Published: September 2011 | Category: Activity management , Research programme , Research & reports | Audience: General
This paper develops a methodology and evidence to enable the assessment of wider economic impacts of transport.
Quantifying these wider economic impacts is important as they are likely to be non-trivial in magnitude and they are currently excluded from the current appraisal methods.
The paper derives New Zealand-based values of key parameters on imperfect competition benefits, increased competition benefits, labour supply benefits and job relocation benefits.
The methodology and the key parameters are then applied to a transport project to demonstrate how the wider economic impacts can be quantified.
Keywords: imperfect competition benefits, increased competition benefits, job relocation benefits, labour, supply benefits, wider economic impacts
