Recognising the complementary contributions of cost benefit analysis and economic impact analysis to an understanding of the worth of public transport investment: A case study of bus rapid transit in Sydney, Australia

Weisbrod, Glen; Mulley, Corinne; Hensher, David A.

doi:10.1016/j.retrec.2016.06.007

Cited by 26 publications

(22 citation statements)

References 3 publications

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“…agglomeration and accessibility gains) are increasingly included in ex ante and ex post economic appraisals of transport projects (e.g. Geurs, van Wee and Rietveld, 2006;Hidalgo, Pereira, Estupiñán, and Jiménez, 2013;Weisbrod, Mulley and Hensher, 2015). Applied to equity analysis, benefit-cost ratios can be calculated not only at the aggregate or project level, but also by socio-economic group in order to reflect the distribution of net benefits (or disbenefits) across the population (Commonwealth of Australia, 2006;Jenkins and Harberger, 1997).…”

Section: Methodological Approaches To Measuring Transport Equitymentioning

confidence: 99%

The equity impacts of bus rapid transit: A review of the evidence and implications for sustainable transport

Venter

Jennings²,

Hidalgo³

et al. 2017

International Journal of Sustainable Transportation

118

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The paper offers an analysis of empirical evidence on the equity impacts of operational Bus Rapid Transit (BRT) systems in the Global South. The focus is on vertical equity, i.e. whether BRT systems achieve progressive benefits for poorer segments of the population. Findings from Africa, Asia and Latin America all suggest that BRT does offer significant benefits to lowincome groups, in terms of travel time and cost savings, access enhancement, and safety and health benefits. However benefits are often skewed towards medium-income users and thus less progressive than they might be. Two primary reasons for this are insufficient spatial coverage, and inappropriate fare policies. While many features of BRT potentially allow it to deliver pro-poor outcomes, such outcomes only materialise if BRT implementers pay specific and sustained attention to equity. The paper identifies key issues that need to be addressed to steer BRT implementation towards more socially sustainable outcomes, critical amongst which is to improve integration with other transit, paratransit, and non-motorised transport services, and with the housing sector.

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Section: Methodological Approaches To Measuring Transport Equitymentioning

confidence: 99%

The equity impacts of bus rapid transit: A review of the evidence and implications for sustainable transport

Venter

Jennings²,

Hidalgo³

et al. 2017

International Journal of Sustainable Transportation

118

View full text Add to dashboard Cite

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“…This second diagram takes a partial equilibrium perspective and hence does not attempt to represent the full range of GDP effects (associated with labour, capital and trade flows) that could be represented in a separate EIA study. Source: Weisbrod, Mulley and Hensher, 2015. Note: This also draws from earlier studies: see Wang, 2015;Weisbrod et al, 2015Weisbrod et al, , 2006.…”

Section: Estimating Wider Economic Impacts In Transport Project Priormentioning

confidence: 79%

“…The three lines of analysis are: BCA, EIA and FIA. Their inter-relationships, differences and uses have been discussed in a number of prior papers and reports (for instance, Thompson, 2008;Weisbrod et al, 2015). While they can complement each other and can be used together to inform decision-making, they also yield very different ways of viewing economic benefits and impacts.…”

Section: Benefit and Impact Definitionsmentioning

confidence: 99%

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Estimating wider economic impacts in transport project prioritisation using ex-post analysis

Weisbrod¹

2017

ITF Roundtable Reports

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“…Moreover, traffic congestion is regarded as one of the variables that severely affects, among other, economic development in megacities [1]; for example, it is believed that traffic jams costs the city of Cairo, Egypt, an estimated USD eight billion every year, equivalent of 4 percent of the country's economic output [2]. Also, it adversely contributes to air and environmental pollution, urban mobility, and, ultimately, the quality of life of those living in urban environments [1, [3][4][5][6][7].…”

Section: Introductionmentioning

confidence: 99%

Transport Infrastructure Interdependency: Metro’s Failure Propagation in the Road Transport System in Mexico City

2019

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On Friday, 3 March 2017, at about 18:19 h, a metro track failed, prompting about 50% of Mexico City's metro line-C to a halt. The track failure occurred at a peak hour when tens of thousands of commuters were heading to their homes. Given the interdependency among the modes of transportation in the capital city, the incident caused heavy disruption; it is believed that about 45,000 commuters were affected. A systemic safety management system ('SSMS') model has been used for the analysis. The results showed that: a) the model demonstrated its potential to the analysis of the transport system interdependency; it has been found that failure propagates vertically and horizontally; b) the model highlighted that failure propagation has to do with a coordination function; c) in relation to the case study, it has been found that the actions taken by the decision-makers during the emergency were less than adequate; d) the commuters traveling patterns should be considered when designing emergency plans; and, e) more generally, there is a need for the creation of a system to manage critical infrastructure protection in the context of Mexico. It is hoped that by conducting such analyses, we may gain a better understanding of the complexity of cities.

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Recognising the complementary contributions of cost benefit analysis and economic impact analysis to an understanding of the worth of public transport investment: A case study of bus rapid transit in Sydney, Australia

Cited by 26 publications

References 3 publications

The equity impacts of bus rapid transit: A review of the evidence and implications for sustainable transport

The equity impacts of bus rapid transit: A review of the evidence and implications for sustainable transport

Estimating wider economic impacts in transport project prioritisation using ex-post analysis

Transport Infrastructure Interdependency: Metro’s Failure Propagation in the Road Transport System in Mexico City

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