While major transportation projects are progressively promoted to enhance firm productivity and lead to economic growth, there are increasing public concerns over the net economic benefits of multibillion-dollar spending in urban and regional transportation systems. Such policy debates not only call for more rigorous transportation project assessments in practice but also ignite academic interests in grasping “wider economic impacts” via accessibility improvements and agglomeration economies. Dr Kato will introduce a few case studies and present quantitative analyses on the economic impacts of major transportation investment on multiple geographic scales, including Tokyo’s urban rail, Japan’s high-speed rail, and global-scale road infrastructure. From his team’s empirical findings, key lessons and policy implications will be drawn for transportation infrastructure projects in both developed and developing regions. At the end of this presentation, the scope of his latest research on the spatial impacts of “airport system development” — airport capacity expansion, relocation, multi-airport development, and/or ground transportation connections — in Asia’s megacities will be addressed in collaboration with Dr Murakami at SUTD.
Prof Hironori Kato is a Full Professor of Civil Engineering in the Graduate School of Engineering at the University of Tokyo since November 2013. His main research focuses and teaching subjects are transportation planning and policy, transportation economics, transportation finance, and travel behavioral analysis. He has actively been participating in the progress of international academic societies beyond domestic boundaries, as being an Editor-In-Chief of Asian Transport Studies and an Academic Editor of PLOS ONE Editorial Board. With his multidisciplinary approach, Prof Kato has been extensively serving for many public policy advisory and research committees in Japan’s national and local contexts and been involved in various overseas infrastructure projects and policy programs initiated by major international institutions, such as the Asian Development Bank (ADB), Association of South-East Asian Nations (ASEAN), and Organisation for Economic Co-operation and Development (OECD).
For further information about Prof Kato, please visit at http://www.trip.t.u-tokyo.ac.jp/kato.
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