Publication: Low Volume Rural Roads
The objective of this note is to advise on an appropriate economic appraisal methodology that should be used for the assessment of Low Volume Rural Roads - that is roads upon which less than 200 motorized vehicles per day travel. Section 1 of this note sets out the reasons that Low Volume Rural Roads require a slightly different consideration from other transport projects. Section 2 discusses the approaches to economic evaluation that can be used for low volume rural roads, whilst Section 3 presents the manner that the consumer surplus method can be extended to account for the characteristics of low volume rural roads. Section 4 contains a summary of the main points of the note.
“Mackie, Peter; Nellthorp, John; Laird, James. 2005. Low Volume Rural Roads. Transport Notes Series; No. TRN 21. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/11805?show=full License: CC BY 3.0 IGO.”