Costâ€“benefit analysis of investments in airport infrastructure:a practical approach
AbstractThis paper presents a costâ€“benefit analysis approach devised to conduct project evaluation in conditions of limited analyst time, research budget and data availability. The emphasis is on discarding economically viable from unviable projects rather than on arriving at a precise estimate of project return. The paper starts by setting out the theoretical background for identifying and measuring project benefits. It then presents a practical approach to measure such benefits in projects involving the expansion of passenger capacity and, subsequently, those aimed at expanding aircraft capacity. Projects in the freight market and the estimation of airport costs are treated in turn. A practical application is included as an appendix.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Air Transport Management.
Volume (Year): 10 (2004)
Issue (Month): 5 ()
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Web page: http://www.journals.elsevier.com/journal-of-air-transport-management/
Airports; Costâ€“benefit analysis; Infrastructure; Investment appraisal;
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- Silva, Hugo E. & Verhoef, Erik T. & van den Berg, Vincent A.C., 2014.
"Airlines’ strategic interactions and airport pricing in a dynamic bottleneck model of congestion,"
Journal of Urban Economics,
Elsevier, vol. 80(C), pages 13-27.
- Hugo E. Silva & Erik T. Verhoef & Vincent A.C. van den Berg, 2012. "Airlines' Strategic Interactions and Airport Pricing in a Dynamic Bottleneck Model of Congestion," Tinbergen Institute Discussion Papers 12-056/3, Tinbergen Institute, revised 15 Jul 2013.
- Wei, Wenbin, 2008. "A new approach to quantify the benefit to air travelers resulting from airport capacity expansion," Journal of Air Transport Management, Elsevier, vol. 14(1), pages 47-49.
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