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The Eje Vial del Cono Sur is a project to develop a road in Uruguay from Colonia to Rio Branco on the northern border … Aires in Argentina and Sao Paulo in Brazil. The implementation of this project depends on the construction of a bridge to … Highway would be a toll road. The initial plan of the government of Uruguay is to award a concession to a domestic investor to …
Persistent link: https://www.econbiz.de/10010958970
In this paper we provide estimates of the effects of international transport costs on firms’ exports and disentangle the channels of these effects. In so doing, we use a unique dataset consisting of highly disaggregated transaction-level trade and transport cost data and, in order to account...
Persistent link: https://www.econbiz.de/10011041869
We estimate benefits that have resulted from extensions to Auckland's Northern Motorway since 1991. Population and employment rose substantially in locations near the new exits and to the north of the motorway extension, relative to developments elsewhere on the North Shore and in the broader...
Persistent link: https://www.econbiz.de/10012724061
In this paper we consider the experience of transport and environmental evaluation in the framework of the Cohesion Fund, established by the EU in 1993 to co-finance through grants infrastructure projects in Spain, Portugal, Ireland and Greece, and more recently in the new Member States. We...
Persistent link: https://www.econbiz.de/10012737166
We develop a framework for assessing the net benefits of investments to promote bicycling, which explicitly accounts for internal costs of bicycling. We apply our model to eight Swiss cities using data from the Swiss national travel survey and find that increasing the level of bicycling by...
Persistent link: https://www.econbiz.de/10011276123
A number of highly cited papers by Flyvbjerg and associates have shown that ex ante infrastructure appraisals tend to be overly optimistic. Ex post evaluations indicate a bias where investment costs are higher and benefits lower on average than predicted ex ante. These authors argue that the...
Persistent link: https://www.econbiz.de/10011258650
Economic calculation, and especially cost benefit analysis (Coba), is more and more criticised and accused to be technocratic and partial, leading to a narrow view of projects. An example of this loss of credibility is the New Approach To Appraisal (NATA), implemented in Great Britain at the end...
Persistent link: https://www.econbiz.de/10005078902
Standard conditions of usage of public cost-benefit analysis are no longer met to-day in the field of infrastructure projects, for instance for transportation and other networks. When environmental conflicts are at stake, such a tool is no longer supporting both a decisionmaking process aiming...
Persistent link: https://www.econbiz.de/10005078927
Over the past twenty years, the growth in the use of ppps for news infrastructures did not knock down the bases of public economics. This article examines, however, in which measure it is advisable to modify the use of the cost-benefit analysis by the public authorities in the case of ppps, in...
Persistent link: https://www.econbiz.de/10009319078
We explore how benefit-cost efficiency and electoral support affect road investment decisions in Sweden and Norway. In Norway, neither benefits nor costs seem to affect project selection. In Sweden, civil servants’ decisions are strongly affected by projects’ benefit-cost ratios, with a...
Persistent link: https://www.econbiz.de/10010757801