TAILIEUCHUNG - EVALUATION OF DEMAND FOR INTERDEPENDENT INFRASTRUCTURE INVESTMENTS

They concluded that there were additive effects of public R&D financing on private research expenditure, but only for small firms. Benavente (2003) compared and analyzed the Chilean manufacturing firms under a situation that whether firms received or did not receive R&D subsidies from 1995 to 1998. The author found a positive relationship between public funding and private R&D. There was a dollars crowding-in effect in R&D spending in firms that received public funding. The firms that received public R&D funding had higher R&D spending than those corresponding firms without public R&D support. Besides, Einiö (2009) identified of the. | Industrial and Financial Economics Master Thesis No 2003 37 EVALUATION OF DEMAND FOR INTERDEPENDENT INFRASTRUCTURE INVESTMENTS - THE CASE OF THE GỎTA ALV VALLEY Anneli Axsater Anna Bostrom Graduate Business School School of Economics and Commercial Law Goteborg University ISSN 1403-851X Printed by Elanders Novum ABSTRACT Our thesis aimed to describe the demand for transportation between Goteborg and Trollhattan in such a way that it could be used for decision making. Furthermore we aimed to draw parallels between Norge Vanernbanan and Svealandsbanan. Finally we wanted to decide if investments should be made in R45 in Norge Vanernbanan or in both. A survey among commuters in the area between Goteborg and Trollhattan was performed and company interviews with companies in the municipalities of Goteborg Ale Lilla Edet and Trollhattan were conducted. Furthermore we explained how scenario analysis can be applied within the field of transportation when determining how an increased capacity affects the demand for transportation and how the demand affects the payoff of infrastructure investments. From our survey and interviews we can conclude that transfer effects may be realized if investments in R45 and in Norge Vanernbanan are made. Companies in the area demand infrastructure investments because of recruiting and commuting problems. We suggest expanding R45 into four lanes with a railing in the middle and intersections below or above the road to increase the bus frequency and to investigate whether it is possible to increase the train frequency and or investing in high-speed trains while keeping the current track capacity. Key Words Infrastructure investment elasticity cross elasticity transfer effect generalized cost consumer surplus transport modeling Limdep Sampers nettonuvardeskvot multinomial logit .

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