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The Practice of Cost-Benefit Analysis in the Transport Sector: A Mexican Perspective

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  • Vladimir Ramirez Soberanis

    (Unidad de Inversiones)

Abstract

Mexico´s public investment process is strengthened by an institutional framework that ensures that projects with a high social return are given preference. The Federal Law of Budget and Financial Responsibility establishes as prerequisite for federal investments the obligation to present a Cost-Benefit Analysis (CBA), and to get the Investment Unit approval. This paper describes the use of CBA for the social and economic evaluation of transport infrastructure in Mexico and is made from the point of view of the role of the Ministry of Finance’s Investment Unit in the appraisal process.

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  • Vladimir Ramirez Soberanis, 2010. "The Practice of Cost-Benefit Analysis in the Transport Sector: A Mexican Perspective," OECD/ITF Joint Transport Research Centre Discussion Papers 2010/18, OECD Publishing.
    • Handle: RePEc:oec:itfaaa:2010/18-en
    DOI: 10.1787/5km4q8hh4kmr-en
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    Cited by:

    1. Jussila Hammes, Johanna, 2015. "Political economics or Keynesian demand-side policies: What determines transport infrastructure investment in Swedish municipalities?," Research in Transportation Economics, Elsevier, vol. 51(C), pages 49-60.
    2. Jussila Hammes , Johanna & Nilsson, Jan-Eric, 2015. "The allocation of transport infrastructure in Swedish municipalities: welfare maximization, political economy or both?," Working papers in Transport Economics 2015:4, CTS - Centre for Transport Studies Stockholm (KTH and VTI).

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