in an Open Economy
Swedish Road and Transport Research Institute (VTI), Linköping.
Umeå University, Faculty of Social Sciences, Department of Economics.ORCID iD: 0000-0001-6121-377x
1997 (English)Report (Other academic)
Abstract [en]

In his seminal work, Tinbergen (1957) studied the impact of an infrastructure improvement on the transport cost of existing traffic and on the national product. In a numerical example it was shown that the national product could increase substantially beyond the value of the reduced cost of transportation on the improved link. This difference has been labelled the Tinbergen multiplier. Since the modelled economy was thought of as a first best case, the result has been used among those arguing that transport investments give rise to substantial spill over effects in the economy. However, the result is in contradiction with later results within multimarket welfare analysis under first best assumptions. In this paper we recalculate Tinbergen's model and show that the spectacular result is heavily dependent on the localisation of the transport sector. Hence, our results are of utter importance for today's models of infrastructure assessment.

Place, publisher, year, edition, pages
Umeå: Umeå universitet , 1997. , p. 16
Series
Umeå economic studies, ISSN 0348-1018 ; 431
Keywords [en]
Infrastructure investments, spatial cost-benefit analysis, multimarket welfare analysis, Tinbergen multiplier
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-155823OAI: oai:DiVA.org:umu-155823DiVA, id: diva2:1283289
Available from: 2019-01-28 Created: 2019-01-28 Last updated: 2019-02-01Bibliographically approved

Open Access in DiVA

Tinbergen UES(9682 kB)35 downloads
File information
File name FULLTEXT01.pdfFile size 9682 kBChecksum SHA-512
bfc23b5d128502a2f4e3d13df3b700f481bd807b16afb39ccb237746b3e753443c5c836670a1ba2deb30937cebcf2ff1652e63f89453f7d236cb7046fff3e822
Type fulltextMimetype application/pdf

Authority records BETA

Westin, Lars

Search in DiVA

By author/editor
Westin, Lars
By organisation
Department of Economics
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 35 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 19 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf