Relating cost-benefit analysis results with transport project decisions in the Netherlands

被引:21
作者
Annema J.A. [1 ]
Frenken K. [2 ]
Koopmans C. [3 ,4 ]
Kroesen M. [1 ]
机构
[1] Delft University of Technology, P.O. Box 5015, Delft
[2] Utrecht University, Utrecht
[3] VU University, Amsterdam
[4] SEO Economic Research, Amsterdam
关键词
Cost-benefit analysis; Decision-making; Transportation;
D O I
10.1007/s12076-016-0175-5
中图分类号
学科分类号
摘要
This paper relates the cost-benefit analysis (CBA) results of transportation policy proposals in the Netherlands with the decision to implement or abandon the proposal. The aim of this study is to explore the relation between the CBA results and decision-making. Multinomial logit regression models and Latent Class Analysis are used in this paper as the statistical tools to identify associations between CBA results and decisions and to reveal unobservable classes underlying the CBA results and the decisions for projects. Analysis was carried out on 106 Netherlands CBA reports (2000–2012) containing 454 observations. Each observation is a CBA result of a transport project variant. In line with most of the international literature, this study cannot find a significant association between Net Present Values (NPVs) and the variants chosen in political decisions (after controlling for other relevant variables). However, a positive NPV does keep variants ‘pending’, preventing a negative decision. © 2016, The Author(s).
引用
收藏
页码:109 / 127
页数:18
相关论文
共 37 条
  • [21] McFadden D., The revealed preferences of a government bureaucracy: empirical evidence, Bell J. Econ., 7, 1, pp. 55-72, (1976)
  • [22] Kabinetsbrief bij de algemene MKBA Leidraad [Government letter related to the general CBA guidelines]. IRF/2013/993, 6th of December 2013, The Hague, (2013)
  • [23] KBA bij MIRT-Verkenningen. Kader voor het invullen van de OEI-formats [CBA in National Spatial and Infrastructure Planning Studies], 1st of September 2012, The Hague, (2012)
  • [24] Mouter N., Annema J.A., van Wee B., 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, pp. 1-14, (2013)
  • [25] Nakamura H., The economic evaluation of transport infrastructure: needs for international comparisons, Transp. Policy, 7, pp. 3-6, (2000)
  • [26] Nilsson J.-E., Investment decisions in a public bureaucracy. A case study of the Swedish road planning practices, J. Transp. Econ. Policy, 25, 2, pp. 163-175, (1991)
  • [27] Nellthorp J., Mackie P., The UK Roads Review—a hedonic model of decision making, Transp. Policy, 7, 2, pp. 127-138, (2000)
  • [28] Odeck J., Ranking of regional road investment in Norway, Transportation, 23, 2, pp. 123-140, (1996)
  • [29] Odeck J., What determines decision-makers’ preferences for road investments? Evidence from the Norwegian road sector, Transp. Rev., 30, 4, pp. 473-494, (2010)
  • [30] Odgaard T., Kelly C., Laird J., HEATCO work package 3: current practice in project appraisal in Europe, HEATCO (Developing Harmonized European Approaches for Transport Costing and Project Assessment), Deliverable 1/Volume, 1, (2005)