Journal of transport economics and policy · 1973 · 31 citations · 15 references
ManagementBusiness EconomicsEconomicsEconomic DevelopmentTransportTransportationComparative AdvantageRoad TransportTransport EconomicsTransport PolicyTransportation EconomicsTransportation Project EvaluationSecondary ConsumersTransport AppraisalTransport ExternalitiesTransport Investment AppraisalTransport Project Appraisal
In a developed economy there are likely to be few external effects from road investment; and secondary benefits (for example, to final consumers of goods transported) can be assumed to be already covered by benefits to traffic.
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The Foundations of Welfare Economics
John Hicks · The Economic Journal · 1939 · 1.4K citations
Land Values and the Measurement of Highway Benefits
Herbert Mohring · Journal of Political Economy · 1961 · 168 citations