Author: United States. Congress. Senate. Committee on Environment and Public Works
Publisher:
ISBN:
Category : Air quality management
Languages : en
Pages : 120

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Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781981408269
Category :
Languages : en
Pages : 116

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The need for transportation investment : hearing before the Committee on Environment and Public Works, United States Senate, One Hundred Eleventh Congress, first session, March 25, 2009.

Author: Joseph Berechman
Publisher: Routledge
ISBN: 1135214077
Category : Business & Economics
Languages : en
Pages : 514

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Book Description
Throughout the world, the use of some kind of a formal transportation project evaluation procedure is a requirement. Yet, by and large, these are partial; in fact, much weight is often placed on the initial -pre-engineering -phases of the planning process, when vital information, such as accurate costs and demand projections, is largely missing. Moreover, many of these procedures neglect to consider key issues such as project’s risks, capital costs financing, latent demand, market imperfections, labor force availability and various incompatibilities between trip rates, travel times and activity location. As a result, projects, which are judged as viable under such deficient evaluation schemes, may have had a significantly different projection of capital costs and demand should a well-founded, thorough, and efficient evaluation process be used. Against this background, this book’s main objective is to construct a comprehensive and methodical economic, planning and decision-making framework for the evaluation of proposed transportation infrastructure investment projects. Such a framework is founded on four key principles. It is based on well-established economic, transportation and policy-analysis theoretical principles; it is comprehensive enough to encompass all relevant evaluation issues; it is applicable to a wide range of transportation investment projects; and it is amenable to empirical application including a sensitivity analysis and alternative scenarios regarding urban, regional and national developments.

Author: R. Richard Geddes
Publisher: Government Institutes
ISBN: 0844743461
Category : Business & Economics
Languages : en
Pages : 205

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"In The Road to Renewal: Private Investment in U.S. Transportation Infrastructure, R. Richard Geddes surveys the current state of the American transportation system and finds that, like the roads themselves, the existing policy approach is in desperate need of repair. Drawing on the basic economic principles behind supply, demand, competition, and incentives, Geddes argues that a shift toward increased use of public-private partnerships (PPPs)--contractual agreements between public agencies and private parties that allow private participation in the design, construction, operation, and delivery of transportation facilities--could significantly improve the quality of America's transportation infrastructure. By learning to see themselves as customers and investors--rather than mere users--of roads and highways, Americans should expect to receive a reasonable return on their investment: thorough, effective maintenance of America's transportation infrastructure. The Road to Renewal shows how incorporating increased private participation can halt the deterioration of America's transportation system and become the foundation for a safer, more efficient transportation future."--P. [4] of cover.

Author: Martin Wohl
Publisher: Chris Hendrickson
ISBN: 9780471879893
Category : Business & Economics
Languages : en
Pages : 404

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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: Joseph Berechman
Publisher: Springer
ISBN: 3319746065
Category : Business & Economics
Languages : en
Pages : 202

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This book explores the various economic and institutional factors that explain why huge investments are made in unworthy transportation mega-projects in the US and other countries. It is based on research, the general literature, economic analyses, and results from a specifically collected database showing that a significant proportion of implemented mega-projects have been found to be inferior ex-ante or incapable of delivering the returns they promised ex-post. Transportation infrastructure and other public investments of a similar scope (“mega-projects”) reflect public sector priorities and objectives, non-pecuniary as well as financial constraints, and a range of decision-making processes. This book describes how decisions made in the public sector with respect to transportation infrastructure investments are affected by the large populations and territories they serve, the estimation of the substantial opportunity costs they entail, the formal procedures instituted for quantitatively appraising projected outcomes and monetary returns, and the political environment in which these decisions are made.

Author: David Banister
Publisher: Routledge
ISBN: 1135802718
Category : Architecture
Languages : en
Pages : 383

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Book Description
This book makes a major contribution to the debate and is directed at researchers, decision makers and students who are interested in the wider economic development impacts of transport.

Author: United States. Congress. Senate. Committee on Environment and Public Works
Publisher:
ISBN:
Category : Air quality management
Languages : en
Pages : 0

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Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Infrastructure (Economics)
Languages : en
Pages : 60

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