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,...