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The Evaluation of Transportation Investment Projects - Joseph Berechman

The Evaluation of Transportation Investment Projects

Buch | Hardcover
426 Seiten
2009
Routledge (Verlag)
978-0-415-77715-5 (ISBN)
CHF 159,95 inkl. MwSt
This book constructs a comprehensive and methodical economic, planning and decision-making framework for the evaluation of proposed transportation infrastructure investment projects, based on well-established theoretical principles.
Throughout the world, the use of some kind of a formal transportation project evaluation procedure is a requirement. Yet, by and large, these are partial; in fact, much weight is often placed on the initial -pre-engineering -phases of the planning process, when vital information, such as accurate costs and demand projections, is largely missing. Moreover, many of these procedures neglect to consider key issues such as project’s risks, capital costs financing, latent demand, market imperfections, labor force availability and various incompatibilities between trip rates, travel times and activity location. As a result, projects, which are judged as viable under such deficient evaluation schemes, may have had a significantly different projection of capital costs and demand should a well-founded, thorough, and efficient evaluation process be used.

Against this background, this book’s main objective is to construct a comprehensive and methodical economic, planning and decision-making framework for the evaluation of proposed transportation infrastructure investment projects. Such a framework is founded on four key principles. It is based on well-established economic, transportation and policy-analysis theoretical principles; it is comprehensive enough to encompass all relevant evaluation issues; it is applicable to a wide range of transportation investment projects; and it is amenable to empirical application including a sensitivity analysis and alternative scenarios regarding urban, regional and national developments.

City College of New York, USA

Preface. 1. Objectives, Scope and Structure. 2. The Policy Framework of Project Evaluation. 3. Welfare Foundations of Project Appraisal. 4. Transportation Benefits from Infrastructure Improvements. 5. Measuring the Costs of Transportation Investment Projects. 6. Methods of Project Cost-Benefit Analysis. 7. Traffic Flow, Congestion and Infrastructure Investment. 8. Measurement of Benefits from Transportation Improvements: Computational Issues. 9. Risk and Uncertainty in Transportation Project Evaluation. 10. Financing Transportation Investment Projects. 11. Transportation Improvements and Equity. 12. Environmental and Safety Externalities. 13. Transportation Investments and Economic Development. 14. Alternative Methods of Project Selection. 15. Why Are Inferior Transportation Investment Projects Selected? Notes. References. Index.

Erscheint lt. Verlag 9.7.2009
Reihe/Serie Routledge Advances in Management and Business Studies
Zusatzinfo 59 Tables, black and white; 35 Line drawings, black and white; 6 Halftones, black and white; 41 Illustrations, black and white
Verlagsort London
Sprache englisch
Maße 152 x 229 mm
Gewicht 950 g
Themenwelt Wirtschaft Betriebswirtschaft / Management Projektmanagement
ISBN-10 0-415-77715-1 / 0415777151
ISBN-13 978-0-415-77715-5 / 9780415777155
Zustand Neuware
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