Ex post socio-economic assessment of the Oresund Bridge

M.Aa. Knudsen and J. Rich

Transport Policy, 2013, vol. 27, issue C, 53-65

Abstract: The paper presents an ex post socio-economic assessment of the Oresund Bridge conducted ten years after the opening in July 2000. The study applies historical micro data to re construct the travel pattern with no bridge in place and compare this to the current situation. To complete the socio-economic assessment, the consumer benefits including all freight and passenger modes, are compared with the cost profile of the bridge. The monetary contributions are extrapolated to a complete 50 year period. It is revealed that the bridge from 2000–2010 generated a consumer surplus of €2 billion in 2000 prices discounted at 3.5% p.a., which should be compared with a total construction cost of approximately €4 billion. Seen over the 50 year period and by assuming a medium growth scenario the bridge is expected to generate an internal rate of return in the magnitude of 9% corresponding to a benefit-cost rate of 2.2.

Keywords: Ex post analysis; Socio-economic assessment; Consumer benefits; Infrastructure; Ex ante predictions (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:27:y:2013:i:c:p:53-65

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DOI: 10.1016/j.tranpol.2012.12.002

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