With the UN Climate Change Conference in Copenhagen this month, and ever-increasing concern about the impact of human activity, it is important to have a comprehensive framework in which to assess the impact. This article suggests one such framework by considering the economic, social and environmental impacts of long-distance transport.
Related
6 minute read
Will the end of a golden age for UK transport infrastructure be a catalyst for a green era?
Arguably, the UK has gone through a golden age of transport infrastructure planning and delivery in recent years. Since the turn of the millennium, transport capital budgets have grown and grown, with the £96bn integrated rail plan for upgrades in the Midlands and the North, £27.4bn announced for the… Read More
8 minute read
The use of discrete choice experiments in applied economic analysis
Observed behaviour is usually understood to be the best indicator of future choices. This ‘revealed preference’ data is therefore favoured by practitioners as the basis for economic models. However, many economic questions involve looking at markets that do not (yet) exist, or ‘but for’ hypothetical situations that did not… Read More