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Source OECD iLibrary
Content type Text
Publisher OECD Publishing
Language English
Subject Domain (in DDC) Social sciences ♦ Commerce, communications & transportation ♦ Transportation; ground transportation
Subject Keyword Transport
Abstract This paper summarizes and organizes presentations and discussions of the Round Table on Macro-, Meso and Micro Infrastructure Planning and Assessment Tools, which took place at Boston University, on 25 and 26 October 2007. The goal of the meeting was to investigate how recent research on direct and wider economic impacts of investment in transport infrastructure can be used to improve the practice of transport project appraisal. While the potential importance of "wider benefits" is clear, it is less obvious that attempts to quantify them should be part of all project appraisals. Timely availability of results of simpler approaches might improve the quality of decision-making just as much. And when wider impacts are part of the appraisal, their quantification should follow consistent procedures. Policy-oriented research should focus on these procedures, not on producing general results, as the latter are thought to be irrelevant to policy, to the extent they exist.
Learning Resource Type Chapter
Publisher Date 2008-07-08
Organization OECD ♦ ITF
Page Count 28
Starting Page 7
Ending Page 25

Source: OECD iLibrary