MANUAL FOR THE ECONOMIC EVALUATION OF HIGHWAY PROJECTS

This manual is aimed at providing concise instructions in condensed form for setting up the economic analysis of highway projects. The instructions can be used without background knowledge in economics and are thus directed, primarily, at non-economists engaged in the field of transport project appraisal. The primary aim is to demonstrate how the analysis is to be undertaken. The analytical reasoning for the recommended procedures is dealt with only cursorily. For greater detail of the analytical logic, the reader is referred to the "Guidelines for the Economic Evaluation of Projects" (UN/ECE 1985). The sequence of presentation is in accordance with the sequence in which the analysis is actually performed in practice. Unlike the Guidelines the sequence of presentation is thus not arranged in analytical order but is geared to practical field work. Some issues of evaluation are controversial even among economists. The discussions of the various options are often confusing to non-economists. Hence in such cases those procedures which appear to draw the widest degree of acceptance have been selected, in order to set up a standard form of analysis. The rationale for the choice made is, again, to be found in the "Guidelines for the Economic Evaluation of Highway Projects". The verbal instructions in each chapter are followed up by a numerical example. The example illustrates all important aspects of the instructions. The examples for each chapter taken together add up to a complete and integrated case study. (Author)

• Corporate Authors:

  United Nations

  Economic Commission for Europe. Trans-European North-South Motorway Project
  CH-1211 Geneva 10,   Switzerland 
• Publication Date: 1985-12-3

Media Info

• Features: Figures; Tables;
• Pagination: 52 p.

Subject/Index Terms

• TRT Terms: Economic analysis; Highway planning; Manuals
• Subject Areas: Administration and Management; Economics; Finance; Highways; Society; I10: Economics and Administration;

Filing Info

• Accession Number: 00457579
• Record Type: Publication
• Report/Paper Numbers: TEM/CO/TEC/5
• Files: TRIS
• Created Date: Aug 31 1986 12:00AM