Indirect Effects in European Transport Project Appraisal
Wouter Jonkhoff and
Menno Rustenburg
Chapter Chapter 6 in Infrastructure Productivity Evaluation, 2011, pp 79-94 from Springer
Abstract:
Abstract The chapter investigates EU member states’ appraisal of indirect effects of transport investment. Indirect effects can be determining factors in cost–benefit analysis. They are particularly interesting because they are caused by investment-induced changes in market imperfections and national borders. Increasing mobility and decreasing returns to infrastructure networks urge for integrated appraisal of transport initiatives. Harmonisation could lead to greater transparency and improved investment decisions. National evaluation methods, however, differ widely in their assessments of indirect effects.
Keywords: Cost–benefit analysis; EU; European integration; Germany; Indirect effects; Japan; Market structure; Spatial economics; The Netherlands; The UK; The USA (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-1-4419-8101-1_6
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DOI: 10.1007/978-1-4419-8101-1_6
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