Daily Archives: 28 February 2012

Gauging the socio-economic impacts of future urban transport initiatives

As we set out on the first of the city programs organized in this pioneering Equity/Transport series, the Helsinki project that gets underway on 1 March, it  is useful to bear in mind that to fully understand the concept of equity as a major driver of policy in the sector requires that we move well beyond the more traditional techniques of investment and impact analysis such as cost-benefit analysis. The authors take direct aim at this issue when they state: “The classical cost-benefit analysis, then, needs to be replaced by a socio-economic impact assessment methodology (SEIA) to get a measure of expected benefits and costs to different groups.”  So without further ado let’s turn to see what the authors have to share with us on this important topic.
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