Does building new roads really create extra traffic? : some new evidence.

Author(s)
Prakash, A.B. Oliver, E.H.D'A. & Balcombe, K.
Year
Abstract

The debate that expenditure on new or existing roads induces more traffic has intensified during the 1990s in most developed countries. In this paper the controversy is readdressed from a UK perspective, using the method of Granger noncausality. Results indicate that aggregate expenditure on new and existing roads does not induce additional traffic in the Granger sense. Conversely, the results found that traffic in the Granger causes road expenditure. The importance of these results, along with issues concerning the selection and specification of dynamic models, are discussed. (Author/publisher)

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Publication

Library number
20030910 ST [electronic version only]
Source

Applied Economics, Vol. 33 (2001), No. 12 (October), p. 1579-1585, 33 ref.

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This publication is one of our other publications, and part of our extensive collection of road safety literature, that also includes the SWOV publications.