The purpose of this paper is to set forth a general approach for the economic analysis of rural road projects. In this context, the paper discusses the shortcomings of traditional economic analyses of highway projects which have focuses on the quantification of road user savings. The paper points out that such an approach is specifically unsuitable for rural roads with low levels of traffic. The authors emphasize the interdependence of transport and agricultural production systems in the rural environment and argue that the analysis should focus on the mechanisms by which transport cost savings are translated into increased agricultural production and income. The critical questions to be answered are: who benefits from the transport cost savings, how will producers respond to these cost savings, and do other constraints exist which may prevent the full developmental impact of a road from materializing.
Economic Analysis of Rural Road Projects
1976
102 pages
Report
Keine Angabe
Englisch
The economic and financial risk of toll road projects
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