Evaluating Investment in Transport Infrastructure [electronic resource]: Report of the Eighty-Sixth Round Table on Transport Economics Held in Paris on 7-8 June 1990 /
ECMT.
European Conference of Ministers of Transport Economic Research Centre.Content Provider
Round Table on Transport Economics
Paris : OECD Publishing,
1992.
As matters now stand, the planned investment in transport infrastructure cannot accomodate the growth in demand that will result from increased flows of traffic. Moreover, such investment has a whole range of effects on regional development, wealth distribution, and public well-being. The need to protect the environment also suggests that the construction of more infrastructure will be curbed and that any increases in capacity will be optimized. These factors have led to an appraisal of the reliability of methods of evaluating the relevant investment choices. This publication describes the techniques used for evaluation in a number of ECMT countries and the effectiveness of such methods, and examines conditions governing their use.
INTRODUCTORY REPORTS  -- Evaluating Transport Infrastructure Investment by Fernando de Quiros, Spain -- -Introduction -- Investment appraisal in the planning process -- Progress made in applying appraisal methods to investment infrastructure  -- Tables -- Annex: Synthesis Document -- Evaluating Transport Infrastructure Investment by Peter Faller, Austria -- -Introduction -- The investment decision in transport infrastructure as a practical problem and as a methodological problem -- Summary and Outlook -- Figures -- References -- Evaluating Transport Infrastructure Investment by Émile Quinet -- -Introduction -- Common principles of investment appraisal - the theory of surpluses and its extension to include other criteria  -- Application of the methodology to road infrastructure investment  -- The social and financial returns on investment projects: Tolled motorways and rail investment  -- Rail investment  -- Inland waterways -- Urban project appraisal -- Conclusion -- Bibliography -- SUMMARY OF DISCUSSIONS -- LIST OF PARTICIPANTS
As matters now stand, the planned investment in transport infrastructure cannot accomodate the growth in demand that will result from increased flows of traffic. Moreover, such investment has a whole range of effects on regional development, wealth distribution, and public well-being. The need to protect the environment also suggests that the construction of more infrastructure will be curbed and that any increases in capacity will be optimized. These factors have led to an appraisal of the reliability of methods of evaluating the relevant investment choices. This publication describes the techniques used for evaluation in a number of ECMT countries and the effectiveness of such methods, and examines conditions governing their use.
Bibliographic Level Mode of Issuance: Monograph
Transport
Transportation
Infrastructure (Economics)
Business & Economics
Transportation Economics