The Economic Costs of Unfinished Highways in the Czech Republic

Abstract

This thesis attempts to introduce between economists overlooked topic of highway effects to a wider audience in the hope of promoting discussion about the efficiency of infrastructure investment. It is also believed to be the first academic writing to question, verify, update and extend the offi- cial Czech guidelines used for highway cost and benefit analyses through a wide literature review, making it useful to road transport experts. The main focus is on the unit prices and quantities estimation of various costs and benefits, whereas the software calculation is not analyzed in such detail. Literature review, centered around the European recommendations and related academic research, a brief description of the cost and benefit evaluation of road infrastructure in the Czech Republic, and proposed changes in time costs, accidents, air pollution, climate change, landscape, biodiversity and time indexation are presented. Abstrakt Tato práce se snaží širšímu publiku představit ekonomy přehlížené téma efektů dálnic a posílit diskuzi o efektivitě investic do infrastruktury. Velmi pravděpodobně je první akademickou pub- likací, která ověřuje, aktualizuje a rozšiřuje oficiální českou metodiku používanou pro analýzu přínosů a nákladů dálniční infrastruktury, za pomoci širší literatury a může být užitečnou...

This thesis attempts to introduce between economists overlooked topic of highway effects to a wider audience in the hope of promoting discussion about the efficiency of infrastructure investment. It is also believed to be the first academic writing to question, verify, update and extend the offi- cial Czech guidelines used for highway cost and benefit analyses through a wide literature review, making it useful to road transport experts. The main focus is on the unit prices and quantities estimation of various costs and benefits, whereas the software calculation is not analyzed in such detail. Literature review, centered around the European recommendations and related academic research, a brief description of the cost and benefit evaluation of road infrastructure in the Czech Republic, and proposed changes in time costs, accidents, air pollution, climate change, landscape, biodiversity and time indexation are presented. Abstrakt Tato práce se snaží širšímu publiku představit ekonomy přehlížené téma efektů dálnic a posílit diskuzi o efektivitě investic do infrastruktury. Velmi pravděpodobně je první akademickou pub- likací, která ověřuje, aktualizuje a rozšiřuje oficiální českou metodiku používanou pro analýzu přínosů a nákladů dálniční infrastruktury, za pomoci širší literatury a může být užitečnou...