Estimating the Labour Market Impacts of Transport Projects in Finland

Abstract Effects on labour market outcomes are often referred to when discussing the wider economic benefits of transport projects. However, research on the topic in the Finnish context is scarce. Thus, proponents of transport projects may put exaggerated hopes on the labour market effects when arguing for the projects. This review aims to give researchers a good starting point for analyzing the labour market effects of transport projects in Finland. We review theoretical frameworks and recent empirical literature on the effects of transport projects and accessibility on the labour market. We discuss the available data sources in Finland and methodological considerations for analyzing causal effects. Furthermore, we explore the integration of labour market impacts into cost-benefit analyses considering, for example, the risk of double-counting benefits.

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Publication Details

Journal
RePEc: Research Papers in Economics
Published
2024-10-02
Primary Topic
Historical Studies on Reproduction, Gender, Health, and Societal Changes
Type
article
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article

Estimating the Labour Market Impacts of Transport Projects in Finland

RePEc: Research Papers in Economics
Historical Studies on Reproduction, Gender, Health, and Societal Changes
article

Estimating the Labour Market Impacts of Transport Projects in Finland

article en

Abstract

Abstract Effects on labour market outcomes are often referred to when discussing the wider economic benefits of transport projects. However, research on the topic in the Finnish context is scarce. Thus, proponents of transport projects may put exaggerated hopes on the labour market effects when arguing for the projects. This review aims to give researchers a good starting point for analyzing the labour market effects of transport projects in Finland. We review theoretical frameworks and recent empirical literature on the effects of transport projects and accessibility on the labour market. We discuss the available data sources in Finland and methodological considerations for analyzing causal effects. Furthermore, we explore the integration of labour market impacts into cost-benefit analyses considering, for example, the risk of double-counting benefits.

RePEc: Research Papers in Economics
Research Institute of the Finnish Economy (FI), IZA - Institute of Labor Economics (DE), Japan Real Estate Institute (JP)
Decent work and economic growth
Openalex Percentile: Top 18%
Historical Studies on Reproduction, Gender, Health, and Societal Changes
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