Evaluation Methods for Rail Transit Projects
Robert A. Johnston and
Mark A. DeLuchi
University of California Transportation Center, Working Papers from University of California Transportation Center
Abstract:
The demand for rail transit funds greatly exceeds available monies. Worse, there is wide-spread disagreement over the wisdom of building rail systems in American cities. The Urban Mass Transportation Administration’s (UMTA’s) transit analysis methods have relied on cost-effectiveness measures with little attention devoted to the analysis of economic efficiency. We survey the literature on transportation evaluation and propose a model method based on economic theory and on practice in other federal agencies. We review UMTA’s past methods and recommend changes.
Keywords: Social; and; Behavioral; Sciences (search for similar items in EconPapers)
Date: 1989-06-01
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:cdl:uctcwp:qt3s89711q
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