The Evaluation of Public Transport Investments within Cities

Peter Townroe and Gordon Dabinett

The Annals of Regional Science, 1995, vol. 29, issue 2, 175-88

Abstract: Transport investments are undertaken by the public sector with the intent of yielding a net social benefit to the economy and to society. The methodology for appraising competing investments has been developed in the context of inter-urban rather than intra-urban schemes. Public transport investments within cities have financial, economic and environmental dimensions through the life of the project. This paper addresses the issues which arise in evaluating the desirability of proceeding with such investments in the context of scarce public funds; against a background of the experience of the South Yorkshire Supertram scheme.

Date: 1995
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