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The International Transport Forum at the OECD is an intergovernmental organisation with 52 member countries. It acts as a strategic think tank for transport policy and organizes an annual summit of ministers. Our work is underpinned by economic research, statistics collection and policy analysis, often undertaken in collaboration with many of the world's leading research figures in academia, business and government. This series of Discussion Papers is intended to disseminate the International Transport Forum’s research findings rapidly among specialists in the field concerned.
Progress and Challenges in the Application of Economic Analysis for Transport Policy and Decision Making
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- Glen E. Weisbrod1, Brian Baird Alstadt
- Author Affiliations
- 1: Economic Development Research Group, Inc., United States
- 01 déc 2007
- Bibliographic information
This concluding paper discusses key aspects of the five research papers presented at this Roundtable in terms of their policy applications. It notes problems concerning how policy makers make use of economic analysis findings, and then summarizes the breadth of macro-, meso- and micro-economic methods in terms of their predictive use for infrastructure assessment and planning. It then examines tradeoffs and limitations among all the methods that affect their policy application, and it identifies directions needed to enhance the applicability of future economic models for policy makers.