Journal article

Do The Selected Trans European Transport Investments Pass The Cost Benefit Test?

Transport infrastructure
Cost benefit analysis
Europe

This paper assesses the economic justification for the selection of priority projects defined under the auspices of the Trans-European transport network. Three different transport models are used to analyse the costs and benefits associated with the current list of 30 priority projects. Most of these projects fail the cost-benefit test and few of the economically justifiable projects would need European subsidies to ensure their viability. Two remedies are proposed to minimise the inefficiencies surrounding project selection. The first remedy would oblige each member state or group of states to perform a cost-benefit analysis, followed by peer review and ensure that the results were published publicly prior to the ranking of federally funded priority projects. The second remedy would require federal funding to be made available only for projects with important spillovers to other countries in order to avoid pork barrel political behaviour.

Other publications by

36 publications found

2017
Journal article

Spatial Disparities, Transport Infrastructure, and Decentralization Policy in the Delhi Region

Publisher: Journal of Urban Planning and Development

Authors: Artem Korzhenevych, Manisha Jain

2018
Working paper

Investment Subsidies And Regional Welfare: A Dynamic Framework

Publisher: Technische Universität Dresden

Authors: Artem Korzhenevych, Johannes Bröcker

2019
Journal article

Determinants Of Growth In Non‑Municipal Areas Of Delhi: Rural–Urban Dichotomy Revisited

Publisher: Journal of Housing and the Built Environment

Authors: Artem Korzhenevych

2009
Book Chapter

Regional Unemployment and Welfare Effects of the EU Transport Policies: Recent Results from an Applied General Equilibrium Model

Publisher: Springer Berlin

Authors: Artem Korzhenevych, Johannes Bröcker

2010
Journal article

Assessing Spatial Equity And Efficiency Impacts Of Transport Infrastructure Projects

Publisher: Transportation Research Part B: Methodological

Authors: Artem Korzhenevych, Johannes Bröcker, Carsten Schürmann

2024
Journal article

New Editors-In‑Chief And Editorial Board

Publisher: Review of Regional Research

Authors: Artem Korzhenevych, Thomas Brenner, Iris Wanzenböck, Kristina Nyström

2017
Working paper

The Effect Of Land Consumption On Municipal Tax Revenue: Evidence From Bavaria

Publisher: Technische Universität Dresden

Authors: Artem Korzhenevych, Sebastian Langer

2021
Journal article

Renewable Minigrid Electrification in Off‑Grid Rural Ghana: Exploring Households Willingness to Pay

Publisher: Sustainability

Authors: Artem Korzhenevych, Charles Kofi Owusu

2021
Journal article

Integrating Spatial Development With Infrastructure Provision Along An Envisioned Transport Corridor: A Conceptual Framework And Its Application To India

Publisher: Land Use Policy

Authors: Artem Korzhenevych, Manisha Jain

2016
Working paper

The Flypaper Effect in Germany: An East‑West Comparison

Publisher: Technische Universität Dresden

Authors: Artem Korzhenevych, Sebastian Langer