Abstract

Infrastructure services are significant determinants of economic development, social welfare, trade, and public health. As such, they typically feature strongly in national development plans. While governments may receive many infrastructure project proposals, however, resources are often insufficient to finance the full set of proposals in the short term. Leading up to 2020, an estimated US$836 billion - 1 trillion will be required each year to meet growth targets worldwide (Ruiz-Nunez and Wei, 2014; World Bank). Global estimates of infrastructure investments required to support economic growth and human development lie in the range of US$65-70 trillion by 2030 (OECD, 2006), while the estimated pool of available funds is limited to approximately US$45 trillion (B20, 2014). The past twenty years have also seen a shift towards decentralized infrastructure planning. Many subnational governments, regional entities, and sector agencies have been delegated responsibility for infrastructure planning promote local responsiveness, but responsibility for allocating funds often remains with a centralized finance agency (CFA). While constituencies may propose numerous projects, governments often have insufficient financial resources to implement the full suite of proposals. This report presents the IPF methodology and results of the pilot application to a select set of transport and water and sanitation projects in Panama. The report first gives background information on infrastructure prioritization in Panama, then follows with a description of the IPF in technical and implementation terms. Next, we present the results of the pilot and close with recommendations for implementing IPF to a wider set of projects.

Abstract

Building and improving road infrastructure in Slovakia is currently influenced by the amount of state funding. Therefore, it is necessary to determine the effectiveness of each proposed solution of road project, which is based on life-cycle costs. Besides capital costs, social costs are also important, which valued the negative impacts due to road construction and operation on road users, the environment, and the population living in the affected area. Some components of social costs have shortcomings in quantifying and valuating, which need to be resolved. The one of important components which affects human health and the value of an area, and have some shortcomings are noise costs. Improvement of this component will lead to more accurate valuation of economic efficiency of roads. Document type: Article

Abstract

In recent years, many countries have published their timetables to promote electric vehicles. Many researches have focused on the benefits of electric vehicles. Compared with gas vehicles, electric vehicles are more suitable for modern cities, because they are considered to be environment-friendly by the public. Hence we pay attention to the environmental costs of electric vehicles. In this paper, an electric vehicle network is established. To analyze this electric vehicle network, we define environmental costs for the network and propose a stochastic user equilibrium model to describe drivers’ route choice behavior. An algorithm is proposed to solve this model. The model and the algorithm are illustrated through a numerical example. We test the calculation feasibility of the proposed model and the computational efficiency of the proposed algorithm via this numerical example. A comparative analysis is conducted to show the benefits of introducing electric vehicles into traffic networks. With the sensitivity analysis, we also reveal the relationship between people’s environmental awareness, the quantity of electric vehicles and the environmental costs of the overall traffic network. Document type: Article