This booklet gives a guide to a simple method of carrying out economic studies of highway projects. It is intended for use by highway engineers, planners and administrators in the ECAFE (asia and the Far East) and similar regions. An introduction gives definitions, sets out the aims of feasibility studies and discusses political, economic and social factors. Limitations of studies are also discussed, which arise from inaccuracies, incompleteness and expense. The next part of the booklet is concerned with methods of obtaining data including those relating to traffic, development potential and costs. This is followed by A chapter on forecasting changes in traffic and other factors so that the benefits can be more accurately assessed. Evaluation is the subject of the next chapter and covers costs and benefits, prices (including inflation), life of the project and residual values. It concludes with A discussion of statistical limitations. The next chapter is concerned with analysis, which includes an outline of the different methods that are used and examples of typical cash flows for highway projects in terms of both costs and benefits. It also discusses project timing, stage construction and standards, sensitivity analysis and the need to consider special factors which might influence the future of the highway. An annex gives information on external sources of funds. /TRRL/

  • Corporate Authors:

    United Nations

    Economic and Social Commission for Asia and the Pacific, United Nations Building
    Rajadamnern Nok Avenue
    Bangkok,   Thailand  10200
  • Publication Date: 1973

Media Info

  • Features: Figures; References; Tables;
  • Pagination: 37 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00097958
  • Record Type: Publication
  • Source Agency: Transport and Road Research Laboratory (TRRL)
  • Report/Paper Numbers: E/CN.11/1103 Standard
  • Files: ITRD, TRIS
  • Created Date: Oct 18 1975 12:00AM