A major concern of all decision makers has been to ensure that there are clear benefits from
transport investment proposals. The travel time savings are clear, but the wider economic …

One of the major unresolved research issues in transport is the question as to whether
transport infrastructure investment promotes economic growth at the regional and local …

The case for major transport investment is frequently made in terms of impact on economic
performance. A recurring difficulty however faced by policy makers is a disjoint between this …

There has always been an assumed link between the quality of the transport infrastructure
and economic growth, yet that link has been difficult to demonstrate even after more than 50 …

The idea that the main benefit of improvements to transport infrastructure is the saving of
travel time has been central to transport economic analysis. There is, however, little …

Transport investment and economic performance: Page 1 9/10/14 Transport investment and
economic performance: Implications for project appraisal* Anthony J. Venables James Laird …

This 500+ page document is a comprehensive study of transportation benefit and costing,
and a guidebook for applying this information. It includes detailed analysis of various …

It is sometimes claimed that transport infrastructure projects have network effects, which are
not taken into account in the appraisal of these projects. This paper reviews the concept of …

This paper describes the development of approaches to analysing the links between
investment in transit and economic development. It indicates the need to bring together …

The role of the expansion of transport infrastructure in stimulating economic growth in
developed countries is not straightforward. This can lead to debates concerning public …