IDEAS home Printed from https://ideas.repec.org/a/eee/retrec/v66y2017icp78-90.html
   My bibliography  Save this article

From internal efficiency to societal benefits – Multi modal transport safety agency's socio-economic impact analysis

Author

Listed:
  • Mononen, Petri
  • Leviäkangas, Pekka
  • Haapasalo, Harri

Abstract

Pressures to cut public expenditure and to reach high value for money of projects that use scarce public money are evident across the globe. At the same time there seems to be a lack of decision support tools for pin-pointing whether public services are yielding net benefits. Accountability is called for but the ‘accounting systems’ that validate the right choices in service delivery are not yet thoroughly established. As a response, an impact evaluation via a real-world case study of a multi-modal transport safety agency is presented. The main contribution of this article is methodological, including a summary of study cordoning; description of methods to map impact mechanisms; quantification of socio-economic impacts of services; the benefit to cost (B/C) appraisal of services and service bundles, and evaluation of an agency's overall B/C ratio by applying the findings to systems level. The described analytical process is repeatable elsewhere with modifications or as it stands.

Suggested Citation

  • Mononen, Petri & Leviäkangas, Pekka & Haapasalo, Harri, 2017. "From internal efficiency to societal benefits – Multi modal transport safety agency's socio-economic impact analysis," Research in Transportation Economics, Elsevier, vol. 66(C), pages 78-90.
  • Handle: RePEc:eee:retrec:v:66:y:2017:i:c:p:78-90
    DOI: 10.1016/j.retrec.2017.05.002
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0739885917300690
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.retrec.2017.05.002?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Stef Proost & Fay Dunkerley & Saskia Loo & Nicole Adler & Johannes Bröcker & Artem Korzhenevych, 2014. "Do the selected Trans European transport investments pass the cost benefit test?," Transportation, Springer, vol. 41(1), pages 107-132, January.
    2. ., 1994. "Cost-Benefit Analysis," Chapters, in: Geoffrey M. Hodgson & Warren J. Samuels & Marc R. Tool (ed.), The Elgar Companion to Institutional and Evolutionary Economics, volume 0, chapter 19, Edward Elgar Publishing.
    3. Layard,Richard & Glaister,Stephen (ed.), 1994. "Cost-Benefit Analysis," Cambridge Books, Cambridge University Press, number 9780521466745.
    4. Mononen, Petri & Leviäkangas, Pekka, 2016. "Transport safety agency's success indicators – How well does a performance management system perform?," Transport Policy, Elsevier, vol. 45(C), pages 230-239.
    5. Papadimitriou, Eleonora & Yannis, George, 2014. "Needs and priorities of road safety stakeholders for evidence-based policy making," Transport Policy, Elsevier, vol. 35(C), pages 286-294.
    6. Sorin Dan & Christopher Pollitt, 2015. "NPM Can Work: An optimistic review of the impact of New Public Management reforms in central and eastern Europe," Public Management Review, Taylor & Francis Journals, vol. 17(9), pages 1305-1332, October.
    7. Fuller, D. & Gauvin, L. & Kestens, Y. & Daniel, M. & Fournier, M. & Morency, P. & Drouin, L., 2013. "Impact evaluation of a public bicycle share program on cycling: A case example of BIXI in Montreal, Quebec," American Journal of Public Health, American Public Health Association, vol. 103(3), pages 85-92.
    8. Nygrén, Nina A. & Lyytimäki, Jari & Tapio, Petri, 2012. "A small step toward environmentally sustainable transport? The media debate over the Finnish carbon dioxide-based car tax reform," Transport Policy, Elsevier, vol. 24(C), pages 159-167.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Leviäkangas, Pekka & Molarius, Riitta, 2020. "Open government data policy and value added - Evidence on transport safety agency case," Technology in Society, Elsevier, vol. 63(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Giovanni Lombardo & Andrea Mazzocchetti & Irene Rapallo & Nader Tayser & Silvano Cincotti, 2019. "Assessment of the Economic and Social Impact Using SROI: An Application to Sport Companies," Sustainability, MDPI, vol. 11(13), pages 1-21, July.
    2. Aparicio, Jesus & Tenza-Abril, Antonio & Borg, Malcolm & Galea, John & Candela, Lucila, 2018. "Agricultural irrigation of vine crops from desalinated and brackish groundwater under an economic perspective. A case study in Siġġiewi, Malta," MPRA Paper 92268, University Library of Munich, Germany, revised 04 Sep 2018.
    3. Hillinger Claude, 2003. "The Money Metric, Price and Quantity Aggregation and Welfare Measurement," The B.E. Journal of Macroeconomics, De Gruyter, vol. 3(1), pages 1-36, July.
    4. Alcaraz Carrillo de Albornoz, Vicente & Molina Millán, Juan & Lara Galera, Antonio & Muñoz Medina, Belén, 2022. "Road speed limit matters – Are politicians doing the right thing?," Socio-Economic Planning Sciences, Elsevier, vol. 79(C).
    5. Marco Remondino, 2018. "Information Technology in Healthcare: HHC-MOTES, a Novel Set of Metrics to Analyse IT Sustainability in Different Areas," Sustainability, MDPI, vol. 10(8), pages 1-20, August.
    6. Fabrizio Battisti & Orazio Campo, 2021. "The Assessment of Density Bonus in Building Renovation Interventions. The Case of the City of Florence in Italy," Land, MDPI, vol. 10(12), pages 1-21, December.
    7. Pascal Pluvinet & Jesus Gonzalez-Feliu & Bruno Faivre d'Arcier & Mathieu Gardrat & Pierre Basck & Christian Ambrosini & Jean-Louis Routhier, 2012. "Methodology, evaluation, simulation and assessment for the analysis of the deployment of DSB and EEIC systems of the FREILOT project Contribution of LET," Working Papers halshs-01098999, HAL.
    8. Mononen, Petri & Leviäkangas, Pekka, 2016. "Transport safety agency's success indicators – How well does a performance management system perform?," Transport Policy, Elsevier, vol. 45(C), pages 230-239.
    9. Fenoll, José & Garrido, Isabel & Flores, Pilar & Hellín, Pilar & Vela, Nuria & Navarro, Ginés & García-García, José & Navarro, Simón, 2019. "Implementation of a new modular facility to detoxify agro-wastewater polluted with neonicotinoid insecticides in farms by solar photocatalysis," Energy, Elsevier, vol. 175(C), pages 722-729.
    10. Dietz, Simon & Morton, Alec, 2011. "Strategic appraisal of environmental risks: a contrast between the United Kingdom's Stern Review on the Economics of Climate Change and its Committee on Radioactive Waste Management," LSE Research Online Documents on Economics 31890, London School of Economics and Political Science, LSE Library.
    11. Coskeran, Thomas & Phillips, Paul S., 2005. "Economic appraisal and evaluation of UK waste minimisation clubs: proposals to inform the design of sustainable clubs," Resources, Conservation & Recycling, Elsevier, vol. 43(4), pages 361-374.
    12. A Morton & D Bird & A Jones & M White, 2011. "Decision conferencing for science prioritisation in the UK public sector: a dual case study," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(1), pages 50-59, January.
    13. Häyhä, Tiina & Franzese, Pier Paolo & Ulgiati, Sergio, 2011. "Economic and environmental performance of electricity production in Finland: A multicriteria assessment framework," Ecological Modelling, Elsevier, vol. 223(1), pages 81-90.
    14. R. M. Plowman;N. Graves;J. A. Roberts, 1997. "Hospital Acquired Infection," Series on Health 000422, Office of Health Economics.
    15. Per-Olov Johansson & Ginés de Rus, 2015. "On the Treatment of Foreigners and Foreign-Owned Firms in Cost–Benefit Analysis," Working Papers 2015-13, FEDEA.
    16. Maestre-Valero, J.F. & Martin-Gorriz, B. & Soto-García, M. & Martinez-Mate, M.A. & Martinez-Alvarez, V., 2018. "Producing lettuce in soil-based or in soilless outdoor systems. Which is more economically profitable?," Agricultural Water Management, Elsevier, vol. 206(C), pages 48-55.
    17. Radzimski, Adam & Dzięcielski, Michał, 2021. "Exploring the relationship between bike-sharing and public transport in Poznań, Poland," Transportation Research Part A: Policy and Practice, Elsevier, vol. 145(C), pages 189-202.
    18. Lempert Robert J., 2014. "Embedding (some) benefit-cost concepts into decision support processes with deep uncertainty," Journal of Benefit-Cost Analysis, De Gruyter, vol. 5(3), pages 487-514, December.
    19. Teresa Godinho & Isabel Pinto Reis & Rui Carvalho & Filipa Martinho, 2023. "Onboarding Handbook: An Indispensable Tool for Onboarding Processes," Administrative Sciences, MDPI, vol. 13(3), pages 1-21, March.
    20. Yunqiang Xue & Hongzhi Guan & Jonathan Corey & Heng Wei & Hai Yan, 2017. "Quantifying a Financially Sustainable Strategy of Public Transport: Private Capital Investment Considering Passenger Value," Sustainability, MDPI, vol. 9(2), pages 1-20, February.

    More about this item

    Keywords

    Transport; Agency; Public service; Administration; Evaluation; Cost-benefit analysis; Appraisal; Value for money; Socio-economic impacts;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:retrec:v:66:y:2017:i:c:p:78-90. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/620614/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.