The relevance of Dupuit in the 21st century

Roger Vickerman

Transport Policy, 2018, vol. 70, issue C, 69-70

Abstract: This short note considers the issues raised by Rothengatter's paper and discusses their implications for the way major transport infrastructure investments are appraised today. Using examples from some recent UK appraisals it focuses on the question of the difference between the marginal assumptions used as the basis of most cost-benefit analysis and the step changes implicit in large scale infrastructure projects. Further it looks at the extent to which wider economic impacts can be assimilated into appraisal rather than being treated as an add-on to conventional CBA.

Keywords: Cost-benefit analysis; Infrastructure appraisal; Wider economic impacts; Marginal analysis (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0967070X18303408
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:70:y:2018:i:c:p:69-70

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

DOI: 10.1016/j.tranpol.2018.04.015

Access Statistics for this article

Transport Policy is currently edited by Y. Hayashi

More articles in Transport Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().