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Evaluation of road projects and programs in developing countries

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  • Talvitie, A.

Abstract

The paper discusses the economic evaluation of road projects in developing countries as currently practiced in World Bank-supported projects. Evaluation of road decisions is necessary whenever there is a budget constraint. A basic principle of equity--but not the only one--is that those who receive the benefit also pay for it, thus designating the budget constraint. This is illustrated with two examples. It is also argued that a well-organized road sector, good road management, customer input, and private sector participation in finance and service delivery affect benefits and costs, and can increase the efficiency and level of service to customers.

Suggested Citation

  • Talvitie, A., 2000. "Evaluation of road projects and programs in developing countries," Transport Policy, Elsevier, vol. 7(1), pages 61-72, January.
    • Handle: RePEc:eee:trapol:v:7:y:2000:i:1:p:61-72
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    References listed on IDEAS

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    1. Lawrie Haynes & Neil Roden, 1999. "Commercialising the management and maintenance of trunk roads in the United Kingdom," Transportation, Springer, vol. 26(1), pages 31-54, February.
    2. Small, K.A., 1997. "Project Evaluation," Papers 97-98-05, California Irvine - School of Social Sciences.
    3. Ian Heggie, 1999. "Commercially managed road funds: managing roads like a business, not like a bureaucracy," Transportation, Springer, vol. 26(1), pages 87-111, February.
    4. Heggie, I.G. & Vickers, P., 1998. "Commercial Management and Financing of Roads," Papers 409, World Bank - Technical Papers.
    5. Robin Dunlop, 1999. "The New Zealand experience in restructuring road administration New Zealand road reform," Transportation, Springer, vol. 26(1), pages 55-66, February.
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    Cited by:

    1. Major, Iván, 2004. "A korlátozó szabályozástól az ösztönző szabályozásig. A közlekedés szabályozása az Európai Unióban és Magyarországon [From restricting regulation to incentive regulation. Transport regulation in th," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 501-529.
    2. Macharis, Cathy & Bernardini, Annalia, 2015. "Reviewing the use of Multi-Criteria Decision Analysis for the evaluation of transport projects: Time for a multi-actor approach," Transport Policy, Elsevier, vol. 37(C), pages 177-186.
    3. Shi, Jing & Zhou, Nian, 2012. "A quantitative transportation project investment evaluation approach with both equity and efficiency aspects," Research in Transportation Economics, Elsevier, vol. 36(1), pages 93-100.
    4. Nir Sharav & Yoram Shiftan, 2021. "Optimal Urban Transit Investment Model and Its Application," Sustainability, MDPI, vol. 13(16), pages 1-29, August.
    5. T. A. El-Diraby & S. M. Gill, 2006. "A taxonomy for construction terms in privatized-infrastructure finance: supporting semantic exchange of project risk information," Construction Management and Economics, Taylor & Francis Journals, vol. 24(3), pages 271-285.

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