The Wider Economic Benefits of Transport Macro-, Meso- and Micro-Economic Transport Planning and Investment Tools

The standard cost-benefit analysis of transport infrastructure investment projects weighs a project's costs against users' benefits. This approach has been challenged on the grounds that it ignores wider economic impacts of such projects. At this International Transport Forum Round Table,...

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Bibliographic Details
Corporate Author: International Transport Forum
Format: eBook
Language:English
Published: Paris OECD Publishing 2008
Series:ITF Round Tables
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary:The standard cost-benefit analysis of transport infrastructure investment projects weighs a project's costs against users' benefits. This approach has been challenged on the grounds that it ignores wider economic impacts of such projects. At this International Transport Forum Round Table, leading academics and practitioners addressed these concerns and examined a range of potential approaches for evaluating wider impacts - negative as well as positive. They concluded that for smaller projects, it is better to focus on timely availability of results, even if this means forgoing sophisticated analysis of wider impacts. For larger projects or investment programs, customized analysis of these effects is more easily justifiable. Creating consistent appraisal procedures is a research priority
Physical Description:208 p. 20 x 27cm
ISBN:9789282101834