Consequences of differences in cost-benefit methodology in railway infrastructure appraisal—A comparison between selected countries

Nils O.E. Olsson, Andreas Økland and Siri B. Halvorsen

Transport Policy, 2012, vol. 22, issue C, 29-35

Abstract: This paper presents the cost-benefit methodology used in the appraisal of railway infrastructure in Norway, Sweden, Denmark, the UK, France, Germany and Switzerland. The consequences of differences in methodology are illustrated by a case-study undertaken with the methodology from each of the seven countries. Differences in methodology means that results from the analyses are far from similar. The case project has a positive net present value based on Swiss and British methodology, but negative net present value using methodology from any of the other five countries.

Keywords: Cost-benefit analysis; Railway infrastructure; Project appraisal; National methodology (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:22:y:2012:i:c:p:29-35

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DOI: 10.1016/j.tranpol.2012.03.005

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