Economic Efficiency of Large-Scale Infrastructure Projects in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26110%2F14%3APU111606" target="_blank" >RIV/00216305:26110/14:PU111606 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Economic Efficiency of Large-Scale Infrastructure Projects in the Czech Republic
Original language description
This article examines the corporate economic efficiency of large-scale government investment into road infrastructure of the Czech Republic. The research objective is to analyse and evaluate the achieved level of economic efficiency of road and highway projects in the Czech Republic, and at the same time the expediency of the investment resources spent on their realisation. This paper identifies and assesses the approach used in the Czech Republic to evaluate these types of projects. Based on a sample of case studies, a comparison is made between the results achieved from the point of view of the costs and gains of administrators as well as the users of the road infrastructure, and the environmental impact. CBA (cost-benefit analysis), sensitivity analysis and mathematical simulation using the Monte Carlo method have been used. The conclusion discusses the analyses and mathematical simulations wi th the aim of evaluating the manner in which these projects are being analysed from the point of view of economic efficiency. Further important factors which have a fundamental influence on efficiency have also been researched, and possible obstacles to evaluation or to properly achieving the economic efficiency of infrastructure projects are identified.
Czech name
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Czech description
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Project
<a href="/en/project/LD14113" target="_blank" >LD14113: Efficiency of Megaprojects in the Czech Republic</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the Second International Conference on Traffic and Transport Engineering (ICTTE)
ISBN
978-86-916153-2-1
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
608-615
Publisher name
Scientific Research Center ltd Belgrade
Place of publication
Belgrade, Serbia
Event location
Belgrade
Event date
Nov 27, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000348569200075

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