Early-phase evaluation and screening of infrastructure investment projects using the analogy methodology

IF 3.4 3区 工程技术 Q1 ECONOMICS
Hans Otto Hauger
{"title":"Early-phase evaluation and screening of infrastructure investment projects using the analogy methodology","authors":"Hans Otto Hauger","doi":"10.1016/j.retrec.2025.101637","DOIUrl":null,"url":null,"abstract":"<div><div>This paper presents the Analogy Method as a pragmatic approach to address the challenges of transportation planning, under the Norwegian government's extensive investment plan of 1308 billion NOK for infrastructure improvements during 2025–2036. The plan aims to foster mobility, regional development and environmental sustainability, necessitating efficient resource allocation that meets political objectives while permitting quantifiable evaluation of impacts. Traditional analytical methods often fall short due to data limitations and time constraints faced by decision-makers. In response, this study demonstrates the broader applicability of the Analogy Method within the transportation sector with an analysis of high-speed railway impacts on regional development in the Eidsvoll and Aurskog-Høland areas. Through the comparative analysis of known phenomena with emerging projects, the Analogy Method facilitates early cost/benefit predictions, offering a strategic tool for decision-makers under pressure. This paper explores the concept of generalised travel costs (GCs) in assessing socio-economic impacts and illustrates the resulting time savings, cost efficiency and clarity in evaluations. The article outlines the method's theoretical foundation and applies it to a case study of a proposed railway station project, aiming to elucidate both the economic profitability for society and the implications for broader planning practices. In addressing two key research questions – whether the Analogy Method can effectively predict socio-economic impacts in data-scarce environments and how its application increases understanding of project benefits and costs – this paper aspires to bridge theoretical insights with practical applications. The findings encourage further exploration of the Analogy Method's potential in transportation planning and its capacity to support informed, data-driven decision-making amidst the complexities of infrastructure development.</div></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"114 ","pages":"Article 101637"},"PeriodicalIF":3.4000,"publicationDate":"2025-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Research in Transportation Economics","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0739885925001209","RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0

Abstract

This paper presents the Analogy Method as a pragmatic approach to address the challenges of transportation planning, under the Norwegian government's extensive investment plan of 1308 billion NOK for infrastructure improvements during 2025–2036. The plan aims to foster mobility, regional development and environmental sustainability, necessitating efficient resource allocation that meets political objectives while permitting quantifiable evaluation of impacts. Traditional analytical methods often fall short due to data limitations and time constraints faced by decision-makers. In response, this study demonstrates the broader applicability of the Analogy Method within the transportation sector with an analysis of high-speed railway impacts on regional development in the Eidsvoll and Aurskog-Høland areas. Through the comparative analysis of known phenomena with emerging projects, the Analogy Method facilitates early cost/benefit predictions, offering a strategic tool for decision-makers under pressure. This paper explores the concept of generalised travel costs (GCs) in assessing socio-economic impacts and illustrates the resulting time savings, cost efficiency and clarity in evaluations. The article outlines the method's theoretical foundation and applies it to a case study of a proposed railway station project, aiming to elucidate both the economic profitability for society and the implications for broader planning practices. In addressing two key research questions – whether the Analogy Method can effectively predict socio-economic impacts in data-scarce environments and how its application increases understanding of project benefits and costs – this paper aspires to bridge theoretical insights with practical applications. The findings encourage further exploration of the Analogy Method's potential in transportation planning and its capacity to support informed, data-driven decision-making amidst the complexities of infrastructure development.
运用类比方法对基础设施投资项目进行早期评价与筛选
根据挪威政府在2025-2036年期间投资1380亿挪威克朗用于基础设施改善的广泛计划,本文提出了类比法作为解决交通规划挑战的实用方法。该计划旨在促进流动性、区域发展和环境可持续性,需要有效的资源分配,以满足政治目标,同时允许对影响进行可量化的评估。由于决策者面临的数据限制和时间限制,传统的分析方法往往存在不足。作为回应,本研究通过分析高速铁路对Eidsvoll和Aurskog-Høland地区区域发展的影响,证明了类比方法在交通运输部门的广泛适用性。通过对已知现象和新兴项目的比较分析,类比法有助于早期的成本/收益预测,为面临压力的决策者提供战略工具。本文在评估社会经济影响时探讨了广义旅行成本(GCs)的概念,并说明了由此产生的时间节约、成本效率和评估的清晰度。本文概述了该方法的理论基础,并将其应用于一个拟建火车站项目的案例研究,旨在阐明社会的经济盈利能力以及对更广泛的规划实践的影响。为了解决两个关键的研究问题——类比法是否可以有效地预测数据稀缺环境中的社会经济影响,以及它的应用如何增加对项目收益和成本的理解——本文渴望将理论见解与实际应用联系起来。研究结果鼓励进一步探索类比方法在交通规划中的潜力,以及在复杂的基础设施发展中支持知情、数据驱动决策的能力。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
CiteScore
8.40
自引率
2.60%
发文量
59
审稿时长
60 days
期刊介绍: Research in Transportation Economics is a journal devoted to the dissemination of high quality economics research in the field of transportation. The content covers a wide variety of topics relating to the economics aspects of transportation, government regulatory policies regarding transportation, and issues of concern to transportation industry planners. The unifying theme throughout the papers is the application of economic theory and/or applied economic methodologies to transportation questions.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:604180095
Book学术官方微信