A study on techno-economic aspects for highway projects

Abstract

The paper outlines several methods of carrying out conomic analysis of highway projects.The emphasis is on the factors to be considered and their effect on the results of economic analysis. Viewpoints of various authors about inflation and discount rate are given. Various cost and benefit factors related to the highway transportation projects are given in the paper. The different concepts available to use in various economic analysis methods are highlighted. This paper outlines the important information which should be considered while selecting particular type of economic analysis methods for a specific project- This paper also covers the various applications of economic analysis methods in different projects. Primarily, the different problems, which are met usually in carrying out economic analysis, are also incorporated.