Table of Contents

Comparative Environmental Economic Assessment

Comparative Environmental Economic Assessment

Edited by Raymond J.G.M. Florax, Peter Nijkamp and Kenneth G. Willis

Over the last decade, economists have increasingly recognized the role of meta-analysis and value transfer in synthesizing knowledge and efficiently exploiting the existing pool of knowledge. Comparative Environmental Economic Assessment explores the potential significance of using these techniques, particularly in environmental economics. Both meta-analysis and value transfer constitute major research tools which efficiently use knowledge previously acquired from other studies. The book focuses on the potential role and usefulness of these tools in environmental economic research, and goes on to address their validity, relevance and applicability

Chapter 4: The scope of meta-analysis for transport policy impact analysis in environmental economics

Hans Kremers, Peter Nijkamp and Piet Rietveld

Subjects: economics and finance, environmental economics, environment, environmental economics

Extract

Hans Kremers, Peter Nijkamp, Piet Rietveld* 1 META-ANALYSIS IN ENVIRONMENTAL ECONOMICS The last few decades have shown a rapid increase in economic activities all over the world. In the Far East, formerly underdeveloped countries like Taiwan, South-Korea or Indonesia rapidly became fast-growing economies, while in Europe the countries that make up the European Union are making progress to a far-stretching integration of their economies into one big market with the clear objective of increasing economic activities and efficiency. This growth trend has a definite impact on geographical mobility. The existence of an elaborate transport network is central to the development of an economy. Practically everyone demands transport on a daily basis, in terms of personal mobility or through the consumption of goods that have to be transported to him or her. An increase in economic activities imposes a higher demand for transport, and without the necessary improvements in transport giving physical access to resources, markets, jobs, education and so on, the economy stagnates and the aforementioned developments come to a halt. Transport, however, also affects the local and global environment in a negative way. At a local level, the rapidly increasing use of road transport has led to substantial congestion and inaccessibility of cities while, globally, road transport especially has turned out to be an important contributor to global warming (for many details, see also Nijkamp et al., 1998). Such effects influence the personal welfare of many people in adverse ways. Economists refer in this...

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