2000
DOI: 10.1016/s0967-070x(00)00013-5
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Evaluation methodologies of transportation projects in Japan

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Cited by 39 publications
(29 citation statements)
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“…In the early 1960 Cost-Benefit Analysis (CBA) methods were developed and spread across the transportation sectorsin France [4]. CBA methods are widely used in different countries such as the France [4], UK [5], Japan [6], USA [7]and other developing countries [8]. A recent study shows that cost-benefit analysis has the potential to be challenging for a number of reasons, including the inherent difficulty in obtaining accurate cost information and estimating cost of externalities and accounting for impacts outside of the geographical projects [9].…”
Section: Introductionmentioning
confidence: 99%
“…In the early 1960 Cost-Benefit Analysis (CBA) methods were developed and spread across the transportation sectorsin France [4]. CBA methods are widely used in different countries such as the France [4], UK [5], Japan [6], USA [7]and other developing countries [8]. A recent study shows that cost-benefit analysis has the potential to be challenging for a number of reasons, including the inherent difficulty in obtaining accurate cost information and estimating cost of externalities and accounting for impacts outside of the geographical projects [9].…”
Section: Introductionmentioning
confidence: 99%
“…Rapid rail projects are also intended to reduce various costs to users including vehicle operation, safety, environmental costs and others. There are international examples of rail transportation appraisal work verifying that main benefits of rail transport investments comprise travel time and cost savings (user and agency) and accident reduction [49,93]. By contrast to these research findings, Figure 4 shows that cost savings in travel time, vehicle operation and accidents have a lesser than expected impact on the overall cost-benefit value.…”
Section: Cba Resultsmentioning
confidence: 90%
“…Since construction cost is essentially a one-time investment, whereas the other two are recurring costs, total costs in terms of project efficiency may change over time. Therefore, the summation of total costs over a 20-50-year time frame, a frequently used return-on-investment (ROI) period (Hayashi and Morisugi 2000;Lee 2000;Morisugi 2000), demands a separate calculation. If the ecological costs of Paths 3, 4, and 5 are less than Paths 1 and 2 within the same timeframe, total costs for the three routes can become more feasible options.…”
Section: Resultsmentioning
confidence: 99%
“…Different measurements are used internationally in assessing the value of time. The USA applies the annual wage rate with working types (Hayashi and Morisugi 2000;Lee 2000;Morisugi 2000;Sinha and Labi 2007). According to the Bureau of Labour Statistics, the average hourly wage rate of the USA in 2011 was $23.58 (United States Department of Labor 2012).…”
Section: Three Cost Elementsmentioning
confidence: 99%