• Title/Summary/Keyword: transportation investment policy

Search Result 92, Processing Time 0.026 seconds

A Proposal for the Evaluation Method Improvement of Transport Investment with the Transportation Policy Change (교통정책변화에 따른 교통투자평가방법 개선에 관한 제언)

  • 방연근;김현웅
    • Proceedings of the KSR Conference
    • /
    • 2000.05a
    • /
    • pp.43-50
    • /
    • 2000
  • This paper shows the recent changes of national transportation policies in some developed countries and argues that the evaluation method of the effect of transportation investment on national economy should be improved to reveal real impact of the investment. The evaluation method should develope effective performance indicators of the goals set in national transportation policy. To estimate correctly the magnitude of transportation services in national economy, the evaluation method also provides a way to measure in-house transportation services and to overcome the limits of marginal effect equal equation.

  • PDF

Development of the Analysis Methodology for Interrelationship between Transportation Facilities (교통시설 상호연관성 분석방법론 개발)

  • Namkung, Baekkyu;Chung, Sungbong;Chang, Yu-Jin
    • International Journal of Highway Engineering
    • /
    • v.15 no.3
    • /
    • pp.169-176
    • /
    • 2013
  • PURPOSES : Lots of criticism such as over/duplication investment, inconsistency of the policies among local governments and national plans etc. has been aroused due to the policy of supply-driven construction for transportation facilities. Recently, according to the environmental-friendly transportation policy, the investment of railroad has been expanded gradually, however the duplication with existing road facility makes it difficult to construct railroad. Thus it is necessary to evaluate the interrelationship between new project and existing facilities in the planning stage. However the method and the criteria for analyzing the duplication and over-investment of projects are not established in the manual, thus the feasibility of these projects are carried out from the economic point of view. METHODS: First, It reviewed about interrelationship criteria(domestic, overseas) and proposed implications and this study directions. Next, It developed the methods of evaluating independency, competitiveness and complementarity. RESULTS : In this study, the methods of evaluating independency, competitiveness and complementarity etc. are suggested to analyze the interrelationship between transportation facilities. The case study was carried out to examine the applicability of the methods. CONCLUSIONS: The methods raise rationality of decision-making compared to existing one. In the future, these methods are introduced into the manual of pre-feasibility study and feasibility study, more efficient decision-making and investment are expected.

A Study on Criteria for investment Priority of Railway Project (철도건설 투자우선순위에 관한 연구)

  • Park, Il-Ha;Park, Yong-Gul;Kim, Si-Gon
    • Proceedings of the KSR Conference
    • /
    • 2008.11b
    • /
    • pp.112-116
    • /
    • 2008
  • Determining the investment priority of the railway project is essential to keep its object of railway investment. [National railway construction plan] provide 4 major evaluation indicators and their weighting range in determining the investment priority of railway construction. Which are investment efficiency, inter-regional balance of development, network effects, government supporting policy. However this present criteria has inconsistency in determining economical feasibility of the railway transportation when applying the same evaluation indicator, investment efficiency, with the road transportation. The railway transportation is superior to road transportation in terms of transportation capacity and distance, while offering less carbon emissions. In spite of the prominent position of the railway transportation, it can be failed to obtain its proper investment priority when being determined under economical feasibility based. Therefore, this study analyzed the inconsistency under present evaluation criteria and proposed new evaluation method for the investment priority of the railway construction using AHP(analytic hierarchy process), while differentiate from the road construction. This method is optimized for only determining the priority of the railway construction itself under object of railway investment respectively.

  • PDF

Limits of Logit Models in Transportation Policy Evaluation : Expected Utilities in Logit Models (교통정책평가에 있어 Logit모형의 한계 : Logit모형에 있어서의 기대효용)

  • 조중래
    • Journal of Korean Society of Transportation
    • /
    • v.5 no.1
    • /
    • pp.25-31
    • /
    • 1987
  • This article shows that, in the logit models, the(conditional) expected utility of the decision makers choosing an alternative is invariant across all alternatives. This property of the logit model implies that the logit model can not explain the distributional wealfare effects of a transportation policy (or transportation investment) among different alternatives, and thus the logit model is not proper for evaluating transportation policy in equity aspects.

  • PDF

Study Regarding Interrelations of Transportation Network Using Multi-Criteria Analysis (다기준 분석기법을 이용한 교통네트워크의 상호연관성에 관한 연구)

  • NamKung, Baek-Kyu;Chung, Sung-Bong;Kim, Si-Gon;Yi, Su-Ho
    • Proceedings of the KSR Conference
    • /
    • 2011.10a
    • /
    • pp.1816-1824
    • /
    • 2011
  • Recently, with traffic SOC investment policy changing from road-centered to railway-centered according to environment-friendly and sustainable development, issues regarding overlapping and overinvestment of traffic facility have been raised. Regarding investment of various traffic facilities of which departure and destination are similar to each other, academia, civic organizations, government, etc. are recognizing problems including overlapping investment of budget, environmental destruction, etc., but not suggesting definite solutions. Objective transportation network analysis is required because various positive effects including solutions of delay/congestion may occur due to provision of alternative way and distribution of the amount of traffic when accidents occur, as well as negative effects suggested by some of civic organizations in various transportation facility investment of similar departure and destination. Hereupon, this study tries to suggest a tool that can objectively evaluate interrelations of transportation network by applying multi-criteria analysis including economic feasibility regarding analysis of interconnections between and within means of transportation.

  • PDF

Efficiency Plan of Transportation Investment Appraisal System (국내 교통SOC 투자평가체계 효율화 방안)

  • Chung, Sung Bong;Namkung, Baek Kyu
    • Journal of Korean Society of Transportation
    • /
    • v.32 no.4
    • /
    • pp.336-346
    • /
    • 2014
  • Recently interest and concern about the effectiveness of the transportation investment policy have been increasing because lots of transportation projects reflected to the National Transportation Plan are suspended or delayed during pre-feasibility study. For instance, the criticism such as overlap and deficiency in consistency in appraisal system were aroused because of the waste of budget, time and man-power etc. This is because the Korea government adopted pre-feasibility study for the purpose of efficient use of national budget, but the methodology and the appraisal contents are similar to the existing feasibility study. Also, the feasibility appraisal study was adopted in 1999 for the purpose of establishing efficient transport networks but the feasibility study has been substituting the function which should be conducted by feasibility-appraisal study. In this study, by reviewing the current situation and the purport of introducing these policies, the understanding of these policies could be increased. Then, the plans for improving the efficiency of transportation appraisal system are suggested in the context of strengthening the connectivity between these policies. This study is expected to play an important role in increasing the rationality, consistency and efficiency of transportation investment policies.