Economy-Wide Benefits: Dynamic and Strategic Effects of a Fehmarn Belt Fixed Link
Applicant:
Ministry of Transport, Denmark
Federal Ministry of Transport, Building and Housing, Germany (Bundesministerium für Verkehr, Bau und Stadtentwicklung)
Cooperative project. Consortium Leaders: Copenhagen
Economics ApS (Denmark) and Prognos AG, Germany. Subcontractors:
Institute for Regional Research, Kiel University; Transport Studies
Unit, University of Osxford; University of Sussex (UK).
Project Leader in Kiel: Prof. Dr. Johannes Bröcker
Time Schedule (work at Institute for Regional Research, Kiel): May to July 2004.
General Project Objectives: The
main purpose is to analyse: The excpected impact on employment,
competition, location choice of business and economic growth of a
Fehmarn Belt fixed link.
By dynamic and strategic effects we
understand the economic effects in terms of increased productivity and
more competitive markets that are not included in traditional
cost-benefit analysis of a transport infrastructure investment. Total
economic benefits from an infrastructure investment is the sum of the
benefits accounted for in a cost-benefits analysis and the benefits
occuring from the dynamic and strategic effects.
Project Report: Copenhagen
Economics (Ed.), Economy-Wide Benefits - Dynamic and Strategic Effects
of a Fehmarn Belt Fixed Link, Copenhagen, June 2004. Download via
Homepage of Federal Ministry of Transport, Building and Housing, Berlin or here.