Wider economic benefits in transport appraisal
Wider economic benefits of transport derive from the indirect impacts transport can have on transport using markets which are not perfectly competitive. The possibility of including these impacts in appraisal was first considering in SACTRA (1999) and subsequently the Eddington Study (2006).
This part of the website contains several discussion papers and research papers written either by the department or by academics and experts in this area of appraisal. It is also the central resource for information and data relevant to carry out an appraisal of wider economic benefits for transport schemes.
The pages are intended for transport economists and experts in appraisal and therefore contain a high level of technical detail.
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News
Wider Economic Benefits in the NATA Refresh - Summary of Discussion Seminar
On 21 February 2008 DfT held a seminar to discuss the appraisal of Wider Economic Benefits (WEBs). The seminar formed part of the NATA refresh stakeholder discussion programme. This note is a write-up of the external stakeholder event and aims to report some of the most common themes of the day.
- Published:
- 01 April 2008
Theory
Key projects developed by the department in understanding the theory underlying the appraisal of wider economic benefits. This includes the work of Dr Dan Graham. It is of interest for those looking to understand the impacts of transport on productivity, agglomeration and labour markets.
Methodology
All papers related to the estimation techniques that could be used in an assessment of the wider economic benefits. This includes the departments 2005 discussion paper, a subsequent paper to assess the usability issues and other papers on the development of guidance. This section is designed specifically for scheme promotors and appraisers who want to keep track of the development of the guidance.
Data sources
Information, links and bespoke datasets for the calculation of wider economic benefits. This includes a downloadable dataset of agglomeration elasticities produced by Dr Dan Graham. This is intended for scheme appraisers who are looking to estimate the impact of transport on wider economic benefits.
For related documents, pages and internet links, see the column on the right.
