IDEAS home Printed from https://ideas.repec.org/p/bks/tchrpt/080425.html
   My bibliography  Save this paper

Evaluating Roads as Investments: A Primer on Benefit-Cost and Economic-Impact Analysis

Author

Listed:
  • Eric Thompson
  • David I. Rosenbaum
  • Arthur P. Hall

    (Brandmeyer Center for Applied Economics, School of Business, University of Kansas)

Abstract

Based on a review of select Midwestern states, public decision makers rarely analyze road projects as investments. The prioritization of transportation funds can improve substantially if decision makers established rigorous and reliable benefit-cost analysis protocols. This report offers an introduction to the issues and procedures involved.

Suggested Citation

  • Eric Thompson & David I. Rosenbaum & Arthur P. Hall, 2008. "Evaluating Roads as Investments: A Primer on Benefit-Cost and Economic-Impact Analysis," Technical Reports 080425, Brandmeyer Center for Applied Economics, School of Business, University of Kansas.
    • Handle: RePEc:bks:tchrpt:080425
    as

    Download full text from publisher

    File URL: https://bcae.ku.edu/repec/bks/tchrpt/TR080425.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Eric Thompson, 2005. "If You Build It, Will They Come?," Technical Reports 050513, Brandmeyer Center for Applied Economics, School of Business, University of Kansas.
    2. Chandra, Amitabh & Thompson, Eric, 2000. "Does public infrastructure affect economic activity?: Evidence from the rural interstate highway system," Regional Science and Urban Economics, Elsevier, vol. 30(4), pages 457-490, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ali,Rubaba & Barra,Alvaro Federico & Berg,Claudia N. & Damania,Richard & Nash,John D. & Russ,Jason Daniel & Ali,Rubaba & Barra,Alvaro Federico & Berg,Claudia N. & Damania,Richard & Nash,John D. & Russ, 2015. "Transport infrastructure and welfare : an application to Nigeria," Policy Research Working Paper Series 7271, The World Bank.
    2. Olsson, Jerry, 2009. "Improved road accessibility and indirect development effects: evidence from rural Philippines," Journal of Transport Geography, Elsevier, vol. 17(6), pages 476-483.
    3. Michael J. Hicks, 2006. "Transportation and infrastructure, retail clustering, and local public finance: evidence from Wal-Mart's expansion," Regional Economic Development, Federal Reserve Bank of St. Louis, issue Oct, pages 100-114.
    4. Konstantin Buechel, Stephan Kyburz, 2016. "Fast Track to Growth? The Impact of Railway Access on Regional Economic Development in 19th Century Switzerland," Diskussionsschriften credresearchpaper12, Universitaet Bern, Departement Volkswirtschaft - CRED.
    5. Stephan Heblich & Stephen J Redding & Daniel M Sturm, 2020. "The Making of the Modern Metropolis: Evidence from London," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(4), pages 2059-2133.
    6. P. Charnoz & C. Lelarge & C. Trevien, 2016. "Communication Costs and the Internal Organization of Multi-Plant Businesses: Evidence from the Impact of the French High-Speed Rail," Documents de Travail de l'Insee - INSEE Working Papers g2016-02, Institut National de la Statistique et des Etudes Economiques.
    7. Pablo D. Fajgelbaum & Edouard Schaal, 2020. "Optimal Transport Networks in Spatial Equilibrium," Econometrica, Econometric Society, vol. 88(4), pages 1411-1452, July.
    8. Sylvain Leduc & Daniel Wilson, 2013. "Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment," NBER Macroeconomics Annual, University of Chicago Press, vol. 27(1), pages 89-142.
    9. Baek, Jisun & Park, WooRam, 2022. "The impact of improved passenger transport system on manufacturing plant productivity," Regional Science and Urban Economics, Elsevier, vol. 96(C).
    10. Das, Abhiman & Ghani, Ejaz & Grover, Arti & Kerr, William & Nanda, Ramana, 2024. "JUE insight: Infrastructure and Finance: Evidence from India’s GQ highway network," Journal of Urban Economics, Elsevier, vol. 142(C).
    11. Fredriksson, Per G. & List, John A. & Millimet, Daniel L., 2003. "Bureaucratic corruption, environmental policy and inbound US FDI: theory and evidence," Journal of Public Economics, Elsevier, vol. 87(7-8), pages 1407-1430, August.
    12. Or Levkovich & Jan Rouwendal & Jos van Ommeren, 2020. "The impact of highways on population redistribution: the role of land development restrictions [Roads and innovation]," Journal of Economic Geography, Oxford University Press, vol. 20(3), pages 783-808.
    13. Cole, Matthew A. & Fredriksson, Per G., 2009. "Institutionalized pollution havens," Ecological Economics, Elsevier, vol. 68(4), pages 1239-1256, February.
    14. Rosa M. González-Marrero & Rosa M. Lorenzo-Alegría & Gustavo A. Marrero, 2011. "Los Efectos Territoriales de las Infraestructuras: La inversión en redes de alta velocidad ferroviaria," Economic Reports 05-2011, FEDEA.
    15. Iimi,Atsushi, 2022. "Estimating the Impacts of Transport Corridor Development in Kazakhstan : Applicationof Dynamic Panel Data Models to Firm Registry Data," Policy Research Working Paper Series 10196, The World Bank.
    16. Mohíno, Inmaculada & Ureña, José M. & Solís, Eloy, 2016. "Transport infrastructure and territorial cohesion in rural metro-adjacent regions: A multimodal accessibility approach. The case of Castilla-La Mancha in the context of Madrid (Spain)," Journal of Transport Geography, Elsevier, vol. 57(C), pages 115-133.
    17. Nathaniel Baum-Snow & Matthew A. Turner, 2017. "Transport Infrastructure and the Decentralization of Cities in the People's Republic of China," Asian Development Review, MIT Press, vol. 34(2), pages 25-50, September.
    18. Bird, Julia & Straub, Stéphane, 2020. "The Brasília experiment: The heterogeneous impact of road access on spatial development in Brazil," World Development, Elsevier, vol. 127(C).
    19. Ghani,Syed Ejaz & Grover,Arti & Kerr,Sari & Kerr,William Robert, 2016. "Will market competition trump gender discrimination in India ?," Policy Research Working Paper Series 7814, The World Bank.
    20. Muvawala, Joseph & Sebukeera, Hennery & Ssebulime, Kurayish, 2021. "Socio-economic impacts of transport infrastructure investment in Uganda: Insight from frontloading expenditure on Uganda's urban roads and highways," Research in Transportation Economics, Elsevier, vol. 88(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bks:tchrpt:080425. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rob Szarka (email available below). General contact details of provider: https://edirc.repec.org/data/cauksus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.