Transport Infrastructure Investment Options for Efficiency PDF Download
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Author: International Transport Forum
Publisher: OECD Publishing
ISBN: 9282101568
Category :
Languages : en
Pages : 238
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Book Description
Examines key principles that should be considered by governments in deciding how to provide and pay for surface transport infrastructure, with a view to best serving societies’ needs and employing public resources.
Author: International Transport Forum
Publisher: OECD Publishing
ISBN: 9282101568
Category :
Languages : en
Pages : 238
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Book Description
Examines key principles that should be considered by governments in deciding how to provide and pay for surface transport infrastructure, with a view to best serving societies’ needs and employing public resources.
Author: European Conference of Ministers of Transport
Publisher: OECD Publishing
ISBN: 9282105334
Category :
Languages : en
Pages : 116
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Book Description
This publication describes the techniques used for evaluation of transport infrastructure investment in a number of ECMT countries and the effectiveness of such methods, and examines conditions governing their use.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264193529
Category :
Languages : en
Pages : 153
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Book Description
This report describes evaluation methods for transport infrastructure investments to ensure that scarce resources are allocated in a way that maximises their net return to society.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
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: Eric Bond
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 44
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Book Description
November 1997 This model predicts that without cooperative infrastructure agreements between countries, there will be underinvestment in those forms of infrastructure in which the investments will have spillover effects to other countries. For a relatively small country, for example, there would tend to be more underinvestment in railroad and highway infrastructure to neighboring countries than there would be in airport and harbor infrastructure (carrying goods to the whole world). Bond examines whether trade liberalization should create a greater incentive for countries to invest in transportation infrastructure. He pays special attention to the case of preferential trade liberalization between neighboring countries, where investments in roads or railroads are specific to the partner country and will thus have spillover effects. The existence of spillovers will lead to gains from cooperative agreements about investment levels. Bond shows that in a small country the incentive to invest in infrastructure depends on the level of the tariff when demand is linear. If protection is in the form of a quota, on the other hand, trade liberalization will increase the optimal infrastructure investment. He shows that in a two-country model with spillovers between countries, the cooperative equilibrium may involve either more or less investment than the noncooperative equilibrium, depending on the pattern of trade between the two countries and the degree of substitutability between investments in the two countries. For a relatively small country, for example, there would be more underinvestment in railroad and highway infrastructure to neighboring countries than there would be in airport and harbor infrastructure. The first type of investment is specific to certain markets and is likely to affect the relative price of goods in those markets. The second type of investment, on the other hand, will send goods to world markets generally, where prices are likely to be relatively unaffected by the investments. Bond also examines the desirability of linking regional trade and infrastructure agreements. The prediction generated by his model is that in the absence of cooperative agreements between countries, there will be underinvestment in those forms of transportation in which the investments will have spillover effects to other countries. Bond identifies two forms of gains from infrastructure agreements: * Internalizing the terms-of-trade effects and thus avoiding the inefficient investment levels that arise in noncooperative choices of investment levels. * Internalizing the effects of the infrastructure investment in the tariff negotiation process, in cases where countries cannot commit to future tariff rates. This paper-a product of the Development Research Group-is part of a larger effort in the group to understand regionalism and development.
Author: Thomas Laursen
Publisher: World Bank Publications
ISBN: 0821378953
Category : Business & Economics
Languages : en
Pages : 50
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Book Description
This paper describes the characteristics of public investment management (PIM) in seven EU countries as it applies to a single sector transport infrastructure. The report highlights some of the common challenges that four relatively new EU member states Poland, Slovakia, Slovenia, and Latvia face as they plan and execute their transport infrastructure projects. It recognizes the importance that EU-mandated processes and procedures have in shaping national systems in the new member states (NMS), but the report finds that actual practices often fall short of EU goals due to capacity constraints, weak institutional structures, and other factors. The experiences of the NMS are compared with those of more developed economies (namely Spain, the UK, and Ireland) to assess whether the later countries have faced similar challenges in managing public investment, and if so, what measures they have adopted to overcome them. This comparative analysis serves to draw out several good practice examples that are relevant for all countries. How those practices are applied in each country is a matter for further study, as each country considers its own political culture and administrative tradition. This paper is a first step toward building dialogue among public finance practitioners in Central and Eastern Europe on how to make public investment projects more effective and efficient over the long term.
Author: Amos Avraham
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Allen Consulting Group
Publisher:
ISBN:
Category : Australia
Languages : en
Pages : 124
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Book Description
Author: Joseph Berechman
Publisher: Springer
ISBN: 3319746065
Category : Business & Economics
Languages : en
Pages : 202
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Book Description
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.
