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Estimating the Benefits and Costs of Public Transit Projects

Estimating the Benefits and Costs of Public Transit Projects PDF Author: ECO Northwest, Ltd
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 162

Book Description
This report provides a valuable resource for people who have the difficult and often cumbersome responsibility of analyzing the benefits and costs of public transportation services and presenting the results of these analyses to decisionmakers, the media, and the public. Section I explains how to use the guidebook and provides an overview of benefit-cost evaluation concepts and their application to transit projects. Section II addresses the basic benefits and costs of transit projects, including impacts on travel, secondary impacts on the environment and safety, and the direct costs and revenues of transit projects. Section III discusses other benefits and costs of transit projects, including impacts on land use and land development, economic impacts, and the distribution of impacts. Section IV provides an example with sample analyses. Section V consists of four appendices that provide a bibliography, integrated models for conducting comprehensive benefit-cost analysis, sample calculations, and conversion factors for calculating constant dollars.

Estimating the Benefits and Costs of Public Transit Projects

Estimating the Benefits and Costs of Public Transit Projects PDF Author: ECO Northwest, Ltd
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 162

Book Description
This report provides a valuable resource for people who have the difficult and often cumbersome responsibility of analyzing the benefits and costs of public transportation services and presenting the results of these analyses to decisionmakers, the media, and the public. Section I explains how to use the guidebook and provides an overview of benefit-cost evaluation concepts and their application to transit projects. Section II addresses the basic benefits and costs of transit projects, including impacts on travel, secondary impacts on the environment and safety, and the direct costs and revenues of transit projects. Section III discusses other benefits and costs of transit projects, including impacts on land use and land development, economic impacts, and the distribution of impacts. Section IV provides an example with sample analyses. Section V consists of four appendices that provide a bibliography, integrated models for conducting comprehensive benefit-cost analysis, sample calculations, and conversion factors for calculating constant dollars.

User and Non-user Benefit Analysis for Highways

User and Non-user Benefit Analysis for Highways PDF Author:
Publisher: American Association of State Highway & Transportation Officials
ISBN: 9781560514671
Category : Roads
Languages : en
Pages :

Book Description
This document updates and expands the American Association of State Highway and Transportation Officials (AASHTO) User Benefit Analysis for Highways, also known as the Red Book. This AASHTO publication helps state and local transportation planning authorities evaluate the economic benefits of highway improvements. This update incorporates improvements in user-benefit calculation methods and, for the first time, provides guidance for evaluating important non-user impacts of highways. Previous editions of the Red Book provided guidance regarding user benefit measurement only. This update provides a framework for project evaluations that accurately account for both user and non-user benefits. The manual and accompanying CD-ROM provide a valuable resource for people who analyze the benefits and costs of highway projects.

The Evaluation of Transportation Investment Projects

The Evaluation of Transportation Investment Projects PDF Author: Joseph Berechman
Publisher: 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.

Benefit-cost Analysis Framework for Evaluating Inter-city Transit Investment

Benefit-cost Analysis Framework for Evaluating Inter-city Transit Investment PDF Author:
Publisher:
ISBN:
Category : Rural transit
Languages : en
Pages : 96

Book Description


Highway and transit investments options for improving information on projects' benefits and costs and increasing accountability for results : report to congressional committees.

Highway and transit investments options for improving information on projects' benefits and costs and increasing accountability for results : report to congressional committees. PDF Author:
Publisher: DIANE Publishing
ISBN: 1428931139
Category :
Languages : en
Pages : 92

Book Description
Projections of future passenger and freight travel suggest that increased levels of investment may be needed to maintain the current levels of mobility provided by the nation's highway and transit systems. However, calls for greater investment in transportation come amid growing concerns about fiscal imbalances at all levels of the government. As a result, careful decisions will need to be made to ensure that transportation investments maximize the benefits of each federal dollar invested. In this report GAO identifies (1) the categories of benefits and costs that can be attributed to new highway and transit investments and the challenges in measuring them; (2) how state, local, and regional decision makers consider the benefits and costs of new highway and transit investments when comparing alternatives; (3) the extent to which investments meet their projected outcomes; and (4) options to improve the information available to decision makers. To address these objectives, we convened an expert panel, surveyed state departments of transportation and transit agencies, and conducted site visits to five metropolitan areas that had both a capacity-adding highway project and transit project completed within the last 10 years. DOT generally agreed with the report's findings and offered technical comments, which were incorporated as appropriate.

Framework and Tools for Estimating Benefits of Specific Freight Network Investments

Framework and Tools for Estimating Benefits of Specific Freight Network Investments PDF 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.

Policy and Planning for Large Infrastructure Projects

Policy and Planning for Large Infrastructure Projects PDF Author: Bent Flyvbjerg
Publisher: World Bank Publications
ISBN:
Category : Economic development projects
Languages : en
Pages : 32

Book Description
Abstract: "This paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects. First, it identifies as the main problem in major infrastructure development pervasive misinformation about the costs, benefits, and risks involved. A consequence of misinformation is massive cost overruns, benefit shortfalls, and waste. Second, the paper explores the causes of misinformation and finds that political-economic explanations best account for the available evidence: planners and promoters deliberately misrepresent costs, benefits, and risks in order to increase the likelihood that it is their projects, and not the competition's, that gain approval and funding. This results in the "survival of the unfittest," where often it is not the best projects that are built, but the most misrepresented ones. Finally, the paper presents measures for reforming policy and planning for large infrastructure projects, with a focus on better planning methods and changed governance structures, the latter being more important."--World Bank web site.

Parking Cash Out

Parking Cash Out PDF Author:
Publisher:
ISBN:
Category : Automobile parking
Languages : en
Pages : 8

Book Description


Highway and Transit Investments

Highway and Transit Investments PDF Author: United States. Government Accountability Office
Publisher:
ISBN:
Category : Roads
Languages : en
Pages : 100

Book Description


Economic Impact Analysis of Transit Investments

Economic Impact Analysis of Transit Investments PDF Author: Cambridge Systematics
Publisher: Transportation Research Board
ISBN: 9780309062671
Category : Local transit
Languages : en
Pages : 200

Book Description
This report will be of interest to transportation economists and other analysts to assist them in selecting methods to conduct economic impact analyses of transit investments. Although the primary goal of public transportation investments is to improve mobility, economic benefits are also important to transit investment decisions. Consequently, it is important that reliable and defensible analytic methods are used to support decisionmaking.