The Distribution of Benefits in Road-Investment Appraisal
Bibliographic Data
| ID | 4142291 |
|---|---|
| Authors | John S Dodgson (University of Liverpool, corresponding author) |
| Year | 1978 |
| Volume | 10 |
| Issue | 1 |
| Pages | 3-15 |
| Publication date | 1978-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Planning A Economy and Space (JOURNAL) |
| Journal identifiers | ISSN: 0308-518X • E-ISSN: 1472-3409 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1068/a100003 |
| OpenAlex | W2025987258 |
| Language | EN |
| References cited | 5 |
This paper discusses the problems involved in allowing for distributional considerations in road-investment appraisal. The first part demonstrates how existing traffic models can be modified in order to evaluate the distributional impact of benefits to leisure-time travellers in different income groups and different areas. In addition, it outlines the difficulties involved in estimating the distributional impact of benefits to travellers in working time, of freight-traffic benefits, and of accident benefits. The second part of the paper discusses the alternative approach of allowing for distributional considerations at the sector level, rather than at the individual project level. A model for determining a cut-off benefit-cost ratio for projects with particular distributional consequences is outlined, and is illustrated by reference to interurban road-investment planning in the United Kingdom
Business · Cost–benefit analysis · Economic appraisal · Economics · Interurban · Operations research · Political science · Public economics · Transport engineering · Engineering · Transportation Planning and Optimization · Urban and Freight Transport Logistics · Urban Transport and Accessibility · Finance
| Highly cited | No |
|---|