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No. 140 : The Wider Economic Benefits of Transport

Price: £54.00

ISBN: 9789282101605

Publisher: OECD
Format: Printed + Free PDF
Pages: 208




No. 140 : The Wider Economic Benefits of Transport
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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.

Table of contents:

Summary of Discussions
Introductory Reports
-Recent Evolution of Research into the Wider Economic Benefits of Transport by Roger Vickerman
-The Wider Economic Benefits of Transportation by T. R. Lakshmanan
-Wider Economic Benefits of Investments in Transport Infrastructure by Jefffrey P. Cohen
-Agglomeration Economies and Transport Investment by Daniel J. Graham
-Transport Infrastructure Inside and Across Urban Regions: Models and Assessment Methods by Borje Johansson
-The Broader Benefits of Transportation Infrastructure by Ian Sue Wing, William P. Anderson and T. R. Lakshmanan
-Progress and Challenges in the Appplication and Economic Analysis for Transport Policy and Decision Making: Concluding Comments for the Research Roundtable on Infrastructure Planning and Assessment Tools by Glen E. Weisbrod and Brian Baird Alstadt
-List of Participants