1st Edition

The Evaluation of Transportation Investment Projects

By Joseph Berechman Copyright 2009
22 Pages 41 B/W Illustrations
by Routledge

448 Pages 41 B/W Illustrations
by Routledge

448 Pages 41 B/W Illustrations
by Routledge

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... Read more

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.

Biography

Joseph Berechman

'Berechman has written a technically sound and highly practical guide that could substantially improve the quality of assessments of transportation investment projects.' Jonathan Gifford (George Mason University, USA)