This paper offers both a review and critique of the methods used to evaluate travel time savings in less-developed countries and the subsequent use made of such evaluations in transport investment appraisal. The particular problems of evaluation in the context of a developing economy are explored, together with an examination of previous attempts at empirical work designed to place a money value on potential time savings. Further, the difficulties of employing such values within the various frameworks of transport project evaluation are considered (both in terms of rural and urban transport schemes). Specific attention is given to distributional and equity implications of alternative approaches towards the incorporation of time savings. The paper offers no new empirical work but rather attempts a review of the "state-of-the-art" from an outsider's position, and provides a number of suggestions and comments which should improve the consistency of future work in this area. (Author/TRRL)

  • Availability:
  • Supplemental Notes:
    • This paper was presented at Seminar G, Developing Countries, held at the PTRC Annual Summer Meeting, University of Warwick, England, 4-7 July 1983.
  • Corporate Authors:

    PTRC Education and Research Services Limited

    110 Strand
    London WC2,   England 
  • Authors:
    • BUTTON, K J
    • PEARMAN, A D
  • Conference:
  • Publication Date: 1983

Media Info

  • Features: References; Tables;
  • Pagination: p. 61-74

Subject/Index Terms

Filing Info

  • Accession Number: 00382742
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • ISBN: 0-86050-112-4
  • Report/Paper Numbers: Volume P240
  • Files: ITRD, TRIS
  • Created Date: Apr 30 1984 12:00AM