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Economic Valuation of Development Projects : A Case Study of a Non-Motorized Transport Project in India

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dc.contributor.authorWang, Hua
dc.contributor.authorFang, Ke
dc.contributor.authorShi, Yuyan
dc.date.accessioned2012-03-19T18:41:55Z
dc.date.available2012-03-19T18:41:55Z
dc.date.issued2010-09-01
dc.description.abstractOne of the major difficulties in doing cost-benefit analysis of a development project is to estimate the total economic value of project benefits, which are usually multi-dimensional and include goods and services that are not traded in the market. Challenges also arise in aggregating the values of different benefits, which may not be mutually exclusive. This paper uses a contingent valuation approach to estimate the economic value of a non-motorized transport project in Pune, India, across beneficiaries. The heads of households which are potentially affected by the project are presented with a detailed description of the project, and then are asked to vote on whether such a project should be undertaken given different specifications of costs to the households. The total value of the project is then derived from the survey answers. Econometric analysis indicates that the survey responses provide generally reasonable valuation estimates.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100916112820
dc.identifier.doi10.1596/1813-9450-5422
dc.identifier.urihttps://hdl.handle.net/10986/3906
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5422
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCIDENT RISKS
dc.subjectACCIDENTS
dc.subjectAIR
dc.subjectAIR POLLUTION
dc.subjectAIR QUALITY
dc.subjectAIR QUALITY IMPROVEMENTS
dc.subjectAIRCRAFT
dc.subjectAIRCRAFT NOISE
dc.subjectAIRPORT
dc.subjectAIRPORT EXPANSION
dc.subjectAUTO INDUSTRY
dc.subjectBENCHMARK
dc.subjectBICYCLES
dc.subjectBUS
dc.subjectBUSES
dc.subjectCAPACITY BUILDING
dc.subjectCARS
dc.subjectCONDITIONS FOR PEDESTRIANS
dc.subjectCONGESTION
dc.subjectCONSTRUCTION
dc.subjectCONTINGENT VALUATION
dc.subjectCOST-BENEFIT ANALYSES
dc.subjectCOST-BENEFIT ANALYSIS
dc.subjectCROSSWALK
dc.subjectCYCLE TRACKS
dc.subjectCYCLING
dc.subjectCYCLISTS
dc.subjectDESCRIPTION
dc.subjectDEVELOPMENT PROJECTS
dc.subjectDICHOTOMOUS CHOICE
dc.subjectDRIVING
dc.subjectDRIVING COSTS
dc.subjectECOLOGICAL ECONOMICS
dc.subjectECONOMETRIC ANALYSES
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMIC CONDITIONS
dc.subjectECONOMIC STATISTICS
dc.subjectECONOMIC THEORIES
dc.subjectECONOMIC VALUE
dc.subjectELASTICITIES
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL ECONOMICS
dc.subjectENVIRONMENTAL PROTECTION
dc.subjectENVIRONMENTAL PROTECTION AGENCY
dc.subjectENVIRONMENTAL QUALITY
dc.subjectENVIRONMENTAL SCIENCES
dc.subjectEQUALITY
dc.subjectEQUATIONS
dc.subjectEXPENDITURES
dc.subjectFEEDER ROADS
dc.subjectFEMALE
dc.subjectFOOTPATHS
dc.subjectFRAMEWORK
dc.subjectFUEL
dc.subjectFUEL EFFICIENCY
dc.subjectGENDER
dc.subjectHIGHWAY
dc.subjectHOUSEHOLDS
dc.subjectILLEGAL PARKING
dc.subjectINCENTIVE EFFECTS
dc.subjectINCOME
dc.subjectINCOME EFFECT
dc.subjectINCOME LEVELS
dc.subjectLABOR FORCE
dc.subjectLAND ECONOMICS
dc.subjectLANES
dc.subjectMARKET PRICES
dc.subjectMAXIMUM LIKELIHOOD ESTIMATION
dc.subjectMOTOR VEHICLE
dc.subjectMOTOR VEHICLE USERS
dc.subjectMOTORISTS
dc.subjectNMT
dc.subjectNONMOTORIZED TRANSPORT
dc.subjectNORMAL GOOD
dc.subjectPAVEMENT
dc.subjectPAVEMENTS
dc.subjectPAVING
dc.subjectPEAK HOURS
dc.subjectPEDESTRIAN
dc.subjectPOLLUTION
dc.subjectPOPULATION DENSITY
dc.subjectPUBLIC TRANSIT
dc.subjectPUBLIC TRANSPORT
dc.subjectPUBLIC TRANSPORT SYSTEM
dc.subjectPUBLIC TRANSPORTATION
dc.subjectRAPID TRANSIT
dc.subjectRIGHT OF WAY
dc.subjectROAD
dc.subjectROAD CONDITIONS
dc.subjectROAD CONGESTION
dc.subjectROAD CONSTRUCTION
dc.subjectROAD MARKINGS
dc.subjectROAD NETWORK
dc.subjectROAD PRICING
dc.subjectROAD SPACE
dc.subjectROAD SURFACE
dc.subjectROADS
dc.subjectROADWAY
dc.subjectROADWAYS
dc.subjectRURAL TRANSIT
dc.subjectSAFETY
dc.subjectSHARING
dc.subjectSIGNAGE
dc.subjectSIGNS
dc.subjectSLUM
dc.subjectSTOPPING DISTANCE
dc.subjectSTREETS
dc.subjectSTRICTER ENFORCEMENT
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTOTAL ECONOMIC VALUE
dc.subjectTRAFFIC
dc.subjectTRAFFIC ACCIDENT
dc.subjectTRAFFIC CONGESTION
dc.subjectTRAFFIC CONTROL
dc.subjectTRAFFIC SIGNALS
dc.subjectTRAFFIC SITUATION
dc.subjectTRANSPORT
dc.subjectTRANSPORT ECONOMICS
dc.subjectTRANSPORT ECONOMISTS
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectTRANSPORT MODES
dc.subjectTRANSPORT PROJECTS
dc.subjectTRANSPORT SECTOR
dc.subjectTRANSPORT SERVICE
dc.subjectTRANSPORT SYSTEM
dc.subjectTRANSPORTATION
dc.subjectTRANSPORTATION COST
dc.subjectTRANSPORTATION IMPROVEMENT
dc.subjectTRANSPORTATION INFRASTRUCTURE
dc.subjectTRANSPORTATION PROBLEMS
dc.subjectTRANSPORTATION RESEARCH
dc.subjectTRANSPORTATION SYSTEM
dc.subjectTRIPS
dc.subjectTRUE
dc.subjectUNDERPASSES
dc.subjectURBAN DEVELOPMENT
dc.subjectURBAN SPRAWL
dc.subjectURBAN TRANSPORT
dc.subjectVEHICLE
dc.subjectVEHICLE EMISSION
dc.subjectVEHICLE NOISE
dc.subjectVEHICLES
dc.subjectWALKING
dc.subjectWALKING DISTANCE
dc.subjectWILLINGNESS TO PAY
dc.subjectWTP
dc.titleEconomic Valuation of Development Projects : A Case Study of a Non-Motorized Transport Project in Indiaen
dspace.entity.typePublication
okr.crossref.titleEconomic valuation of development projects : a case study of a non-motorized transport project in India
okr.date.disclosure2010-09-01
okr.date.doiregistration2025-04-10T11:42:29.032005Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100916112820
okr.globalpracticeTransport and ICT
okr.guid396771468260071807
okr.identifier.doi10.1596/1813-9450-5422
okr.identifier.externaldocumentum000158349_20100916112820
okr.identifier.internaldocumentum12766658
okr.identifier.reportWPS5422
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/09/16/000158349_20100916112820/Rendered/PDF/WPS5422.pdfen
okr.region.administrativeSouth Asia
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.region.geographicalSouth Asia
okr.region.geographicalAsia
okr.sectorWater supply,Solid waste management,Media,Health,General public administration sector
okr.sectorWater, sanitation and flood protection,Information and communications,Health and other social services,Public Administration, Law, and Justice
okr.topicRoads and Highways
okr.topicTransport
okr.unitDevelopment Research Group (DECRG)
okr.unitDECRG: Agriculture & Rural Devt. (DECAR)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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