1,434
Views
22
CrossRef citations to date
0
Altmetric
Articles

A review of guidelines for including wider economic impacts in transport appraisal

, &
Pages 94-115 | Received 27 Oct 2015, Accepted 22 Jul 2016, Published online: 09 Aug 2016

References

  • American Association of State Highway and Transport Officials. (2003). User benefit analysis for highways. Washington, DC: Author.
  • Australian Transport Council. (2006). National guidelines for transport system management in Australia. Canberra: Author.
  • Austroads. (2011). A guide to project evaluation. Sydney: Austroads.
  • Banister, D., & Berechman, Y. (2000). Transport investment and economic development. London: UCL Press.
  • Behrens, K., Duranton, G., & Robert-Nicoud, F. (2014). Productive cities: Sorting, selection, and agglomeration. Journal of Political Economy, 122(3), 507–553. doi: 10.1086/675534
  • Beria, P., Giove, M., & Miele, M. (2012). A comparative analysis of assessment approaches. Six cases from Europe. International Journal of Transport Economics, 34(2), 179–306.
  • Bundesamt für Strassen (ASTRA). (2003). NISTRA: Nachhaltigkeitsindikatoren für Strasseninfrastrukturprojekte - Methodenbericht. Bern: Author.
  • Bundesamt für Strassen (ASTRA), & Ecoplan. (2010). Handbuch eNISTRA. Bern: Author.
  • Bundesministerium für Verkehr, I. u. T., & Österreichische Forschungsgesellscaft Strasse – Scheiene – Verker. (2010a). Bewertung des Neuverkehr im Rahmen einer Nutzen-Kosten-Analyse RVS 02.01.23. Wien: Author.
  • Bundesministerium für Verkehr, I. u. T., & Österreichische Forschungsgesellscaft Strasse – Scheiene – Verker. (2010b). Nutzen-kosten-Untersuchungen im Verkehrwesen RVS 02.01.22. Wien: Author.
  • California DOT. (2007). Life cycle benefit cost analysis model. Author.
  • Centraal Planbureau, & Nederlands Economisch Instituut. (2000). Evaluatie Van Infrastructuurprojecten-Leidraad Voor Kosten-Batenanalyse. Hague: Author.
  • Centro de Estudios y Experimentación de Obras Públicas (CEDEX)/ Ministerio de Fomento. (2010). Economic evaluation of transport projects – guidelines. Madrid: Author.
  • Combes, P. P., Duranton, G., Gobillon, L., Puga, D., & Roux, S. (2012). The productivity advantages of large cities: Distinguishing agglomeration from firm selection. Econometrica, 80(6), 2543–2594. doi: 10.3982/ECTA8442
  • Commissariat général à la stratégie et à la prospective. (2013a). Cost benefit assessment of public investments: Final report – summary and recommendations. Paris: Author.
  • Commissariat général à la stratégie et à la prospective. (2013b). L’évaluation socioéconomique des investissements publics. Paris: Author.
  • Commonwealth of Australia. (2006). Handbook of cost-benefit analysis. Canberra: Author.
  • Copenhagen Economics. (2014). Bredere økonomiske effekter af transportinvesteringer - Debatoplæg udarbejdet for Transportministeriet. Retrieved from Copenhagen.
  • Deng, T. (2013). Impacts of transport infrastructure on productivity and economic growth: Recent advances and research challenges. Transport Reviews, 33(6), 686–699. doi: 10.1080/01441647.2013.851745
  • DfT. (2008). The additionality of wider economic benefits in transport appraisal. London: Author.
  • Department for Transport. (2013). Value for money assessment: Advice note for local transport decision makers. London: Author.
  • Department for Transport. (2014a). TAG unit A1.1, cost benefit analysis. London: Author.
  • Department for Transport. (2014b). TAG unit A2.1, wider impacts. London: Author.
  • Department of Infrastructure and Regional Development. (2014). Overview of project appraisal. Canberra: Author.
  • Department of Transport. (2010). Guidelines for cost benefit analysis. Melbourne: Author.
  • Department of Transport. (2012). Job density, productivity and the role of transport. Melbourne: Author.
  • Diamond, C. A., & Simon, C. J. (1990). Industrial specialization and the returns to labor. Journal of Labor Economics, 8, 175–201. doi: 10.1086/298219
  • Dodgson, J. S. (1973). External effects and secondary benefits in road investment appraisal. Journal of Transport Economics and Policy, 7(2), 169–185.
  • Douglas, N., & Brooker, T. (2013). International comparison of transport appraisal practice – Annex 6 NSW Australia Country report.
  • Duranton, G., & Kerr, W. (2015, September). The logic of Agglomeration (Harvard Business School Working paper No. 16-037).
  • Duranton, G., & Puga, D. (2004). Micro-foundations of urban agglomeration economies. In J. Vernon Henderson & Jacques-François Thisse (Eds.), Handbook of regional and urban economics (Vol. 4, pp. 2063–2117). Amsterdam: Elsevier B.V.
  • Elhorst, J. P., & Oosterhaven, J. (2008). Integral cost-benefit analysis of Maglev Rail projects under market imperfections. Journal of Transport and Land Use, 1(1), 65–87. doi: 10.5198/jtlu.v1i1.12
  • Ellison, G., Glaeser, E. L., & Kerr, W. (2007). What causes industry agglomeration? Evidence from coagglomeration patterns (NBER Working Paper 13068).
  • EU Structural Fund – ERDF, Cohesion Fund, & ISPA. (2003a). Guide to Cost-Benefit Analysis of investment projects – English version.
  • EU Structural Fund – ERDF, Cohesion Fund, & ISPA. (2003b). Guide to Cost-Benefit Analysis of investment projects – Greek version.
  • European Commission. (2008). Guide to cost-benefit analysis of investment projects - structural funds, cohesion fund and instrument for pre-accession. Brussels: European Commission Directorate General Regional Policy.
  • European Investment Bank. (2013). The economic appraisal of investment projects at the EIB. Luxembourg: Author.
  • van Exel, J., Rienstra, S., Gommers, M., Pearman, A., & Tsamboulas, D. (2002). EU involvement in TEN development: Network effects and European value added. Transport Policy, 9(4), 299–311. doi: 10.1016/S0967-070X(02)00016-1
  • Federal Highway Administration. (2003). Economic analysis primer. Washington, DC: Author.
  • Federal Ministry of Transport, B. a. H. B. (2003a). Federal transport infrastructure plan 2003. Berlin: Author.
  • Federal Ministry of Transport, B. a. H. B. (2003b). Macroeconomic evaluation methodology – federal transport infrastructure plan 2003. Berlin: Author.
  • Fujita, M. (1988). A monopolistic competition model of spatial agglomeration* 1:: Differentiated product approach. Regional Science and Urban Economics, 18(1), 87–124. doi: 10.1016/0166-0462(88)90007-5
  • Fujita, M., & Thisse, J. (1996). Economics of agglomeration. Journal of the Japanese and International Economies, 10(4), 339–378. doi: 10.1006/jjie.1996.0021
  • Glaeser, E. L., Kallal, H. D., Scheinkman, J. A., & Shleifer, A. (1991). Growth in cities. Retrieved from http://www.nber.org/papers/w3787.
  • Graham, D. J. (2007). Agglomeration, productivity and transport investment. Journal of Transport Economics and Policy (JTEP), 41(3), 317–343.
  • Graham, D., & Dender, K. v. (2011). Estimating the agglomeration benefits of transport investments: Some tests for stability. Transportation, 38(3), 409–426. doi:10.1007/s11116-010-9310-0
  • Harberger, A. C. (1964). The measurement of waste. The American Economic Review, 54(3), 58–76.
  • Helsley, R. W., & Strange, W. C. (1990). Matching and agglomeration economies in a system of cities. Regional Science and Urban Economics, 20(2), 189–212. doi: 10.1016/0166-0462(90)90004-M
  • Helsley, R. W., & Strange, W. C. (2002). Innovation and input sharing. Journal of Urban Economics, 51(1), 25–45. doi: 10.1006/juec.2001.2235
  • Hensher, D. A., Truong, T. P., Mulley, C., & Ellison, R. (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, 24, 292–305. doi: 10.1016/j.jtrangeo.2012.03.009
  • Hicks, J. R. (1932). The theory of wages. London: Palgrave Macmillan.
  • Hof, B., Heyma, A., & van der Hoorn, T. (2012). Comparing the performance of models for wider economic benefits of transport infrastructure: Results of a Dutch case study. Transportation, 39(6), 1241–1258. doi: 10.1007/s11116-011-9383-4
  • Holmes, T. J. (1999). Localization of industry and vertical disintegration. Review of Economics and Statistics, 81(2), 314–325. doi: 10.1162/003465399558102
  • Infrastructure Australia. (2012). Reform and investment framework. Author.
  • Jara-Diaz, S. (1986). On the relation between users’ benefits and the economic effects of transportation activities. Journal of Regional Science, 26, 379–391. doi: 10.1111/j.1467-9787.1986.tb00826.x
  • Kanemoto, Y. (2013a). Pitfalls in estimating “wider economic benefits” of transportation projects (GRIPS Discussion Papers, 13).
  • Kanemoto, Y. (2013b). Second-best cost–benefit analysis in monopolistic competition models of urban agglomeration. Journal of Urban Economics, 76, 83–92. doi: 10.1016/j.jue.2013.03.006
  • Kansas DOT. (2010). Expanded highway project selection process. Author.
  • Kernohan, D., & Rognlien, L. (2011). Wider economic impacts of transport investments in New Zealand. Retrieved from Wellington.
  • Koopmans, C., & Oosterhaven, J. (2011). SCGE modelling in cost-benefit analysis: The Dutch experience. Research in Transportation Economics, 31(1), 29–36. doi: 10.1016/j.retrec.2010.11.005
  • Krugman, P. (1991). Geography and trade. Cambridge, MA: The MIT Press.
  • Laird, J., & Mackie, P. (2009). Review of economic assessment in rural transport appraisal. Edinburgh: Scottish Government Social Research.
  • Laird, J., & Mackie, P. (2014). Wider economic benefits of transport schemes in remote rural areas. Research in Transportation Economics, 47, 92–102. doi: 10.1016/j.retrec.2014.09.022
  • Laird, J., Nellthorp, J., & Mackie, P. (2005). Network effects and total economic impact in transport appraisal. Transport Policy, 12(6), 537–544. doi: 10.1016/j.tranpol.2005.07.003
  • Lakshmanan, T. (2007). The wider economic benefits of transportation (Paper presented at the Discussion paper no. 8, 2007). International Transport Forum.
  • Lakshmanan, T., & Anderson, W. P. (2002). Transportation infrastructure, freight services sector and economic growth. Paper presented at the Centre for Transportation Studies, Boston University. Retrieved from http://www.ncgia.ucsb.edu/stella/meetings/20020115/Lakshmanan.pdf.
  • Liikennevirasto (2011). Liikenneväylien hankearvioinnin yleisohje. Helsinki: Author.
  • Liikennevirasto (2013). Tiehankkeiden arviointiohje. Helsinki: Author.
  • Mackie, P., & Worsley, T. (2013). International comparisons of transport appraisal practice: Overview report. Retrieved from https://www.gov.uk/government/publications/international-comparisons-of-transport-appraisal-practice.
  • Mackie, P., Worsley, T., & Eliasson, J. (2014). Transport appraisal revisited. Research in Transportation Economics, 47, 3–18. doi: 10.1016/j.retrec.2014.09.013
  • Manning, A. (2003). The real thin theory: Monopsony in modern labour markets. Labour Economics, 10(2), 105–131. doi: 10.1016/S0927-5371(03)00018-6
  • Marshall, A. (1890). The principles of economics. 8th edn. (1920). London: Macmillan.
  • Matouschek, N., & Robert-Nicoud, F. (2005). The role of human capital investments in the location decision of firms. Regional Science and Urban Economics, 35(5), 570–583. doi: 10.1016/j.regsciurbeco.2004.09.001
  • Melo, P. C., Graham, D. J., & Noland, R. B. (2009). A meta-analysis of estimates of urban agglomeration economies. Regional Science and Urban Economics, 39(3), 332–342. doi: 10.1016/j.regsciurbeco.2008.12.002
  • Ministerie van Verkeer en Waterstaat, & Ministerie van Economische Zaken. (2004). Indirecte Effecten Infrastructuur-projecten-Aanvulling op de leidraad OEI. Author.
  • Ministry of Land Infrastructure, T. a. T. (2009). Technical guidance of cost-benefit analysis for public project evaluation. Tokyo: Author.
  • Ministry of Land Infrastructure, T. a. T. (2010). Cost-benefit analysis manual (for road projects). Tokyo: Author.
  • Ministry of Transportation and Infrastructure. (2014). Benefit cost analysis guidebook – guidelines for the benefit cost analysis of highway improvement projects in British Columbia. Victoria: Author.
  • Minnesota DOT. (2009). Implementation of Minnesota statewide transportation plan cost-effectiveness policy (Technical Memorandum No. 09-13-IM-01). Minnesota: Author.
  • Minnesota DOT. (2012). Benefit cost analysis for transportation projects. Minnesota: Author.
  • Mohring, H. (1993). Maximizing, measuring, and not double counting transportation-improvement benefits: A primer on closed-and open-economy cost-benefit analysis. Transportation Research Part B: Methodological, 27(6), 413–424. doi: 10.1016/0191-2615(93)90014-2
  • Moretti, E. (Ed.). (2004). Human capital externalities in cities (Vol. 4). Amsterdam: Elsevier B.V.
  • Nash, C., & Laird, J. (2009). Chapter 5: Cost–benefit analysis in transport: Recent Developments in rail project appraisal in Britain. In R. J. Brent (Ed.), Handbook of research on cost–benefit analysis (pp. 106–139). Cheltenham: Edward Elgar Publishing.
  • National Cooperative Highway Research Program. (2014). Assessing productivity impacts of transportation investments: Final report and guidebook. Retrieved from http://onlinepubs.trb.org/onlinepubs/nchrp/nchrp_rpt_786.pdf.
  • National Roads Authority. (2011a). Project appraisal guidelines: Unit 6.1 guidance on conducting CBA. Dublin: Author.
  • National Roads Authority. (2011b). Project appraisal guidelines: Unit 6.8 wider impacts. Dublin: Author.
  • National Roads Authority. (2011c). Project appraisal guidelines: Unit 7.0 project appraisal balance sheet. Dublin: Author.
  • North Carolina DOT. (2014). Strategic transport investments/ highway quantitative scoring criteria. Author.
  • NOU 2012:16. (2012). Samfunnsøkonomiske analyser. Oslo: Departementenes servicesenter.
  • Nuclei regionali di valutazione e verifica degli investimenti pubblici. (2001). Studi Di Fattibilità Delle Opere Pubbliche. Author.
  • NZ Transport Agency. (2013). Economic evaluation manual. Wellington: Author.
  • Odgaard, T., Kelly, C., & Laird, J. (2005). HEATCO Work Package 3: Current practice in project appraisal in Europe. Retrieved from Stuttgart, Germany.
  • OECD. (2008). The wider economic benefits of transport: Macro-, meso- and micro-economic transport planning and investment tools. Retrieved from http://www.itf-oecd.org/sites/default/files/docs/dp200806.pdf.
  • Oosterhaven, J., & Knaap, T. (2003). Spatial economic impacts of transport infrastructure investments. In A. Pearman, P. Mackie, J. Nellthorp & L. Giorgi (Eds.), Transport projects, programmes and policies: evaluation needs and capabilities (pp. 87–100). Aldershot: Ashgate.
  • Pigou, A. C. (1924). The economics of welfare. London: Macmillan.
  • Pilegaard, N., & Fosgerau, M. (2008). Cost benefit analysis of a transport improvement in the case of search unemployment. Journal of Transport Economics and Policy (JTEP), 42(1), 23–42.
  • Rosenthal, S. S., & Strange, W. C. (2004). Evidence on the nature and sources of agglomeration economies. In Handbook of regional and urban economics (Vol. 4, pp. 2119–2171).
  • Rouwendal, J. (2002). Indirect welfare effects of price changes and cost-benefit analysis. Retrieved from http://www.tinbergen.nl/discussionpaper/?paper=243.
  • Rus, G. D. (2009). Indirect effects and additional economic benefits. Madrid: Ministerio de Fomento.
  • SACTRA. (1999). Transport and the economy. Retrieved from London.
  • Strategic Highway Research Program. (2014). Development of tools for assessing wider economic benefits of transportation. SHRP2 Report S2-C11-RW-1. Retrieved from http://onlinepubs.trb.org/onlinepubs/shrp2/SHRP2_S2-C11-RW-1.pdf.
  • Trafikverket. (2014). Samhällsekonomiska principer och kalkylvärden för transportsektorn: ASEK 5.1 - Kapitel 17: Indirekta effekter utanför transportsektorn.
  • Transport Canada. (1994). Guide to benefit-cost analysis in transport Canada. Author.
  • Transport for New South Wales. (2013). Guidelines and principles for economic appraisal of transport investment and initiatives. Author.
  • Transport Scotland. (2008). Scottish transport appraisal guidance. Edinburgh: Author.
  • Transport Scotland. (2014). STAG technical database section 9 – economy. Edinburgh: Author.
  • Transportministeriet. (2003). Manual for samfundsøkonomisk analyse - anvendt metode og praksis på transportområdet. Copenhagen: Author.
  • Transportministeriet. (2015). Manual for samfundsøkonomisk analyse på transportområdet – Anvendt metode og praksis i Transportministeriet. Copenhagen: Author.
  • Treasury Board of Canada Secretariat. (2007). Canadian cost-benefit analysis guide: Regulatory proposals. Author.
  • US Department of Transport. (2012a). TIGER grant program: Benefit-cost analysis resource guide. Author.
  • US Department of Transport. (2012b). TIGER grants: Federal register notice of funding availability. Author.
  • Vegdirektoratet, S. V. (2014). Håndbok V172 Konsekvensanalyser. Oslo: Vegdirektoratet.
  • Venables, A. J. (2007). Evaluating urban transport improvements: Cost-benefit analysis in the presence of agglomeration and income taxation. Journal of Transport Economics and Policy, 41(2), 173–188.
  • Venables, A. J., Laird, J., & Overman, H. (2014). Transport investment and economic performance: Implications for project appraisal. Retrieved from https://www.gov.uk/government/publications/transport-investment-and-economic-performance-tiep-report.
  • Vickerman, R. (2007). Recent evolution of research into the wider economic benefits of transport infrastructure investments (Paper presented at the Discussion paper no. 9, 2007, International Transport Forum).
  • Vlaamse Overheid-Departement Mobiliteit en Openbare Werken, & RebelGroup Advisory Belgium nv. (2013a). Standaardmethodiek voor MKBA van transportinfrastructuur-projecten - Algemene leidraad.
  • Vlaamse Overheid-Departement Mobiliteit en Openbare Werken, & RebelGroup Advisory Belgium nv. (2013b). Standaardmethodiek voor MKBA van transportinfrastructuur-projecten - Kengetallenboek.
  • Wangsness, P. B., Rødseth, K. L., & Hansen, W. (2014). 22 lands retningslinjer for behandling av netto ringvirkninger i konsekvensutredninger: En litteraturstudie / Treatment on Wider Economic Benefits in Project Appraisals in 22 countries: A Literature Review. Retrieved from Oslo.
  • Weber, A. F. (1899). The growth of cities in the nineteenth century: A study in statistics. New York, NY: Publication for Columbia university by the Macmillan.
  • Weisbrod, G. (2013). International comparison of transport appraisal practice – Annex 5 US Country Report. Retrieved from https://www.gov.uk/government/publications/international-comparisons-of-transport-appraisal-practice.
  • Welde, M., Eliasson, J., Odeck, J., & Börjesson, M. (2013). Planprosesser, beregningsverktøy og bruk av nytte-kostnadsanalyser i vegsektor - En sammenligning av praksis i Norge og Sverige [Planning, analytic tools and the use of cost-benefit analysis in the transport sector in Norway and Sweden]. Retrieved from Trondheim.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.