Commenced in January 2007
Frequency: Monthly
Edition: International
Paper Count: 32586
Economic Assessment Methodology to Support Decisions for Transport Infrastructure Development

Authors: Dimitrios J. Dimitriou


The decades after the end of the second War provide evidence that infrastructures investments contibute to economic development, on terms of productivity and income growth. In order to force productivity and increase competitiveness the financing of large transport infrastructure projects are on the top of the agenda in strategic planning process. Such a decision may take form some days to some decades and stakeholders as well as decision makers need tools in order to estimate the economic impact on natioanl economy of such an investment. The key question in such decisions is if the effects caused by the new infrastructure could be able to boost economic development on one hand, and create new jobs and activities on the other. This paper deals with the review of estimation of the mega transport infrastructure projects economic effects in economy.

Keywords: Economic impact, transport infrastructure, strategic planning.

Digital Object Identifier (DOI):

Procedia APA BibTeX Chicago EndNote Harvard JSON MLA RIS XML ISO 690 PDF Downloads 889


[1] Dimitriou D.,2017. Quantititave evaluation taxonomy for transport infrastructure projects, International Journal of research science and management, 4(3), ISSN: 2349-5197
[2] J. Eliasson, M. Lundberg Do cost–benefit analyses influence transport investment decisions? Experiences from the swedish transport investment plan 2010–21 Transp. Rev., 32 (1) (2012), pp. 29–48
[3] Mackie Peter, Tom Worsley, Jonas Eliasson Transport appraisal revisited Research in Transportation Economics Volume 47(2014),pp. 3–18
[4] Eliasson J, M. Lundberg Do cost–benefit analyses influence transport investment decisions? Experiences from the Swedish Transport Investment Plan 2010–21 Transport Reviews, 32 (1) (2012), pp. 29–48
[5] J. Odeck What determines decision‐makers’ preferences for road investments? Evidence from the Norwegian road sector, Transp. Rev., 30 (4) (2010), pp. 473–494
[6] C. Kelly, J. Laird, S. Costantini, P. Richards, J. Carbajo, J. Nellthorp Ex post appraisal: what lessons can be learnt from EU cohesion funded transport projects? Transp. Policy, 37 (2015), pp. 83–91
[7] N. Mouter, J.A. Annema, B. van Wee Attitudes towards the role of cost–benefit analysis in the decision-making process for spatial-infrastructure projects: a Dutch case study, Transp. Res. Part A: Policy Pract., 58 (2013), pp. 1–14
[8] Zhenhua Chen, Junbo Xue, Adam Z. Rose, Kingsley E. Haynes The impact of high-speed rail investment on economic and environmental change in China: A dynamic CGE analysis, Transportation Research Part A: Policy and Practice, Volume 92, October 2016, Pages 232-245
[9] J.S. Li, G.Q. Chen, B. Chen, Q. Yang, W.D. Wei, P. Wang, K.Q. Dong, H.P. Chen The impact of trade on fuel-related mercury emissions in Beijing—evidence from three-scale input-output analysis Review Article Renewable and Sustainable Energy Reviews, Volume 75, August 2017, Pages 742-752
[10] Ana Alises, José Manuel Vassallo Comparison of road freight transport trends in Europe. Coupling and decoupling factors from an Input–Output structural decomposition analysis Original Research Article Transportation Research Part A: Policy and Practice, Volume 82, December 2015, Pages 141-157
[11] Ridwan Anas, Ofyar Z. Tamin, Sony S. Wibowo Applying Input-output Model to Estimate the Broader Economic Benefits of Cipularang Tollroad Investment to Bandung District Original Research Article Procedia Engineering, Volume 125, 2015, Pages 489-497
[12] Stefan Tscharaktschiew, Georg Hirte, Should subsidies to urban passenger transport be increased? A spatial CGE analysis for a German metropolitan area, Transportation Research Part A: Policy and Practice, Volume 46, Issue 2, February 2012, Pages 285-309
[13] Johannes Bröcker, Artem Korzhenevych, Carsten Schürmann Assessing spatial equity and efficiency impacts of transport infrastructure projects, Transportation Research Part B: Methodological, Volume 44, Issue 7, August 2010, Pages 795-811
[14] Xueqin Zhu, Jos Van Ommeren, Piet Rietveld Indirect benefits of infrastructure improvement in the case of an imperfect labor market, Transportation Research Part B: Methodological, Volume 43, Issue 1, January 2009, Pages 57-72
[15] Euijune Kim, Geoffrey J.D. Hewings, Hidayat Amir Economic evaluation of transportation projects: An application of Financial Computable General Equilibrium model, Research in Transportation Economics, In Press, Corrected Proof, Available online 25 September 2016
[16] Young-Tae Chang, Sung-Ho Shin, Paul Tae-Woo Lee Economic impact of port sectors on South African economy: An input–output analysis, Transport Policy, Volume 35, September 2014, Pages 333-340
[17] Karyn Morrissey, Cathal O’Donoghue The role of the marine sector in the Irish national economy: An input–output analysisOriginal Research Article Marine Policy, Volume 37, January 2013, Pages 230-238
[18] Takayuki Ueda, Atsushi Koike, Katsuhiro Yamaguchi, Kazuyuki Tsuchiya Spatial Benefit Incidence Analysis of Airport Capacity Expansion: Application of SCGE Model to the Haneda ProjectReview, Research in Transportation Economics, Volume 13, 2005, Pages 165-196
[19] Isabelle Laplace, Chantal Latgé-Roucolle, Deregulation of the ASEAN air Transport Market: Measure of Impacts of Airport Activities on Local Economies , Transportation Research Procedia, Volume 14, 2016, Pages 3721-3730
[20] Cambridge Systematics, Inc.; Economic Development Research Group, Inc. & Boston Logistics Group, Inc. (August 2006). "Guide to Quantifying the Economic Impacts of Federal Investments in Large-Scale Freight Transportation Projects" (PDF).
[21] Correa Hector, Salomon A. Guajardoc, An application of input–output analysis to a city's municipal government Socio-Economic Planning Sciences, 35(2)2001, pp. 83–108.
[22] Rong-Her Chiu and Yu-Chang Lin Applying Input Output model to investigate the inter industrial linkage of transportation industry in Taiwan Journal of Marine Science and Technology, 20(2)(2012), pp. 173-186.
[23] Roberto Setola, Stefano De Porcellinisa, Marino Sforna, Critical infrastructure dependency assessment using theInput–output inoperability model International Journal of critical infrastructure protection 2 (2009), pp. 170-178.
[24] Huderek-Glapska Sonia, Federico Inchausti-Sintes, Eric Njoya. 2016, Modelling the impact of air transport on the economy –practices, problems and prospects, 12 (1), 47-61.
[25] Dwyer, L., Forsyth, P., and Spurr, R. (2004), ‘Evaluating tourism’s economic effects: new and old approaches’, Tourism Management, Vol 25, No 3, pp 307–317.
[26] Miller R.E., Blair, 2009, Input-Output Analysis, foundations and extensions, New York: Oxford University Press. Second edition.