Analysis of the System of Transport Appraisal Implemented in France and some Methodological Innovations

Analyse du dispositif mis en œuvre et de quelques innovations méthodologiques dans le cas de la France

Alain Bonnafous (alain.bonnafous@let.ish-lyon.cnrs.fr)
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Alain Bonnafous: LAET - Laboratoire Aménagement Économie Transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique, IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon

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Abstract: This paper summarises the development of the evaluation of transport infrastructure projects in France. It highlights the 1982 "LOTI" law, which analysed whether investments delivered the wider economic benefits expected. It discusses the 1985 change from a project ranking rule based on Internal Rate of Return to one based on a particular value for money metric (Net Present value/subsidy) and draws lessons from the LOTI reports for motorway investments and for high-speed rail lines. It also considers the role of permanent observatories in evaluation. Finally, it addresses the inclusion of spatial equity issues in evaluations and the ex-post evaluation of the ranking of a set of projects in a multi-year program.

Keywords: Transport infrastructure; “LOTI” law; Evaluation; France; Transport policy (search for similar items in EconPapers)
Date: 2021-09-29
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03794945
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Published in ITF Roundtable “Broadening Appraisal to Capture the Full Impact of Transport Investments”, International Transport Forum (Paris), Sep 2021, Paris, France. pp.31-34, ⟨10.1787/a0e2e0a6-en⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-03794945

DOI: 10.1787/a0e2e0a6-en

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