Economy-Wide Benefits: Dynamic and Strategic Effects of a Fehmarn Belt Fixed Link
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.