Economic Policy > GLA Economics > Events > Pounds, Transport and Pence seminar

Pounds, Transport and Pence seminar

Exploring the relationship between transport and London’s economy

Wednesday 15 February 2006

Seminar summary

Transport is essential for an economy and is essential for London. But despite its key role, quantifying the importance of a particular transport investment is difficult. This creates problems when informing policy and modelling the relationship between transport and the economy.

The Pounds, Transport and Pence seminar presented several practical applications in which the links between transport investment and activity were explored. These applications can assist policy design in London and help evaluate transport investments.

Speakers

The seminar featured four speakers. Their presentations can be downloaded below:

Bridget Rosewell, Consultant Chief Economist, GLA Economics
Bridget provided an overview of the area and referred to the concept of agglomeration and the shortcomings of traditional transport appraisal methods.

Bridget Rosewell's presentation PDF
Bridget Rosewell's presentation RTF

Paul Buchanan, Director, Colin Buchanan
Paul presented the results of a new model – designed for GLA Economics – that incorporates how the transport system impacts on the economy. The model can help evaluate potential changes in the transport system.

Paul Buchanan's presentation PDF
Paul Buchanan's presentation RTF

Paul Ormerod, Director, Volterra Consulting
Paul presented on techniques used to identify links between accessibility, employment and population that have been used in the Thames Gateway Bridge regeneration case.

Paul Ormerod's presentation PDF
Paul Ormerod's presentation RTF

Nicola Troll, Principal Consultant, MVA
Nicola spoke about MVA’s Strategic Spreadsheet Policy Model for London’s transportation system. The model’s output is used in Colin Buchanan’s modelling work.

Nicola Troll's presentation PDF
Nicola Troll's presentation RTF