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What characterises road projects with positive net benefit-cost ratios? Insights from Norway and Sweden

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  • Odeck, James
  • Börjesson, Maria
  • Hammes, Johanna Jussila
  • Volden, Gro Holst
  • Welde, Morten

Abstract

•The front-end of projects is crucial for selecting the right project for appraisal.•Identifying factors for early detection of economically viable projects can increase social welfare.•Positive net benefit-cost projects have high traffic, population density, and income levels.•Smaller projects have a higher net benefit-cost ratio than larger ones.

Suggested Citation

  • Odeck, James & Börjesson, Maria & Hammes, Johanna Jussila & Volden, Gro Holst & Welde, Morten, 2025. "What characterises road projects with positive net benefit-cost ratios? Insights from Norway and Sweden," Transport Policy, Elsevier, vol. 166(C), pages 202-213.
    • Handle: RePEc:eee:trapol:v:166:y:2025:i:c:p:202-213
    DOI: 10.1016/j.tranpol.2025.03.008
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