Economic appraisal methodology - controversial issues and Danish choices

The development and refinement of methodology for economic evaluation of infrastructure projects is an ongoing process in many countries. The paper reports on the revision of the project appraisal methodology of the Danish Ministry of Transport, which is about to result in the publication of a revised manual covering both road and rail projects. The Danish Road Directorate and the Danish National Railway Agency each have a long established methodology for conducting project appraisal and more specifically for cost benefit analysis. However, the methodologies differed on important aspects, which raised doubts concerning the comparability of results from the two sectors. This led to the initiation of the current revision, supporting the shift towards a multimodal approach. For the covering abstract see ITRD E126595.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/0860503429
• Authors:
  • FOSGERAU, M
  • JENSEN, T L
• Publication Date: 2003

Language

• English

Media Info

• Pagination: 12pp
• Monograph Title: Risk aversion and route choice decisions
• Serial:
  • PROCEEDINGS OF THE EUROPEAN TRANSPORT CONFERENCE (ETC) 2003 HELD 8-10 OCTOBER 2003, STRASBOURG, FRANCE
  • Publisher: Association for European Transport (AET)
  • ISSN: 1474-9122

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Conferences; Economics; Evaluation and assessment; Railroad transportation; Road construction; Transportation; Transportation modes
• Geographic Terms: Denmark
• ITRD Terms: 8525: Conference; 226: Cost benefit analysis; 8028: Denmark; 263: Economics of transport; 9020: Evaluation (assessment); 1173: Rail bound transport; 3665: Road construction; 1145: Transport mode
• Subject Areas: Economics; Planning and Forecasting; Transportation (General); I10: Economics and Administration; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01013034
• Record Type: Publication
• Source Agency: Transport Research Laboratory
• ISBN: 0-86050-342-9
• Files: ITRD
• Created Date: Dec 22 2005 8:23AM