Publications Routes/Roads Economic studies
This page lists Routes/Roads articles of PIARC in the field of economic studies. These publications are classified chronologically.
Wider economic benefits of transport systems - How Norway is working with it
Wider Economic Benefits (WEBs) are benefits caused by improvement in transport systems and accrue in form of productivity gains due to agglomeration effects, increased outputs in markets with imperfect competition and improvements in labour supply. The conventional Benefit-Cost Analyses (BCA) has traditionally ignored the WEBs. In the recent years, however, the international literature has recognized the existence of WEBs and that they should be accounted for and added to the benefits captured in [...]
XXVI World Road Congress – Abu Dhabi, October 2019 Connecting Cultures, Enabling Economies - General Report
The General Report of the XXVI World Road Congress has been prepared by GHD under contract with the Abu Dhabi Department of Transport, on behalf of the United Arab Emirates. It has not been possible to include the conclusions of all sessions in this report. They will be available from PIARC’s website.
Pilot project to quantifying social benefits of road rehabilitation for project prioritization
This article describes the Finnish Overseas Consultants (Finnoc) method for quantifying socio-economic benefits for the rehabilitation of roads.
Direct and indirect effects of Korea's expressways (1970-2010)
This article describes how the expansion of the expressway between Seoul and Busan and makes possible for significant changes in South Korean economy since its construction in 1970.
Preliminary feasibility study for road projects incorporating balanced regional development
This article presents the preliminary feasibility study (PFS), introduced in 1999 in Korea. PFS has induced informed decision in the budget allocation, enhancing efficiency of fiscal management by checking starts of unnecessary projects at their early stages. Due to its successful implementation, the PFS has been expanded to appraisals for local government projects and non-infrastructure programs, such as R & D and social programs, leading to improved public inquiry process.
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