Research into the appraisal of long term benefits of transport schemes: final report
Arup and the Institute for Transport Studies (ITS), University of Leeds were commissioned by the Department for Transport (DfT) to undertake research into the appraisal of long term economic benefits of transport schemes. The intention of this study was to advance the discussion around the quantification of long term benefits in relation to the demand cap. We were asked to consider a number of questions concerning long term demand forecasting, accounting for uncertainty, the profile of benefits throughout the appraisal period and other elements of benefits appraisal. We were asked to provide recommendations where there is evidence to do so. The scope did not include producing a definitive solution or developing guidance for WebTAG. This study considers the core transport user benefits considered in standard appraisal and does not consider Wider Economic Benefits.
- Record URL:
-
Supplemental Notes:
- Report written in November 2016 but published in July 2017
-
Corporate Authors:
Department for Transport
London, United Kingdom -
Authors:
- Rose, D
- Yeung, K
- BATES, J
- Worsley, T
- BATLEY, R
- Publication Date: 2017-7
Language
- English
Media Info
- Pagination: 141p
Subject/Index Terms
- TRT Terms: Benefit cost analysis; Economics; Evaluation; Forecasting; Project management; Research; Transportation planning; Travel demand
- Uncontrolled Terms: Policy and planning
- Geographic Terms: United Kingdom
- ATRI Terms: Cost benefit analysis; Forecast; Project evaluation; Research needs; Transport economics; Transport planning; Travel demand
- Subject Areas: Economics; Research;
Filing Info
- Accession Number: 01648225
- Record Type: Publication
- Source Agency: ARRB
- Files: ATRI
- Created Date: Oct 6 2017 9:55AM