Infrastructure and industrial growth in cost-benefit analyses : Norwegian experiences.

Author(s)
Braathen, S. Hervik, A. & Nesset, E.
Year
Abstract

The use of cost benefit techniques in analysing the relationship between infrastructure and economic growth is discussed. Particular problems regarding infrastructure investments and social efficiency in Norway caused by the topography and parallel transport systems are outlined. Three case studies are then described which were planned to bring substantial industrial benefit. These include a tunnel route from Oslo to Bergen, the high speed rail link between Oslo and Gothenburg, and the short take-off and landing system (STOL). It is suggested that such projects are very sensitive to the level of `inconvenience cost' or `willingness to pay'. A micro-economic transport model is presented which incorporates inconvenience costs.

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Publication

Library number
C 12038 (In: C 12035) /72 / IRRD 868876
Source

In: Transport policy and its implementation, volume I : proceedings of seminar D (P376) held at the 22th PTRC European Transport and Planning Summer Annual Meeting, University of Warwick, England, September 12-16, 1994, p. 23-42, 22 ref.

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