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<section name="raw"> <SEQUENTIAL> <record key="001" att1="001" value="178187" att2="178187">001 178187</record> <field key="037" subkey="x">englisch</field> <field key="050" subkey="x">Forschungsbericht</field> <field key="076" subkey="">Ökonomie</field> <field key="079" subkey="y">http://www.ihs.ac.at/publications/eco/es-242.pdf</field> <field key="079" subkey="z">Polasek, Wolfgang - et al., Aggregate and Regional Economic Effecta of New Railway Infrastructure (pdf)</field> <field key="079" subkey="y">http://ideas.repec.org/p/ihs/ihsesp/242.html</field> <field key="079" subkey="z">Institute for Advanced Studies. Economics Series; 242 (RePEc)</field> <field key="100" subkey="">Polasek, Wolfgang</field> <field key="103" subkey="">Department of Economics and Finance, Institute for Advanced Studies, Vienna, Austria</field> <field key="104" subkey="a">Schwarzbauer, Wolfgang</field> <field key="107" subkey="">Department of Economics and Finance, Institute for Advanced Studies, Vienna, Austria</field> <field key="108" subkey="a">Sellner, Richard</field> <field key="111" subkey="">Department of Economics and Finance, Institute for Advanced Studies, Vienna, Austria</field> <field key="331" subkey="">Aggregate and Regional Economic Effects of New Railway Infrastructure</field> <field key="403" subkey="">1. Ed.</field> <field key="410" subkey="">Wien</field> <field key="412" subkey="">Institut für Höhere Studien</field> <field key="425" subkey="">2009, June</field> <field key="433" subkey="">19 pp.</field> <field key="451" subkey="">Institut für Höhere Studien; Reihe Ökonomie; 242</field> <field key="451" subkey="h">Kunst, Robert M. (Ed.) ; Fisher, Walter (Assoc. Ed.) ; Ritzberger, Klaus (Assoc. Ed.)</field> <field key="461" subkey="">Economics Series</field> <field key="517" subkey="c">from the Table of Contents: Introduction; The model; Estimation results; Simulation; Summary; References;</field> <field key="542" subkey="">1605-7996</field> <field key="544" subkey="">IHSES 242</field> <field key="700" subkey="">C31</field> <field key="700" subkey="">H43</field> <field key="700" subkey="">H54</field> <field key="700" subkey="">R11</field> <field key="700" subkey="">R12</field> <field key="720" subkey="">Regional growth convergence</field> <field key="720" subkey="">Traffic accessibility</field> <field key="720" subkey="">Infrastructure evaluation</field> <field key="720" subkey="">Spatial econometrics</field> <field key="753" subkey="">Abstract: Economists expect positive returns to investments in infrastructure. However a project with higher national returns</field> <field key="mig" subkey="h">t have less favourable effects on a regional level than the alternative. Therefore new infrastructure should also be assessed</field> <field key="on" subkey="a">regional level, but econom(etr)ic evaluation models are scarce, especially in regional science. This paper proposes new</field> <field key="app" subkey="r">oaches to evaluate infrastructure by a dynamic spatial econometric model that allows long-term predictions. We investigate</field> <field key="the" subkey="">regional effects for two Austrian railway projects and show that infrastructure returns are positive on an aggregate and at a</field> <field key="reg" subkey="i">onal level but spatial variation can be large.;</field> </SEQUENTIAL> </section> Servertime: 0.203 sec | Clienttime:
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