What characterises road projects with positive net benefit-cost ratios? Insights from Norway and Sweden
• The front-end of projects is crucial for selecting the right project for appraisal. • Identifying factors that can aid in selecting potentially economically viable projects at an early planning stage can help planners avoid further developing projects that will entail a negative social benefit. • Projects with positive net benefit-cost ratios are characterised by high traffic levels, population density and local income level. • Smaller projects have a higher net benefit-cost ratio than larger ones.
Authors
- Gro Holst Volden (ORCID: https://orcid.org/0000-0003-2304-5562)
- Maria Börjesson (ORCID: https://orcid.org/0000-0001-9235-0232)
- James Odeck (ORCID: https://orcid.org/0000-0002-5386-7244)
- Morten Welde (ORCID: https://orcid.org/0000-0003-4391-2029)
- Johanna Jussila Hammes (ORCID: https://orcid.org/0000-0001-7864-5982)
Institutions
- Norwegian University of Science and Technology (NO)
- Swedish National Road and Transport Research Institute (SE)
Publication Details
- Journal
- Transport Policy
- Published
- 2025-03-09
- DOI
- https://doi.org/10.1016/j.tranpol.2025.03.008
- Citations
- 1
- Primary Topic
- Construction Project Management and Performance
- Type
- article
- Field-Weighted Citation Impact
- 2.11