SOME WELFARE ECONOMIC ASPECTS OF THE EVALUATION OF BIG INFRASTRUCTURAL PROJECTS

ENKELE WELVAARTSECONOMISCHE ASPECTEN VAN DE EVALUATIE VAN GROTE INFRASTRUCTUURPROJECTEN

When evaluating infrastructural projects there are various areas that always require special attention. In this article two such areas are considered: (1) the recognising of external effects (particularly where the environment is concerned); and (2) the matter of uneven cost and benefit distribution between the various parties involved. The various ways of assessing the impact of external effects are examined. The conclusion is that as soon as effects of a more localised nature are involved the assessing of external effects becomes more reliable. The problem of uneven cost and benefit distribution is examined in the light of a number of environmental hindrance compensation methods, the criteria being, for instance: justification (can the full effect be compensated?); and efficiency (can compensation lead to undesirable behaviour among victims in view of the fact that the stimulus to take preventive measures is reduced?). The conclusion concerning the latter issue is that victims prefer one-off fiscal compensation to structural fiscal compensation. (A)

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/13894773
• Corporate Authors:

  CONNEKT, KENNISCENTRUM VOOR VERKEER EN VERVOER

  KLUYVERWEG 4
  DELFT,   Netherlands  2629 HT
• Authors:
  • Rietveld, P
  • Rouwendal, J
  • VERHOEF, E T
• Publication Date: 2000-4

Language

• Dutch

Media Info

• Features: References;
• Pagination: p. 34-40
• Serial:
  • CONNEKTIE MAGAZINE
  • Issue Number: 4
  • Publisher: CONNEKT, KENNISCENTRUM VOOR VERKEER EN VERVOER
  • ISSN: 1389-4773

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Economics; Environment; Evaluation and assessment; Indemnity; Taxes; Traffic; Transportation
• Uncontrolled Terms: External effects
• ITRD Terms: 226: Cost benefit analysis; 255: Economics; 2455: Environment; 9020: Evaluation (assessment); 204: External effect; 1548: Indemnity; 268: Tax; 755: Traffic; 1155: Transport
• Subject Areas: Economics; Operations and Traffic Management; Transportation (General);

Filing Info

• Accession Number: 00801476
• Record Type: Publication
• Source Agency: Institute for Road Safety Research, SWOV
• Files: ITRD
• Created Date: Nov 8 2000 12:00AM