Liikennetalous

Liikennetalous is a Finnish term that translates to "transport economics" or "traffic economy." It is a field of study and practice that analyzes the economic aspects of transportation systems. This includes the planning, financing, operation, and regulation of various modes of transport such as roads, railways, air travel, and maritime shipping.

The core of liikennetalous involves understanding the economic impacts of transportation infrastructure and services. This encompasses concepts like cost-benefit analysis for new projects, the economic rationale behind pricing mechanisms for tolls or fares, and the role of government subsidies or investments. It also examines how transportation affects economic development, trade, employment, and land use.

Key areas within liikennetalous include the economics of infrastructure investment, demand forecasting for passenger and freight transport, the efficiency of transport networks, and the environmental and social externalities associated with transportation. Researchers and practitioners in this field often use economic models and statistical methods to analyze data, evaluate policy options, and make recommendations for improving the efficiency, sustainability, and accessibility of transport systems. The goal is to ensure that transportation resources are allocated effectively to support broader economic and societal objectives.