A transport improvement has the potential to create social value over and above the transport user-benefits. Such benefits can be referred to as wider economic impacts (WEIs). This study, in line with...
This note deals with the extent to which, and the means by which, project level distributional analysis of benefits can be undertaken and how poverty impact indicators can be developed. Section 1 sets...
Maintenance is an often overlooked aspect of appraisal. The effective treatment of maintenance within an appraisal is, however, fundamental to informing the decision regarding the optimum investment strategy...
The Bank requires that any public sector contribution to a collaborative effort between the public sector and private enterprises in the transport sector be analyzed and justified in economic terms. This...
Demand forecasts form a key input to the economic appraisal. As such any errors present within the demand forecasts will undermine the reliability of the economic appraisal. The minimization of demand...
The purpose of this brief note is to set out a checklist of issues which need to be considered when assessing the likely economic impact of regulatory reform. There is a great deal of relevant world literature...
Experience has shown that money compensation payments to individual citizens are ineffective when used alone as a means to achieve the Bank's aims and World Bank for evidence on the Bank's experience]...
The Economic Evaluation Notes are arranged in three groups. The first group (TRN-6 to TRN-10) provides criteria for selection a particular evaluation technique or approach; the second (TRN-11 to TRN-17)...
The Economic Evaluation Notes are arranged in three groups. The first group (TRN-6 to TRN-10) provides criteria for selection a particular evaluation technique or approach; the second (TRN-11 to TRN-17)...
The note focuses on three specific ways in which sub-optimal pricing can impact on project benefits: 1) through congestion and overcrowding (Section 1); 2) through overpricing and loss of user benefits...
In response to many requests for help in the application of both conventional cost benefit analysis in transport and addressing of the newer topics of interest, we have prepared a series of Economic Evaluation...
The objective of this note is to advise on a desired and workable method that can be used to place values on accident reduction. The first section of this note identifies the need to categorize accidents...
Cost Benefit Analysis, and the measures of economic performance that can be derived from it (see Note 6: When and How to Use NPV, IRR and Adjusted IRR), is the preferred method for demonstrating the economic...
This note address issues considering: what types of project typically have a very long life? Section 1: discusses the choice of appraisal period; Section 2: analyses the use of residual values; Section...
Historically, road vehicle operating costs have tended to dominate highway economic appraisals in developing countries, due to the poor road surfaces that can occur there. The operating costs of railways...
Pedestrians and Non-Motorized Traffic vehicles (NMTs) are part of the complete transport scene and in some cases form a very important aspect of that scene. As with the motorized sector of the transport...
Induced traffic can be an important part of the economic appraisal particularly when the objective of the investment is to stimulate economic development; it's importance, however, is not restricted to...