This paper discusses a number of issues centred around the evaluation of the benefits and costs of transport. It is argued that, for various reasons, transport cannot be treated as an ‘ordinary’ economic sector, and in the paper the policy implications of a number of the sector’s...

Contents: 1. Introduction / Kakuya Matsushima and William P. Anderson -- Part I: Transportation infrastructure and economic growth -- 2. Railways and regional growth, dispersion and concentration in Scandinavia during 150 years / Hans Westlund -- 3. Regional economic impacts of a transportation...