Wider economic benefits in road project appraisals

Reference no: EM132613994 , Length: word count:4000

Title: Developing a framework for inclusion of Wider Economic Benefits in Road Project Appraisals.

Research line:Data analysis, Economic Evaluation, Wider Economic Benefits.

Background: Traditionally when evaluating road investment schemes, the focus has been on the road agency costs and the road user costs. However, it is recognised that the benefits and costs of road investment has a broader economic effect.

Project objective(s):

• To review the current literature on the wider economic benefits of road investment.

• Identify the broad range benefits and costs associated with different road investment scheme and define a schema to classify these.

• Identify how such wider economic benefits could be demonstrated through example case studies the impact on a project evaluation.

Requirement.

4000 words.

You can use articles attached.

Article 1: Estimating the benefits of joint occupation for street works in the UK by Joshua Moran, Michael P. N. Burrow and Mehran Eskandari Torbaghan

Article 2: Costs and benefits of highway resurfacing: a case study of Interstate 465 in Indiana, USA by Saeed Alqadhi, Sikai Chen, Seyed Ali Ghahari, Matthew Volovski and Wubeshet Woldemariam

Article 3: Evaluating Public Transit Benefits and Costs Best Practices Guidebook by Todd Litman

Article 4: Quantifying the Socio-economic Benefits of Transport

Reference no: EM132613994

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