ECONOMIC EVALUATION METHODS FOR ROAD PROJECTS IN PIARC MEMBER COUNTRIES

METHODES D'EVALUATION ECONOMIQUE DES PROJECTS ROUTIERS DANS LES PAYS MEMBRES DE L'AIPCR

This report brings together the results of different studies of the impact of investment on economic development, the location of economic activity, and traffic, including any social disbenefits. The aims are to provide information about international experience, and improve the predictions of projects' impact. The study leading to this report was conducted as a questionnaire survey of all member countries of C9 (Committee on Financing and Economic Evaluation) in 1997, together with information from other available sources. C9 agreed the following goals: (1) to assemble information for each participating country on the methodology for economic evaluation of road projects, cost elements, and unit costs; and (2) to analyse and evaluate the differences between the various methods for assessing the range of cost elements, with a view to recommending further developments. The types of economic evaluation methods discussed are: cost-benefit analysis, cost-effectiveness analysis, multi-criteria analysis, risk-benefit analysis, and environmental impact assessment. Four groups of methods of valuing impacts are outlined. Existing frameworks in member countries are summarised and compared, the potential for their harmonisation is considered, six major findings are stated, and seven conclusions are drawn.

  • Availability:
  • Corporate Authors:

    Permanent International Association of Road Congresses

    La Grande Arche - Paroi Nord - Niveau 1
    92055 Paris la Defense Cedex 04,   France 
  • Publication Date: 1999

Language

  • Undetermined

Media Info

  • Pagination: 91 p.
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00769961
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • ISBN: 2-84060-055-0
  • Files: ITRD, ATRI
  • Created Date: Oct 7 1999 12:00AM