FACTS AND FURPHIES IN BENEFIT-COST ANALYSIS: TRANSPORT

Benefit-cost analysis (BCA) is a valuable and widely used tool. To reduce the odds of misuse, this report probes some important methodological issues, especially as they relate to transport projects. The discussion is relatively non-technical and draws on case studies. The issues examined include claims that transport projects fail to measure certain benefits: employment creation, regional development, logistic adaptations and 'positive externalities'. Also examined are the choice of discount rate, the treatment of taxes, the valuation of travel time, multi-criteria analysis as an alternative to BCA, and the role of national economic models. (a)

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/0642422397
• Corporate Authors:

  AGPS

  10 MORT STREET
  CANBERRA, ACT  Australia  2600
• Authors:
  • LUSKIN, D
• Publication Date: 1999

Language

• English

Media Info

• Features: References;
• Pagination: 243 p.
• Serial:
  • AUSTRALIA. BUREAU OF TRANSPORT ECONOMICS (BTE). REPORT
  • Issue Number: 100
  • Publisher: AGPS
  • ISSN: 1440-9569

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Competition; Costs; Development; Evaluation and assessment; Investments; Mathematical models; Measurement; Methodology; Occupations; Railroad tracks; Regions; Road construction; Taxes; Time; Transportation; Travel time; Trip length
• ITRD Terms: 235: Competition; 224: Cost; 226: Cost benefit analysis; 9013: Development; 9020: Evaluation (assessment); 227: Investment; 697: Journey time; 6473: Mathematical model; 6136: Measurement; 9102: Method; 2271: Occupation; 378: Region; 3665: Road construction; 268: Tax; 5414: Time; 1155: Transport
• Subject Areas: Finance; Transportation (General);

Filing Info

• Accession Number: 00796413
• Record Type: Publication
• Source Agency: ARRB
• ISBN: 0-642-42239-7
• Files: ITRD, ATRI
• Created Date: Aug 2 2000 12:00AM