This paper describes a parsimonious approach to the economic analysis of transportation investments. In a gravity model of trade, project benefits may be summarized by a money metric for the change in market access experienced by all cities due to the investment. This metric is equivalent to the...

Disruption of infrastructure services can cause significant social and economic losses, particularly in the event of a natural disaster. The World Bank Group and the Government of Japan established the Quality Infrastructure Investment Partnership to focus attention on the quality dimensions of...