 Workshop 6 report: Wider impacts of public transport and successful implementation of desirable and beneficial projectsChristo Venter and Wai Yan Leong Research in Transportation Economics, 2018, vol. 69, issue C, 489-493 Abstract: This paper synthesizes evidence from Workshop 6 ‘Wider impacts of public transport and successful implementation of desirable and beneficial projects’ of the 15th International Conference on Competition and Ownership in Land Passenger Transport. The purpose of the workshop was to consider recent advances in identifying, understanding, and measuring the wider impacts of public transport, defined as those not typically included in assessments of direct user and system costs and benefits. While not all impacts are as yet well understood, progress is being made both conceptually and methodologically. A promising methodological convergence is apparent between disciplines dealing with different aspects of the social value of transport – for instance psychology and geography – and between different possibly overlapping definitions of wider impacts – such as accessibility, option value, and agglomeration benefits. The workshop also delved more deeply into the role of Cost-Benefit Analysis (CBA) and wider impact assessment in decision making. Case studies show that CBA does not inform decisions around project implementation as deeply as it might, and that assessments of wider benefits may open up space for manipulation of outcomes by vested interests. The workshop concluded that more work is needed on appraisal frameworks that are sufficiently transparent and rigorous to avoid abuse, and called for more case studies on the interaction between impact assessment and the political economy of institutions and decision makers. Keywords: Social impacts of transport; Accessibility; Cost benefit analysis; Appraisal; Option value; Agglomeration benefits (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:retrec:v:69:y:2018:i:c:p:489-493 Ordering information: This journal article can be ordered from DOI: 10.1016/j.retrec.2018.08.006 Access Statistics for this article Research in Transportation Economics is currently edited by M. Dresner More articles in Research in Transportation Economics from Elsevier |
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