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Tales on the dark side of the transport infrastructure provision: a systematic literature review of the determinants of cost overruns

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  • Marina Cavalieri
  • Rossana Cristaudo
  • Calogero Guccio

Abstract

Cost overruns are an endemic feature of the provision of transport infrastructure worldwide. In recent decades, a considerable amount of studies has been devoted to assessing the magnitude and determinants of cost overruns in the transportation sector. However, the empirical findings are scattered between different strands of literature, ranging from the fields of construction engineering and management to that of applied economics. To shed light on the determinants of cost overruns in the execution of transport infrastructure projects, we conduct a systematic review of the empirical literature on the topic. Of the 945 articles retrieved, 26 articles published between 2000 and 2016 meet our inclusion criteria. For them, we describe the different empirical approaches, we provide a classification of the determinants employed in the analyses and summarise their impact on cost overruns. Finally, we suggest some directions for further research in the field.

Suggested Citation

  • Marina Cavalieri & Rossana Cristaudo & Calogero Guccio, 2019. "Tales on the dark side of the transport infrastructure provision: a systematic literature review of the determinants of cost overruns," Transport Reviews, Taylor & Francis Journals, vol. 39(6), pages 774-794, November.
    • Handle: RePEc:taf:transr:v:39:y:2019:i:6:p:774-794
    DOI: 10.1080/01441647.2019.1636895
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    Citations

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    Cited by:

    1. Bartlomiej Rokicki, 2022. "Cost Underruns in Major Road Transport Infrastructure Projects—The Surprising Experience of Poland," Sustainability, MDPI, vol. 14(21), pages 1-18, November.
    2. Molinari, Laura & Haezendonck, Elvira & Mabillard, Vincent, 2023. "Cost overruns of Belgian transport infrastructure projects: Analyzing variations over three land transport modes and two project phases," Transport Policy, Elsevier, vol. 134(C), pages 167-179.
    3. Finocchiaro Castro ,Massimo & Guccio, Calogero, 2023. "New wine in old bottle: Exploring the Corruption-inefficiency nexus using endogenous stochastic frontier approach," EconStor Preprints 275730, ZBW - Leibniz Information Centre for Economics.
    4. Massimo Finocchiaro Castro & Calogero Guccio, 2021. "Does greater discretion improve the performance in the execution of public works? Evidence from the reform of discretionary thresholds in Italy," Working papers 108, Società Italiana di Economia Pubblica.
    5. Finocchiaro Castro, Massimo & Guccio, Calogero & Romeo, Domenica, 2022. "A systematic literature review of 10 years of behavioral research on health services," EconStor Preprints 266248, ZBW - Leibniz Information Centre for Economics.
    6. Abeysekara, Baudhi & Perera, Piyaruwan & Chhipi Shrestha, Gyan Kumar & Gunaruwan, Lalithasiri & Kumarage, Amal & Sadiq, Rehan & Hewage, Kasun, 2021. "Improving the capital deployment efficiency: An infrastructure investment planning process in transportation project," Research in Transportation Economics, Elsevier, vol. 88(C).
    7. Samira Dibaj & Aryan Hosseinzadeh & Miloš N. Mladenović & Robert Kluger, 2021. "Where Have Shared E-Scooters Taken Us So Far? A Review of Mobility Patterns, Usage Frequency, and Personas," Sustainability, MDPI, vol. 13(21), pages 1-27, October.

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