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Home / Journal of Transport Economics and Policy (JTEP), Volume 53, Number 3

Free Content On the Treatment of Foreigners and Foreign-owned Firms in the Cost-benefit Analysis of Transport Projects

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Authors: Johansson, Per-Olov; de Rus, Ginés

Source: Journal of Transport Economics and Policy (JTEP), Volume 53, Number 3, July 2019, pp. 275-287(13)

Publisher: Journal of Transport Economics and Policy

This paper addresses the issue of the treatment of foreigners and foreign-owned firms in the costbenefit analysis of transport projects. The distinction between the indirect utility function of national and non-national allows the consideration of some relevant cases. These are: the common case of zero weights to foreign consumers, and foreign companies shipping their producer surpluses abroad; the case of local firms owned by foreigners; the altruist local household case; the consequence of fixed factors (for example, land) for the evaluation of foreign surpluses in infrastructure investment; and the case of transnational projects with asymmetrical distribution of costs and benefits.

Document Type: Research Article

Publication date: July 1, 2019

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