EconPapers    
Economics at your fingertips  
 

REGIONAL ASSESSMENT OF THE EFFECTIVENESS OF ROAD INFRASTRUCTURE PROJECTS

Milan Viturka and Vilém Paril
Additional contact information
Milan Viturka: Masaryk University/FEA MU
Vilém Paril: Masaryk University/FEA MU

Articles, 2015, vol. 42, issue 4

Abstract: The evaluation of development projects definitely belongs among important tools for the solution of complicated problems of optimal allocation of public resources. In this context, the paper presents an innovative approach to the assessment of the effectiveness of road construction and improvement projects, based on a set of strategically oriented criteria relevance, usefulness, integration, stimulation and sustainability. The explanatory power of the developed assessment method was verified through the example of planned highway construction projects (eight projects) and of regional road improvement projects (11 projects) in the Czech Republic. On the basis of the synthesis of the obtained results, we have drawn up rankings showing the effectiveness of the implementation of individual projects. From an overall perspective, we can conclude that in the first group of projects, their ties to regional development play a crucial role, and in the second group of projects, their ties to residential and natural environments. The application of the assessment method can thus be considered a useful tool for decision-making on investment priorities for the development of road infrastructure.

Date: 2015
References: Add references at CitEc
Citations Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:jte:journl:2015:4:42:4

Access Statistics for this article

More articles in Articles from International Journal of Transport Economics
Series data maintained by Alessio Tei ().

 
Page updated 2017-09-29
Handle: RePEc:jte:journl:2015:4:42:4