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Economic Analysis Primer.
| 题名： | Economic Analysis Primer. |
| 关键词： | *Transportation-management; *Traffic-engineering; *Decision-making; *Economic-assessment.;Public-transportation-systems; Management-methods; Management-planning; Data-collection; Methodology-; Life-cycle-costs; Infrastructure-; Transportation-planning; Cost-effectiveness; Planning-; Economic-aspects; Cost-benefit-analysis; Benefit-cost-analysis; Risk-assessment. |
| 摘要： | This primer begins by explaining what economic analysis is and why it is important to transportation decision making. The narrative proceeds to some of the fundamental concepts required for the economic analysis of projects (inflation and discounting) and then describes actual applications of economic analysis methodology, especially life-cycle cost analysis and benefit- cost analysis. An issue critical to accurate calculations of project net benefits-forecasting traffic growth-is addressed after the treatment of benefit-cost analysis. Risk analysis can greatly improve the usefulness of economic analysis to decision makers. This subject is handled in a separate section, although it applies to all of the economic methods described in this primer. Economic impact analysis is discussed at the end of the primer. It complements benefit-cost analysis by revealing how the direct transportation benefits and costs of highway projects (such as reduced travel time) manifest themselves in the form of new jobs, business growth, tourism, and income. Such information is often important for making decisions about highway projects. |
| 报告类型： | 科技报告 |
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