Economic Evaluation Of Transport Projects

Author : Ginés de Rus,M. Pilar Socorro,Jorge Valido,Javier Campos
Publisher : Springer Nature
Page : 124 pages
File Size : 55,6 Mb
Release : 2023-08-01
Category : Business & Economics
ISBN : 9783031359590

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Economic Evaluation of Transport Projects by Ginés de Rus,M. Pilar Socorro,Jorge Valido,Javier Campos Pdf

This book is a guide to the economic evaluation of transport policies and investment projects through cost-benefit analysis (CBA). It covers the CBA of transportation projects and policies, and introduces the fundamental concepts of CBA before considering their application in real-world settings. A distinct focus of the book is on the practical applications of CBA. It includes real-world examples of CBA, such as high-speed rail investment and the subsidization of air transport, which illustrate the importance of using a rigorous analytical framework to evaluate transport projects and policies. The primary objective of this book is to present a basic model for the evaluation of transport projects and policies, with explicit assumptions and practical evaluation rules derived from it. The rules and measurement criteria derived from this model are applied to the examples mentioned above. Overall, this book is an excellent resource for students, practitioners, and policymakers involved in transport economics and evaluation, as it provides a comprehensive understanding of the principles and applications of CBA in the transport sector.

Author : John Nellthorp,Peter Mackie
Publisher : Routledge
Page : 292 pages
File Size : 53,9 Mb
Release : 2017-11-30
Category : Transportation
ISBN : 9781351773324

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Transport Projects, Programmes and Policies by John Nellthorp,Peter Mackie Pdf

This title was first published in 2003. The European Union is constantly struggling to find effective ways to plan major transport infrastructure developments at a European level. This is a critical factor in the emerging debates surrounding the absorption of the accession states into the EU, but it is essential for these states that their economic competitiveness is supported by appropriate and effective transport infrastructure. It is therefore crucial to find innovative approaches to the infrastructure itself, how it is financed and the ways in which proper evaluation procedures are implemented to select which policies, programmes and projects should be supported. This informative volume brings together leading international specialists in economic evaluation applied within the transport sector. Their contributions encompass all the main levels at which transport planning is typically conceptualized - strategic/regional policy, programme and project planning. It therefore examines how coherent economic evaluation practice can be developed and applied not only across different physical scales, but also across national borders.

Author : Elvira Haezendonck
Publisher : Edward Elgar Publishing
Page : 239 pages
File Size : 54,5 Mb
Release : 2008-01-01
Category : Transportation
ISBN : 9781847208682

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Transport Project Evaluation by Elvira Haezendonck Pdf

This timely book puts transport cost benefit analysis in a wider, institutional perspective, relating it in particular to decision making. The book will be of interest to practitioners, consultants and academics who are active in the evaluation of transport projects. Erik T. Verhoef, VU University Amsterdam, The Netherlands This is an important piece of work on project evaluation. An attractive feature is the balanced treatment of theory and application. The book provides very useful information on efforts of national governments in various countries to increase the quality of project evaluation studies by formulating guidelines for project evaluation. One of the strong points of the book is that it does not only address technical aspects of project evaluation tools, but also the institutional structures within which decisions are taken. Piet Rietveld, Vrije Universiteit and Tinbergen Institute, Amsterdam, The Netherlands This book revisits traditional evaluation methods, such as cost benefit analysis, to try and find a balance between the ever-increasing demand for transport, the search for sustainable mobility and green transport solutions, and the limited financial resources that governments are able to invest in transport infrastructure projects. In this respect, the effects of transport policy need to be measured and evaluated based on multiple criteria and the need to take into consideration a larger group of stakeholders and investors in transport projects. The book illustrates, methodologically and empirically, why and how the institutional and multi-actor environment impacts upon the analysis, evaluation and decision-making of transport projects in Europe. Including contributions from scholars with considerable expertise in the field, this book will be of great interest to consultants, policymakers and researchers.

Author : Hans A. Adler
Publisher : Johns Hopkins University Press
Page : 258 pages
File Size : 40,9 Mb
Release : 1987
Category : Business & Economics
ISBN : UOM:39015012443951

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Economic Appraisal of Transport Projects by Hans A. Adler Pdf

An introduction to the application of cost-benefit analysis to transportation investments in developing countries.

Author : Herman G. Tak,Herman G. van der Tak,Anandarup Ray
Publisher : Johns Hopkins University Press
Page : 68 pages
File Size : 45,8 Mb
Release : 1971
Category : Developing countries
ISBN : NWU:35556031407356

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The Economic Benefits of Road Transport Projects by Herman G. Tak,Herman G. van der Tak,Anandarup Ray Pdf

The economic evaluation of a project in any sector entails the measurement and comparison of cost and benefit streams expected from alternative investments. This paper presents an exposition of the social surplus method of measuring benefits. The exposition is intended to shed light on the nature of benefits to be expected from road transport projects, both with and without various types of market imperfections, and in particular, to show how these benefits relate to changes in the supply and demand of transported commodities. Thus one purpose of the paper is purely expository; to record the economic mechanics behind the social surplus method of benefit evaluation as applied to road projects. In the following chapters, the paper presents a method of measuring benefits which takes traffic responses into account, discusses the factors underlying their relative importance, relates the benefits to associated changes in the production and consumption of the transported commodity, and interprets the impact of market imperfections on benefit measurement.

Author : Joseph Berechman
Publisher : Routledge
Page : 514 pages
File Size : 44,9 Mb
Release : 2010-05-26
Category : Business & Economics
ISBN : 9781135214074

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The Evaluation of Transportation Investment Projects by Joseph Berechman Pdf

Throughout the world, the use of some kind of a formal transportation project evaluation procedure is a requirement. Yet, by and large, these are partial; in fact, much weight is often placed on the initial -pre-engineering -phases of the planning process, when vital information, such as accurate costs and demand projections, is largely missing. Moreover, many of these procedures neglect to consider key issues such as project’s risks, capital costs financing, latent demand, market imperfections, labor force availability and various incompatibilities between trip rates, travel times and activity location. As a result, projects, which are judged as viable under such deficient evaluation schemes, may have had a significantly different projection of capital costs and demand should a well-founded, thorough, and efficient evaluation process be used. Against this background, this book’s main objective is to construct a comprehensive and methodical economic, planning and decision-making framework for the evaluation of proposed transportation infrastructure investment projects. Such a framework is founded on four key principles. It is based on well-established economic, transportation and policy-analysis theoretical principles; it is comprehensive enough to encompass all relevant evaluation issues; it is applicable to a wide range of transportation investment projects; and it is amenable to empirical application including a sensitivity analysis and alternative scenarios regarding urban, regional and national developments.

Author : I. C. Schutte
Publisher : Unknown
Page : 71 pages
File Size : 50,7 Mb
Release : 1984
Category : Motor vehicles
ISBN : 0798822791

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Manual on the Economic Evaluation of Transportation Projects by I. C. Schutte Pdf

Author : Ignatius Christiaan Schutte,National Institute for Transport and Road Research (South Africa)
Publisher : Unknown
Page : 128 pages
File Size : 46,8 Mb
Release : 1983
Category : Transportation
ISBN : OCLC:641810002

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Manual on the Economic Evaluation of Transportation Projects by Ignatius Christiaan Schutte,National Institute for Transport and Road Research (South Africa) Pdf

Author : Yi Jiang
Publisher : Unknown
Page : 128 pages
File Size : 40,9 Mb
Release : 2013-12-12
Category : Electronic
ISBN : 1622602781

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An Economic Analysis Methodology for Project Evaluation and Programming by Yi Jiang Pdf

Economic analysis is a critical component of a comprehensive project or program evaluation methodology that considers all key quantitative and qualitative impacts of highway investments. It allows highway agencies to identify, quantify, and value the economic benefits and costs of highway projects and programs over a multiyear timeframe. This research was conducted to provide the Indiana Department of Transportation (INDOT) with a uniform economic analysis methodology. The developed economic evaluation model applies the methodology of life-cycle benefit cost analysis to perform economic analysis for proposed highway projects. As a result of this research, an Excel based computer program, the Indiana Highway Economic Evaluation Model (IHEEM), was developed to provide a convenient tool for INDOT personnel to implement the method. The main costs and benefits contained in the model are agency costs and user benefits. Agency costs include initial costs, routine maintenance costs, rehabilitation costs, and remaining value of the facility. User benefits contain travel time savings, vehicle operating cost savings, and crash reduction savings. In addition to the deterministic method for cost and benefit analysis, an alternative probabilistic approach was also developed and incorporated into IHEEM so that the outputs can be expressed as ranges of values with likelihoods of occurrence.

Author : I. C. Schutte,Africa. National Institute for Transport and Road Research
Publisher : Unknown
Page : 73 pages
File Size : 46,7 Mb
Release : 1984
Category : Transportation
ISBN : 0798822783

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Manual of the Economic Evaluation of Transportation Projects by I. C. Schutte,Africa. National Institute for Transport and Road Research Pdf

Author : Benjamin Kickhöfer,Dominik Grether,Kai Nagel
Publisher : Unknown
Page : 128 pages
File Size : 42,6 Mb
Release : 2010
Category : Electronic
ISBN : OCLC:966968793

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Public Acceptance and Economic Evaluation of Transport Policies by Benjamin Kickhöfer,Dominik Grether,Kai Nagel Pdf

Public acceptance has often been named as a key factor for the successful realization of transport projects and policies. One reason, why even economically efficient projects might not be accepted by the major part of the population, could be the unequal distribution of benefits. For instance, individuals with higher Values of Time are expected to benefit more from user-financed improvements in the quality of service (e.g. speed) of any transportation mode. Beyond that, the implementation of road pricing schemes is actually discussed to have a regressive effect on the welfare distribution under certain conditions. In order to address these issues, microscopic multi-agent simulation presented in this paper can be used. Policy makers are directly able to compare the impacts of different policy schemes on the welfare distribution and can thus identify alternatives with higher public acceptance. Generally, by using the multi-agent approach, any segregation of individuals among any socio-demographic attribute is possible what allows a more detailed view on the effects of a policy measure. Furthermore, in contrast to applied economic policy analysis, this framework allows choice modeling and economic evaluation to be realised in a consistent way. This paper shows that (i) the inclusion of individual income in the users' preferences leads to a better understanding of problems that are linked to acceptability, (ii) benefits of transport projects are likely to rise disproportionally with increasing income - both, in terms of utility change and in terms of money -, and (iii) the simulation is already feasible for a real-world large-scale scenario with almost two million individuals.

Author : Anonim
Publisher : Unknown
Page : 177 pages
File Size : 41,8 Mb
Release : 1980
Category : Local transit
ISBN : 0724357238

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Manual for Economic Evaluation of Public Transport Projects by Anonim Pdf

Author : David Banister,Joseph Berechman
Publisher : Routledge
Page : 383 pages
File Size : 48,8 Mb
Release : 2003-08-29
Category : Architecture
ISBN : 9781135802714

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Transport Investment and Economic Development by David Banister,Joseph Berechman Pdf

This book makes a major contribution to the debate and is directed at researchers, decision makers and students who are interested in the wider economic development impacts of transport.

Author : A.J. Harrison
Publisher : Routledge
Page : 270 pages
File Size : 53,6 Mb
Release : 2017-04-21
Category : Business & Economics
ISBN : 9781351793377

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The Economics of Transport Appraisal by A.J. Harrison Pdf

This book, first published in 1974, provides a comprehensive review of the application of economic concepts to the appraisal of transport systems. It presents the basic economic ideas underlying their application to transport appraisal. The exposition of these concepts links recent advances in economic theory to practical evaluation procedures. The bulk of the book is concerned with how the basic concepts may be put to use.

Author : Kenneth A. Small
Publisher : Unknown
Page : 42 pages
File Size : 55,9 Mb
Release : 1997
Category : Transportation
ISBN : NWU:35556025417775

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Project Evaluation by Kenneth A. Small Pdf