|Title:||Economic Evaluation of Road Improvements: A Tourism Perspective|
|Abstract:||From a tourism perspective, shortcomings in the traditional evaluation procedures for road improvements include the valuation of traditional benefits without considering different values for tourism; the lack of valuation of “intangible” benefits; and treatment of other issues such as peaking phenomenon, traffic generation, economic development benefits and benefits to international visitors. The tourism perspective coud be better taken into account in evaluation of road improvements by more research into valuation of tradional and intangible benefits, by adopting a strategic focus, and by conducting sensitivity analysis of key parameters.|
|Type of Work:||Working Paper|
|Appears in Collections:||ITLS Working Papers 1995|
|ITS-WP-95-8.PDF||53.33 kB||Adobe PDF|
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