The Round Table evaluated the relevance of research on the wider economic impacts of investments in transport infrastructure for the practice of project appraisal. This paper comprises the Round Table's presentations and discussions. The standard cost-benefit analysis of transport infrastructure...

The standard cost-benefit analysis of transport infrastructure investment projects weighs a project’s costs against users’ benefits. This approach has been challenged on the grounds that it ignores wider economic impacts of such projects. At this International Transport Forum Round Table,...

How should airports be regulated to contain market power? This round table proceedings first examines whether they need to be regulated at all. It concludes that because regulation is inevitably imperfect and costly, policy makers should establish conditions for competition to emerge between...

Economic growth, trade and the concentration of population in large cities will intensify demand for interurban transport services. Concurrently, the need to manage environmental impacts effectively will increase. How successful we are in coping with demand will depend on our ability to...