Economic contributions of investments of transport infrastructure are typically assessed from a microeconomic perspective, which tries to identify the link between specific transport infrastructure improvements and the productivity of specific production units. The traditional economic tool of...

Assessments of the economic benefits of transportation infrastructure investments are critical to good policy decisions. At present, most such assessments are based of two types of studies: micro-scale studies in the form of cost-benefit analysis (CBA) and macro-scale studies in the form of...