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The Wider Economic Benefit of Transport: Macro-, Meso and Micro Transport Planning and Investment Tools

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Abstract

This paper summarizes and organizes presentations and discussions of the Round Table on Macro-, meso and micro infrastructure planning and assessment tools, that took place at Boston University, on 25 and 26 October 2007. The goal of the meeting was to investigate how recent research on direct and wider economic impacts of investment in transport infrastructure can be used to improve the practice of transport projects appraisal. While the potential importance of “wider benefits” is clear, it is less obvious that attempts to quantify them should be part of all projects appraisals. Timely availibilty of results of simpler approaches might approve the quality of decision-making just as much. And when wider impacts are part of appraisal, their quantification should follow consistent procedures. Policy-oriented research should focus on these procedures, not on producing general results, as the latter are thought to be irrelevant to policy, to the extent they exist.

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  • Itf, 2008. "The Wider Economic Benefit of Transport: Macro-, Meso and Micro Transport Planning and Investment Tools," OECD/ITF Joint Transport Research Centre Discussion Papers 2008/6, OECD Publishing.
    • Handle: RePEc:oec:itfaaa:2008/6-en
    DOI: 10.1787/235472836885
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    Cited by:

    1. Börjesson, Maria & Jonsson, R. Daniel & Lundberg, Mattias, 2014. "An ex-post CBA for the Stockholm Metro," Transportation Research Part A: Policy and Practice, Elsevier, vol. 70(C), pages 135-148.
    2. Dina N. Elshahawany & Eduardo A. Haddad & Michael L. Lahr, 2017. "Accessibility, transportation cost, and regional growth: a case study for Egypt," Middle East Development Journal, Taylor & Francis Journals, vol. 9(2), pages 256-277, July.
    3. Rothengatter, Werner, 2019. "Megaprojects in transportation networks," Transport Policy, Elsevier, vol. 75(C), pages 1-15.
    4. Johannes Bröcker, 2013. "Wider Economic Benefits from Communication-Cost Reductions: An Endogenous Growth Approach," Environment and Planning B, , vol. 40(6), pages 971-986, December.
    5. repec:mul:je8794:doi:10.1429/34355:y:2011:i:1:p:125 is not listed on IDEAS
    6. Welde, Morten & Tveter, Eivind, 2022. "The wider local impacts of new roads: A case study of 10 projects," Transport Policy, Elsevier, vol. 115(C), pages 164-180.
    7. Hensher, David A. & Truong, Truong P. & Mulley, Corinne & Ellison, Richard, 2012. "Assessing the wider economy impacts of transport infrastructure investment with an illustrative application to the North-West Rail Link project in Sydney, Australia," Journal of Transport Geography, Elsevier, vol. 24(C), pages 292-305.
    8. Diana N. Elshahawany & Eduardo A. Haddd, Michael L. Lahr, 2015. "The Potential Economic Impacts of the Proposed Development Corridor in Egypt: An Interregional CGE Approach," Working Papers, Department of Economics 2015_42, University of São Paulo (FEA-USP).
    9. Johannes Bröcker, 2012. "Wider economic benefits from communication cost reductions: an endogenous growth approach," ERSA conference papers ersa12p1165, European Regional Science Association.
    10. Beyazit, Eda, 2015. "Are wider economic impacts of transport infrastructures always beneficial? Impacts of the Istanbul Metro on the generation of spatio-economic inequalities," Journal of Transport Geography, Elsevier, vol. 45(C), pages 12-23.
    11. Paal Brevik Wangsness & Kenneth Løvold Rødseth & Wiljar Hansen, 2017. "A review of guidelines for including wider economic impacts in transport appraisal," Transport Reviews, Taylor & Francis Journals, vol. 37(1), pages 94-115, January.

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