THE DISTRIBUTION OF BENEFITS IN ROAD-INVESTMENT APPRAISAL

This paper discusses the problems involved in allowing for distributional considerations in road-investment appraisal. The first part demonstrates how existing traffic models can be modified in order to evaluate the distributional impact of benefits to leisure-time travellers in different income groups and different areas. In addition, it outlines the difficulties involved in estimating the distributional impact of benefits to travellers in working time, of freight-traffic benefits, and of accident benefits. The second part of the paper discusses the alternative approach of allowing for distributional considerations at the sector level, rather than at the individual project level. A model for determining a cut-off benefit-cost ratio for projects with particular distributional consequences is outlined, and is illustrated by reference to interurban road-investment planning in the United Kingdom.(A) /TRRL/

• Corporate Authors:

  Pion Limited

  207 Brondesburg Park
  London NW2 5JN,   England 
• Authors:
  • DODGSON, J S
• Publication Date: 1978-1

Language

• English

Media Info

• Features: Figures; References;
• Pagination: p. 3-15
• Serial:
  • Environment and Planning
  • Volume: 10
  • Issue Number: 1
  • Publisher: Pion Limited

Subject/Index Terms

• TRT Terms: Appraisals; Benefit cost analysis; Commodities; Crashes; Economic factors; Economics; Freight traffic; Freight transportation; Highways; Intercity transportation; Investments; Leisure time; Mathematical models; Physical distribution; Planning; Traffic; Transportation
• Uncontrolled Terms: Interurbans
• Geographic Terms: United Kingdom
• ITRD Terms: 1643: Accident; 226: Cost benefit analysis; 9016: Distribution (gen); 263: Economics of transport; 283: Freight; 2755: Highway; 388: Inter urban; 227: Investment; 6473: Mathematical model; 143: Planning; 755: Traffic; 8119: United Kingdom
• Subject Areas: Economics; Operations and Traffic Management; Planning and Forecasting; Safety and Human Factors; Society; Transportation (General); I10: Economics and Administration; I71: Traffic Theory;

Filing Info

• Accession Number: 00179180
• Record Type: Publication
• Source Agency: Transport and Road Research Laboratory (TRRL)
• Files: ITRD, TRIS
• Created Date: Sep 27 1978 12:00AM