We are doing a study on what explains differences in BCRs between transport projects. Are there differences in BCRs between regions, projects types, modes etc.? Are there any other explanatory factors that can explain differences? We do analyses on a data set of more than 1000 projects, so we are confident that the results will be interesting, but we need to review some relevant literature to frame the study. I've found one by Nicolás González-Pampillón and Henry G. Overman from 2020, and a couple more from the 'grey' literature, but there seems to be very few studies on this topic. Does anyone know any relevant studies?
Hi Morten, CBA is my field of research. My papers may be releva to you. However, I’d be careful when comparing BCRs of different transport projects for a number of reasons. One is that CBA methodology of some types of transport projects are well-established (eg roads) while others are not (eg active travel). Another is that different jurisdictions use different frameworks and methodologies. Thus, often, BCRs are not comparable. Also have a look at Odeck and Mouter’s papers.
Hope this helps,
Sae
Hello, Morten,
Please find below several useful resources:
Jiang, W., Marggraf, R. The origin of cost–benefit analysis: a comparative view of France and the United States. Cost Eff Resour Alloc 19, 74 (2021). https://doi.org/10.1186/s12962-021-00330-3
Development of Benefit Cost Analysis Tools for Evaluating Transportation Research Projects
Nikolai Greer, Khaled Ksaibati
https://www.intechopen.com/chapters/68046
https://www.leg.mn.gov/docs/2020/Other/200854.pdf
https://www.itf-oecd.org/sites/default/files/docs/comparing-road-rail-investment-cost-benefit-analysis.pdf
https://www.gihub.org/cost-benefit-analysis-of-bus-transport-projects/
Paolo Beria, Alberto Bertolin, Raffaele Grimaldi, "Integration between Transport Models and Cost-Benefit Analysis to Support Decision-Making Practices: Two Applications in Northern Italy", Advances in Operations Research, vol. 2018, Article ID 2806062, 16 pages, 2018. https://doi.org/10.1155/2018/2806062
https://www.vtpi.org/tranben.pdf
https://ec.europa.eu/regional_policy/sources/docgener/studies/pdf/cba_guide.pdf
Henke, I.; Cartenì, A.; Di Francesco, L. A Sustainable Evaluation Processes for Investments in the Transport Sector: A Combined Multi-Criteria and Cost–Benefit Analysis for a New Highway in Italy. Sustainability 2020, 12, 9854. https://doi.org/10.3390/su12239854
All the best!
I should advertise our efforts to compare DK and SE CBA base/methodology in the HH project: http://trafikverket.diva-portal.org/smash/record.jsf?dswid=473&pid=diva2%3A1523331 - 'Bilagor' can be downloaded from Trafikverkets page.
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