Publication:
Notes on the Economic Evaluation of Transport Projects

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dc.contributor.authorMackie, Peter
dc.contributor.authorNellthorp, John
dc.contributor.authorLaird, James
dc.date.accessioned2012-08-13T16:02:13Z
dc.date.available2012-08-13T16:02:13Z
dc.date.issued2005-01
dc.description.abstractIn response to many requests for help in the application of both conventional cost benefit analysis in transport and addressing of the newer topics of interest, we have prepared a series of Economic Evaluation Notes that provide guidance on some of issues that have proven more difficult to deal with. The Economic Evaluation Notes are arranged in three groups. The first group (TRN-6 to TRN-10) provides criteria for selection a particular evaluation technique or approach; the second (TRN-11 to TRN-17) addresses the selection of values of various inputs to the evaluation, and the third (TRN-18 to TRN-26) deals with specific problematic issues in economic evaluation. The Notes are preceded by a Framework (TRN-5), that provides the context within which we use economic evaluation in the transport sector. Economic evaluation involves the assessment of the net value of projects and policies. In the transport sector we value projects in terms of their net worth, the difference between the value of their benefits and their costs, both measured so far as is possible in terms of monetary units. This disarmingly simple statement leads to many questions; evaluation by whom, for whom, from what perspective, at what stage. One of the features of transport decisions is that they typically impact on many parties - transport operators, individual transport users, local residents and businesses, land and property owners, national and local taxpayers.en
dc.identifierhttp://documents.worldbank.org/curated/en/2005/01/6370917/notes-economic-evaluation-transport-projects
dc.identifier.doi10.1596/11791
dc.identifier.urihttps://hdl.handle.net/10986/11791
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesTransport Notes Series; No. TRN-5
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCIDENTS
dc.subjectAIR POLLUTION
dc.subjectALTERNATIVE USE
dc.subjectASSETS
dc.subjectBASE YEAR
dc.subjectBENEFIT STREAMS
dc.subjectBRIDGE
dc.subjectBUS
dc.subjectBUSES
dc.subjectCAR OWNERSHIP
dc.subjectCAR USERS
dc.subjectCOMMUTING
dc.subjectCONSUMER SURPLUS
dc.subjectCONSUMERS
dc.subjectCOST BENEFIT ANALYSIS
dc.subjectCOST EFFECTIVENESS
dc.subjectCOST EFFECTIVENESS ANALYSIS
dc.subjectCOST PER TRIP
dc.subjectCOST SAVINGS
dc.subjectDEBT
dc.subjectDECISION MAKING
dc.subjectDEMAND CURVE
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDISCLOSURE
dc.subjectDISCOUNT RATE
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC APPRAISAL
dc.subjectECONOMIC ASSUMPTIONS
dc.subjectECONOMIC EVALUATION
dc.subjectECONOMIC FORECASTS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC IMPACT
dc.subjectECONOMIC JUSTIFICATION
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC RATE OF RETURN
dc.subjectECONOMIC VALUE
dc.subjectECONOMIC WELFARE
dc.subjectECONOMICS
dc.subjectEMPLOYMENT
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL IMPACTS
dc.subjectEQUILIBRIUM
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURES
dc.subjectEXTERNALITIES
dc.subjectEXTERNALITY
dc.subjectFARES
dc.subjectFORECASTS
dc.subjectFRAMEWORK
dc.subjectFUEL
dc.subjectGDP
dc.subjectGENERATED TRAFFIC
dc.subjectGROWTH RATE
dc.subjectHUMAN BEHAVIOUR
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINSURANCE
dc.subjectINTERNAL RATE OF RETURN
dc.subjectJOURNEY
dc.subjectLEISURE
dc.subjectMARGINAL COST
dc.subjectMARKET DISTORTIONS
dc.subjectMARKET PRICES
dc.subjectMASS TRANSIT
dc.subjectMODE OF TRANSPORT
dc.subjectMODES OF TRANSPORT
dc.subjectNET BENEFITS
dc.subjectNET PRESENT VALUE
dc.subjectNET WORTH
dc.subjectNMT
dc.subjectNOISE
dc.subjectOPPORTUNITY COST
dc.subjectOPPORTUNITY COSTS
dc.subjectPASSENGER
dc.subjectPEDESTRIANS
dc.subjectPERFECT COMPETITION
dc.subjectPOLICY DECISIONS
dc.subjectPOLLUTION
dc.subjectPOVERTY ALLEVIATION
dc.subjectPRESENT VALUE
dc.subjectPUBLIC TRANSPORT
dc.subjectPUBLIC TRANSPORT USERS
dc.subjectQUALITY ASSESSMENT
dc.subjectRAILWAYS
dc.subjectROAD INFRASTRUCTURE
dc.subjectROUTES
dc.subjectROUTINE MAINTENANCE
dc.subjectRURAL ROADS
dc.subjectSAFETY
dc.subjectSAFETY ISSUES
dc.subjectSAVINGS
dc.subjectSETTING OUT
dc.subjectSHADOW PRICES
dc.subjectSTREAMS
dc.subjectTAX REVENUE
dc.subjectTAXATION
dc.subjectTOLL ROAD PROJECTS
dc.subjectTOLL ROADS
dc.subjectTOTAL COSTS
dc.subjectTOTAL ECONOMIC VALUE
dc.subjectTOTAL REVENUE
dc.subjectTRAFFIC
dc.subjectTRAFFIC GROWTH
dc.subjectTRANSPORT
dc.subjectTRANSPORT ECONOMICS
dc.subjectTRANSPORT IMPROVEMENTS
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectTRANSPORT INVESTMENT
dc.subjectTRANSPORT OPERATORS
dc.subjectTRANSPORT PROJECTS
dc.subjectTRANSPORT SECTOR
dc.subjectTRANSPORT SERVICES
dc.subjectTRANSPORT SYSTEM
dc.subjectTRANSPORTATION
dc.subjectTRAVEL TIME
dc.subjectTRIP GENERATION
dc.subjectTRIP PURPOSE
dc.subjectTRIPS
dc.subjectURBAN DEVELOPMENT
dc.subjectURBAN MASS TRANSIT
dc.subjectUSER BENEFITS
dc.subjectUSER CHARGES
dc.subjectVALUE OF TIME
dc.subjectVEHICLE OPERATING COSTS
dc.subjectVEHICLES
dc.subjectWAGE RATES
dc.subjectWAGES
dc.subjectWILLINGNESS TO PAY
dc.subjectWTP
dc.titleNotes on the Economic Evaluation of Transport Projectsen
dspace.entity.typePublication
okr.date.doiregistration2025-04-29T09:16:29.607638Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2005/01/6370917/notes-economic-evaluation-transport-projects
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeGovernance
okr.globalpracticeTransport and ICT
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeTransport and ICT
okr.guid360501468327922938
okr.identifier.externaldocumentum000012009_20051026130555
okr.identifier.internaldocumentum6370917
okr.identifier.report33926
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/10/26/000012009_20051026130555/Rendered/PDF/339260rev.pdfen
okr.topicUrban Development::Transport in Urban Areas
okr.topicUrban Development::Municipal Financial Management
okr.topicRoads and Highways
okr.topicEconomic Theory and Research
okr.topicEnvironmental Economics and Policies
okr.topicMacroeconomics and Economic Growth
okr.topicEnvironment
okr.topicTransport
okr.unitTransport Unit (ETWTR)
okr.volume1 of 1
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