What characterises road projects with positive net benefit-cost ratios? Insights from Norway and Sweden
James Odeck,
Maria Börjesson,
Johanna Jussila Hammes,
Gro Holst Volden and
Morten Welde
Transport Policy, 2025, vol. 166, issue C, 202-213
Abstract:
•The front-end of projects is crucial for selecting the right project for appraisal.•Identifying factors for early detection of economically viable projects can increase social welfare.•Positive net benefit-cost projects have high traffic, population density, and income levels.•Smaller projects have a higher net benefit-cost ratio than larger ones.
Date: 2025
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DOI: 10.1016/j.tranpol.2025.03.008
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