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Transport infrastructure: Investment and planning. Policy and research aspects

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  • Short, Jack
  • Kopp, Andreas

Abstract

Substantial resources are devoted to infrastructure investment planning. However, considerable distance remains between planning outcomes on the one hand and policy decisions and implementation on the other. This paper looks at the reasons for this difference form the perspective of the experience of the European Conference of Ministers of Transport. A first potential reason for the weaker than expected role of planning in infrastructure policies is the weak data availability. Institutional changes of the transport sector do not facilitate an the upgrade of their quality. Secondly, despite enormous efforts to improve planning methods and institutions there is no obvious convergence to a "best practice". This considerably contributes to the difficulties of international coordination of infrastructure policies, despite the growing demand for such coordination given the rapid processes of international economic integration. Finally, research should help to feed back the results of ex post evaluations of infrastructure investment projects and programs into the planning process.

Suggested Citation

  • Short, Jack & Kopp, Andreas, 2005. "Transport infrastructure: Investment and planning. Policy and research aspects," Transport Policy, Elsevier, vol. 12(4), pages 360-367, July.
  • Handle: RePEc:eee:trapol:v:12:y:2005:i:4:p:360-367
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    Cited by:

    1. Caroline A. Rodenburg & Peter Nijkamp & Henri L.F. De Groot & Erik T. Verhoef, 2008. "Valuation Of Multi-Functional Land Use By Commercial Investors: A Case Study On The Amsterdam Zuidas Mega-Project," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 99(4), pages 454-469, September.
    2. Salling, Kim Bang & Leleur, Steen, 2011. "Transport appraisal and Monte Carlo simulation by use of the CBA-DK model," Transport Policy, Elsevier, vol. 18(1), pages 236-245, January.
    3. Kölbl, Robert & Niegl, Martin & Knoflacher, Hermann, 2008. "A strategic planning methodology," Transport Policy, Elsevier, vol. 15(5), pages 273-282, September.
    4. Khraibani, R. & de Palma, A. & Picard, N. & Kaysi, I., 2016. "A new evaluation and decision making framework investigating the elimination-by-aspects model in the context of transportation projects' investment choices," Transport Policy, Elsevier, vol. 48(C), pages 67-81.
    5. Deng, Ping & Lu, Shiqing & Xiao, Hanbin, 2013. "Evaluation of the relevance measure between ports and regional economy using structural equation modeling," Transport Policy, Elsevier, vol. 27(C), pages 123-133.
    6. Shih Hsu Wang Author_Email: wss.cv91g@nctu.edu.tw & Ren-Jye Dzeng & Cheng-Kai Huang, 2011. "A Study Of Fuzzy Evaluations Applied In Infrastructure Development Strategy," International Conference on Management (ICM 2011) Proceeding 2011-058-176, Conference Master Resources.
    7. BADALYAN, Gohar & HERZFELD, Thomas & RAJCANIOVA, Miroslava, 2014. "Transport Infrastructure And Economic Growth: Panel Data Approach For Armenia, Georgia And Turkey," Review of Agricultural and Applied Economics (RAAE), Faculty of Economics and Management, Slovak Agricultural University in Nitra Provider-Homepage: http://www.roaae.org;Association of Agricultural Economists in Slovakia (APES), vol. 17(2).
    8. Pradhan, Rudra P. & Bagchi, Tapan P., 2013. "Effect of transportation infrastructure on economic growth in India: The VECM approach," Research in Transportation Economics, Elsevier, vol. 38(1), pages 139-148.
    9. Farhadi, Minoo, 2015. "Transport infrastructure and long-run economic growth in OECD countries," Transportation Research Part A: Policy and Practice, Elsevier, vol. 74(C), pages 73-90.
    10. repec:eee:transa:v:105:y:2017:i:c:p:79-94 is not listed on IDEAS
    11. Cárcamo-Díaz, Rodrigo, 2007. "Coordination of public expenditure in transport infrastructure: analysis and policy perspectives for Latin America," Macroeconomía del Desarrollo 56, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    12. Riccardo Crescenzi & Marco Di Cataldo & Andrés Rodríguez-Pose, 2016. "Government Quality And The Economic Returns Of Transport Infrastructure Investment In European Regions," Journal of Regional Science, Wiley Blackwell, vol. 56(4), pages 555-582, September.
    13. Olsson, Nils O.E. & Krane, Hans Petter & Rolstadås, Asbjørn & Veiseth, Mads, 2010. "Influence of reference points in ex post evaluations of rail infrastructure projects," Transport Policy, Elsevier, vol. 17(4), pages 251-258, August.
    14. Huber, Hans, 2010. "Planning for balanced growth in Chinese air traffic: A case for statistical mechanics," Journal of Air Transport Management, Elsevier, vol. 16(4), pages 178-184.
    15. Riccardo Mercurio & Paolo Canonico & Mario Pezzillo Iacono, 2012. "Organizing mobility as an infrastructure for development," Chapters,in: European Cities and Global Competitiveness, chapter 14, pages 259-273 Edward Elgar Publishing.
    16. Ricardo S. Martins & Mauro Borges Lemos, 2006. "Corredor Centro-Leste: Sistemas De Transporte De Minas Gerais Na Perspectivas Dos Eixos De Desenvolvimento E Integração," Anais do XII Seminário sobre a Economia Mineira [Proceedings of the 12th Seminar on the Economy of Minas Gerais],in: João Antonio de Paula & et alli (ed.), Anais do XII Seminário sobre a Economia Mineira [Proceedings of the 12th Seminar on the Economy of Minas Gerais] Cedeplar, Universidade Federal de Minas Gerais.
    17. Hijdra, Arjan & Woltjer, Johan & Arts, Jos, 2015. "Troubled waters: An institutional analysis of ageing Dutch and American waterway infrastructure," Transport Policy, Elsevier, vol. 42(C), pages 64-74.
    18. Louw, Erik & Leijten, Martijn & Meijers, Evert, 2013. "Changes subsequent to infrastructure investments: Forecasts, expectations and ex-post situation," Transport Policy, Elsevier, vol. 29(C), pages 107-117.
    19. Xu, Meng & Grant-Muller, Susan & Gao, Ziyou, 2015. "Evolution and assessment of economic regulatory policies for expressway infrastructure in China," Transport Policy, Elsevier, vol. 41(C), pages 42-49.
    20. Auvinen, Heidi & Ruutu, Sampsa & Tuominen, Anu & Ahlqvist, Toni & Oksanen, Juha, 2015. "Process supporting strategic decision-making in systemic transitions," Technological Forecasting and Social Change, Elsevier, vol. 94(C), pages 97-114.
    21. Knudsen, M.Aa. & Rich, J., 2013. "Ex post socio-economic assessment of the Oresund Bridge," Transport Policy, Elsevier, vol. 27(C), pages 53-65.
    22. Adelheid Holl, 2011. "Factors influencing the location of new motorways: the large scale motorway building in Spain," Working Papers 1105, Instituto de Políticas y Bienes Públicos (IPP), CSIC.
    23. Polydoropoulou, Amalia & Roumboutsos, Athena, 2009. "Evaluating the impact of decision making during construction on transport project outcome," Evaluation and Program Planning, Elsevier, vol. 32(4), pages 369-380, November.

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