A Cost Benefit Analysis for the Extension Plan of Osaka Monorail Loop-line (in Japanese)

Junyi Shen, Yusuke Sakata and Yoshizo Hashimoto
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Yusuke Sakata: Associate Professor, School of Economics, Kinki University
Yoshizo Hashimoto: President, Osaka Prefectural Institute for Advanced Industry Development

No 08J004, OSIPP Discussion Paper from Osaka School of International Public Policy, Osaka University

Abstract: In this paper, under the consideration on both local environmental status and transportation network, we implement Cost Benefit Analysis (CBA) for the extension plan of Osaka Monorail Loop-line by applying a Choice Experiment (CE) method. It is estimated that the benefit cost (B/C) ratio is 1.35 under a basic scenario. In addition, with a consideration on different kinds of uncertainty in the future, a number of sensitivity analyses are implemented. The results of sensitivity analysis indicate that the possibility of generating net benefit is extremely high for the extension plan studied here.

Keywords: cost benefit analysis; choice experiment method; monorail; environmental status; transportation network (search for similar items in EconPapers)
JEL-codes: C25 D61 R42 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2008-03
New Economics Papers: this item is included in nep-dcm, nep-env and nep-geo
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Persistent link: https://EconPapers.repec.org/RePEc:osp:wpaper:08j004

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