AN ECONOMIC EVALUATION OF CALGARY'S NORTH-EAST LIGHT RAIL TRANSIT SYSTEM

This paper presents a benefit cost analysis of one of the radials of an LRT system which hs been under construction in the City of Calgary. Five benefits are identified and measured. These relate to reductions in commuter travel times, congestion on the road network, automobile operating costs, parking costs and bus costs. It is concluded that these benefits fall far short of the capital and operating costs and that the project is not economic. There is also a discussion of the theoretical limitations of the analysis and of relevant externalities. It is argued that these are not of sufficient magnitude to alter the basic conclusion: the project is not in the public interest.

• Corporate Authors:

  University of British Columbia, Vancouver

  Faculty of Commerce
  Vancouver, British Columbia  Canada 
• Authors:
  • Taylor, S
  • Wright, R
• Publication Date: 1983-12

Media Info

• Features: Appendices; References; Tables;
• Pagination: p. 351-365
• Serial:
  • LOGISTICS AND TRANSPORTATION REVIEW
  • Volume: 19
  • Issue Number: 4

Subject/Index Terms

• TRT Terms: Axles; Benefit cost analysis; Commuting; Economic analysis; Externalities; Mathematical models; Operating costs; Traffic congestion; Vehicle design
• Geographic Terms: Calgary (Canada)
• Old TRIS Terms: Axle design
• Subject Areas: Design; Economics; Finance; Planning and Forecasting; Public Transportation;

Filing Info

• Accession Number: 00386368
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 28 1984 12:00AM