Title:	Impact of Transport Infrastructure Investment on Regional Development
Authors:	Michael Walsh
Keywords:	Impact of Transport
Issue Date:	2002
Publisher:	OECD
Description:	Faced with increased constraints in financing transport infrastructure, Governments need evaluation methods for project appraisals which enable their resources to be allocated in the most efficient way, i.e. with maximum net return to society as a whole. The application of cost benefit analysis (CBA) in OECD Member countries for this purpose has tended to concentrate on the direct user benefits of transport. However, it has been suggested that transport infrastructure investment has wider impacts on regional development, which range beyond direct user benefits, and these should also be taken into account in order to ensure efficient allocation of resources. The report summarises comprehensive study on current evaluation studies in OECD Member countries with an aim to find empirical evidence on wider impacts of transport infrastructure investment on regional development and to develop guidance for governments and transport administrations on how to identify such impacts and include them in appraisal methodologies.
URI:	http://10.6.20.12:80/handle/123456789/54751
ISBN:	92-64-19579-1
Appears in Collections:	Regional and Local Development Studies

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