The wider economic benefits of transport
Subtitle: macro-, meso- and micro-economic transport planning and investment tools.
Contributors: Transport Research Centre.; International Transport Forum.; Organisation for Economic Co-operation and Development.
Series: Round table -- 140; Round table (Transport Research Centre) -- 140.
Publisher: OECD/ITF
Published: 2008
Place of publication: Paris
Language: eng
Number of pages: 204
ISBN-13: 9789282101605
Subjects: Transportation
Other titles: Round table 140; Bénéfices économiques élargis du secteur des transports.
Description: 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.
Notes: "Transport Research Centre."

At head of title: OECD, International Transport Forum.

Also available in French under the title: Bénéfices économiques élargis du secteur des transports : instruments d'investissment et d'évaluation macro-, méso et micro-économiques.

Includes bibliographical references.