Gjestland, Arnstein McArthur, David Osland, Liv Thorsen, Inge
Year of Publication:
51st Congress of the European Regional Science Association: "New Challenges for European Regions and Urban Areas in a Globalised World", 30 August - 3 September 2011, Barcelona, Spain
A variety of methods have been developed which allow the estimation of benefits likely to arise from new transport infrastructure. In this paper, we concentrate on measuring commuting-related benefits. We compare and contrast two different approaches. The first relies on using data on commuting flows and the gravity model. The second approach uses the relationship between labour market accessibility and house prices. We use both methods to quantify these benefits, and discuss some of the potential reasons why they may give different estimates. We take as our case study a large infrastructure project in south-west Norway.