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Research Report 492 Scoping approach and measuring the impact of indexing unit cost parameters in cost-benefit analysis

Published: | Category: Economic development , Research programme , Research & reports | Audience: General

This study assessed the feasibility and materiality of allowing for real-price changes in economic appraisals over the course of a transport project's appraisal period. The research found that time indexing unit cost parameters in transport cost-benefit analysis (CBA) is feasible, and that benefit-cost ratios (BCRs) increase materially for the majority of project categories, but not for all. The report considers some of the issues involved, identifies the relative effects of various assumptions, and provides recommendations.

Publication details

  • Author:
  • Published: August 2012
  • Reference: 492
  • ISBN/ISSN: ISBN 978-0-478-39468-9 (electronic)