Author: Publisher:
ISBN:
Category : Rural transit
Languages : en
Pages : 96
Book Description
Benefit-cost Analysis Framework for Evaluating Inter-city Transit Investment
Author: Economic Study to Establish a Cost-benefit Framework for the Evaluation of Various Types of Transit Investments
Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 173
Book Description
This report provides a comprehensive framework for applying Cost-Benefit Analysis to a wide range of prospective transit investments (both greenfield and expansion projects) as well as rehabilitation and maintenance work. The framework is applicable to various transit modes, including stage bus systems (local and express bus service in regular street operation); bus rapid transit (buses in various types of dedicated rights-of-way); light rail; heavy rail; commuter rail; and highway investment. The report is accompanied by a user-friendly framework. the computer tool permits Cost-Benefit Analysis to be performed with either default values or locally generated data. It is scaled to apply over the range of differently sized urban areas and over the range of variously sized projects. The details of the benefit-cost analysis framework are described including an examination of the different types of benefits and costs associated with transit investment projects. Various key points of the methodology related to highway investment evaluation, net present value and risk analysis are discussed. The report also provides an overview of the computer program to be used in the evaluation of transit and highway investment projects. The report then uses the computer model to evaluate three case studies: Winnipeg: Southwest Transit Corridor; Kelowna: New Bus Capacity; Toronto: Spadina Light Rail. The results for all three case studies include benefits associated with congestion management (time savings, vehicle operating costs, criteria air contaminants emission savings, GHG emission savings and accident savings), low income mobility and liveable communities. Project costs (capital, O & M) are presented and three summary statistics are given (net present value, benefit-cost ratio, internal rate of return.
The Benefits and Costs of Highway and Transit Investments
Author: Publisher: DIANE Publishing
ISBN: 9781422300541
Category : Business & Economics
Languages : en
Pages : 104
Book Description
The Evaluation of Transportation Investment Projects
Author: Joseph BerechmanPublisher: Routledge
ISBN: 1135214077
Category : Business & Economics
Languages : en
Pages : 514
Book Description
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.
A.I.D. Research and Development Abstracts
Author: Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 260
Book Description
Framework and Tools for Estimating Benefits of Specific Freight Network Investments
Author: Publisher: Transportation Research Board
ISBN: 0309213568
Category : Business & Economics
Languages : en
Pages : 133
Book Description
"This report provides a comprehensive analytical framework and related tools that private-sector freight transportation modes and public-sector transportation interests can use to estimate private and public benefits to evaluate potential freight infrastructure investments. Using interviews with transportation planners and an extensive review of prior research and a review of current methods used to assess freight benefits or prioritize improvement projects, the research developed a freight evaluation framework with three main functions: (1) to enhance public planning and decision-making processes regarding freight; (2) to supplement benefit/cost assessment with distributional impact measures; and (3) to advance public-private cooperation. The framework is capable of handling projects that span all of the different modes and able to assess benefits from a variety of project types, including those that improve freight operations, as well as generate more capacity through infrastructure expansion. The research, by developing a practical set of formats for information collection, will support public-private agency discussions by helping all parties understand the wide range of perspectives and interests in potential freight investments."--Pub. desc.
Introduction to Cost–Benefit Analysis
Author: Ginés de RusPublisher: Edward Elgar Publishing
ISBN: 1839103752
Category : Business & Economics
Languages : en
Pages : 256
Book Description
This thoroughly updated second edition incorporates key ideas and discussions on issues such as wider economic impacts, the treatment of risk, and the importance of institutional arrangements in ensuring the correct use of technique. Ginés de Rus considers whether public decisions, such as investing in high-speed rail links, privatizing a public enterprise or protecting a natural area, may improve social welfare.
Cost Benefit Framework and Model for the Evaluation of Transit and Highway Investments
Author: HLB Decision Economics, IncPublisher:
ISBN:
Category : Local transit
Languages : en
Pages : 163
Book Description
A Procedure for Evaluating Intangible Benefits from Public Investment in Transportation Facilities and Equipment
Author: Hoy A. RichardsPublisher:
ISBN:
Category : Cost effectiveness
Languages : en
Pages : 42
Book Description
Economic Evaluation of Transport Projects
Author: Ginés de RusPublisher: Springer Nature
ISBN: 3031359593
Category : Business & Economics
Languages : en
Pages : 124
Book Description
This book is a guide to the economic evaluation of transport policies and investment projects through cost-benefit analysis (CBA). It covers the CBA of transportation projects and policies, and introduces the fundamental concepts of CBA before considering their application in real-world settings. A distinct focus of the book is on the practical applications of CBA. It includes real-world examples of CBA, such as high-speed rail investment and the subsidization of air transport, which illustrate the importance of using a rigorous analytical framework to evaluate transport projects and policies. The primary objective of this book is to present a basic model for the evaluation of transport projects and policies, with explicit assumptions and practical evaluation rules derived from it. The rules and measurement criteria derived from this model are applied to the examples mentioned above. Overall, this book is an excellent resource for students, practitioners, and policymakers involved in transport economics and evaluation, as it provides a comprehensive understanding of the principles and applications of CBA in the transport sector.