How large are the non-travel time effects of urban highway tunneling? Evidence from Maastricht, the Netherlands
Infrastructure projects increasing aim to improve the quality of life and public space, in particular in urban areas. The authors analyse a Dutch case in which an existing highway in an urban area was moved underground in order to improve intercity traffic flows and to reduce the negative effects associated with an open urban highway. Travel times within the city hardly changed, which allows for a relatively clean identification of the other benefits via a hedonic pricing model. The authors find that the non-travel time benefits of such integrated infrastructure are substantial relative to the construction costs. A halving of distance to the tunneled segment is associated with a 3.4% appreciation in house prices since the start of the project. Taken together, the non-travel time effects add up to a quarter the construction costs.
- Record URL:
- Record URL:
-
Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/09658564
-
Supplemental Notes:
- © 2019 Elsevier Ltd. All rights reserved. Abstract reprinted with permission of Elsevier.
-
Authors:
- Tijm, Joep
- Michielsen, Thomas O
- van Maarseveen, Raoul
- Zwaneveld, Peter
- Publication Date: 2019-12
Language
- English
Media Info
- Media Type: Web
- Features: Appendices; Figures; Maps; References; Tables;
- Pagination: pp 570-592
-
Serial:
- Transportation Research Part A: Policy and Practice
- Volume: 130
- Issue Number: 0
- Publisher: Elsevier
- ISSN: 0965-8564
- Serial URL: http://www.sciencedirect.com/science/journal/09658564
Subject/Index Terms
- TRT Terms: Benefit cost analysis; Costs; Economic benefits; Housing; Prices; Tunneling; Urban highways
- Geographic Terms: Maastricht (Netherlands)
- Subject Areas: Bridges and other structures; Construction; Economics; Finance; Highways;
Filing Info
- Accession Number: 01722140
- Record Type: Publication
- Files: TRIS
- Created Date: Nov 14 2019 9:30AM