At the time of writing, McGeehan practiced economics at VicRoads, and the other authors practiced at the Department of Transport, Victoria.
Transport Satellite Accounts are essential to boost Productivity and to improve Public Understanding†
Article first published online: 20 JUN 2013
© 2013 The Economic Society of Australia
Economic Papers: A journal of applied economics and policy
Volume 32, Issue 2, pages 151–160, June 2013
How to Cite
Norman, P. M., McGeehan, E., Mak, G., Maurer, A. and Murray, J. M. (2013), Transport Satellite Accounts are essential to boost Productivity and to improve Public Understanding. Economic Papers: A journal of applied economics and policy, 32: 151–160. doi: 10.1111/1759-3441.12033
- Issue published online: 20 JUN 2013
- Article first published online: 20 JUN 2013
- national accounts;
- satellite accounts;
- transport economics;
- investment in transport infrastructure
The development of a set of Transport Satellite Accounts is long overdue. The imperative need is to be able to assess the size and contribution of the transport sector and to track improvements in productivity arising from operational efficiency, optimal pricing and from investment in transport infrastructure. This would allow international comparisons against best practice to follow. The quality of public and private decisions would improve. Their availability would enable professional economists to add significantly more value.