Transport infrastructure development in the context of sustainable development: towards evidence base
Transport infrastructure development in the context of sustainable development: towards evidence base
Author(s): Diana MICEVIČIENĖSubject(s): Economy
Published by: Kauno Technologijos Universitetas
Keywords: transport; infrastructure; sustainable; development
Summary/Abstract: The paper generally raises the aspects of the validity of investment in highway infrastructure development in the context of sustainability pursuit. The pilot analysis based on the author’s assumptions as well as empirical data allowed to state that change of socio-economic effects in the result of highway infrastructure development might be questioned. It focuses on experience with the notion of the assessment of so called direct benefits associated with the investments rather than the estimation of the indirect ones in context of so popular in practice cost-benefit analysis generating a huge literature in its own right. The question of an adequate, socially and economically reasonable assessment of development is raised.
Journal: CHANGES IN SOCIAL AND BUSINESS ENVIRONMENT
- Issue Year: 2011
- Issue No: 04
- Page Range: 138-142
- Page Count: 5
- Language: English