Quantifying the Socio-Economic Benefits of Transport: Roundtable Summary and Conclusions
Socio-economic cost-benefit analysis (CBA) is a powerful framework that can be very useful to governments making investment decisions. However the standard application of transport CBA has room for improvement. This paper describes efforts to improve the quality of transport CBA and its applicabilit...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2016
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| Schriftenreihe: | International Transport Forum Discussion Papers
no.2016/06 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Socio-economic cost-benefit analysis (CBA) is a powerful framework that can be very useful to governments making investment decisions. However the standard application of transport CBA has room for improvement. This paper describes efforts to improve the quality of transport CBA and its applicability to decision making. Three areas are addressed in detail: strategies for making the most of CBA, valuing and forecasting reliability benefits, and capturing wider economic impacts. The report is based on the papers and discussions at a Roundtable meeting of 30 experts held in Paris in November 2015. Roundtable participants took the view that a multi-faceted approach is needed to address the shortfalls; CBA theory and practice need to be gradually expanded to incorporate more impacts in the rigorous valuation and forecasting framework; and CBA results need to be more effectively linked to other criteria in the broader decision-making framework, including by bringing in a more diverse evidence base. |
| Beschreibung: | 1 Online-Ressource (30 p.) |
| DOI: | 10.1787/5f2b8451-en |
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| spelling | Veryard, Daniel VerfasserIn aut Quantifying the Socio-Economic Benefits of Transport Roundtable Summary and Conclusions Daniel, Veryard Paris OECD Publishing 2016 1 Online-Ressource (30 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier International Transport Forum Discussion Papers no.2016/06 Socio-economic cost-benefit analysis (CBA) is a powerful framework that can be very useful to governments making investment decisions. However the standard application of transport CBA has room for improvement. This paper describes efforts to improve the quality of transport CBA and its applicability to decision making. Three areas are addressed in detail: strategies for making the most of CBA, valuing and forecasting reliability benefits, and capturing wider economic impacts. The report is based on the papers and discussions at a Roundtable meeting of 30 experts held in Paris in November 2015. Roundtable participants took the view that a multi-faceted approach is needed to address the shortfalls; CBA theory and practice need to be gradually expanded to incorporate more impacts in the rigorous valuation and forecasting framework; and CBA results need to be more effectively linked to other criteria in the broader decision-making framework, including by bringing in a more diverse evidence base. Transport FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5f2b8451-en Volltext |
| spellingShingle | Veryard, Daniel Quantifying the Socio-Economic Benefits of Transport Roundtable Summary and Conclusions Transport |
| title | Quantifying the Socio-Economic Benefits of Transport Roundtable Summary and Conclusions |
| title_auth | Quantifying the Socio-Economic Benefits of Transport Roundtable Summary and Conclusions |
| title_exact_search | Quantifying the Socio-Economic Benefits of Transport Roundtable Summary and Conclusions |
| title_full | Quantifying the Socio-Economic Benefits of Transport Roundtable Summary and Conclusions Daniel, Veryard |
| title_fullStr | Quantifying the Socio-Economic Benefits of Transport Roundtable Summary and Conclusions Daniel, Veryard |
| title_full_unstemmed | Quantifying the Socio-Economic Benefits of Transport Roundtable Summary and Conclusions Daniel, Veryard |
| title_short | Quantifying the Socio-Economic Benefits of Transport |
| title_sort | quantifying the socio economic benefits of transport roundtable summary and conclusions |
| title_sub | Roundtable Summary and Conclusions |
| topic | Transport |
| topic_facet | Transport |
| url | https://doi.org/10.1787/5f2b8451-en |
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