Model for Evaluation of the Economic-Social-Environmental Outcomes of Investments in Road Transport Infrastructure
Waldemar Kozłowski
Chair of Spatial and Environmental Economics, Faculty of Economic Sciences, University of Warmia and Mazury in OlsztynAbstract
This paper presents a model for valuation of the economic-social benefits and costs of investments in road transport infrastructure. The analysis of benefits and costs was based on three research areas: economic, social and environmental. Currently, the valuation of benefits and costs resulting from investments in road infrastructure is increasing in importance from the perspective of local development assigning a special role to road investments. Modernisation of road infrastructure has an indirect influence on the economic development of municipalities in the form of so-called economic-social-environmental outcomes that are of both a direct and indirect nature.
Keywords:
road infrastructure, benefit-cost analysis, municipalityReferences
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Chair of Spatial and Environmental Economics, Faculty of Economic Sciences, University of Warmia and Mazury in Olsztyn
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