Tutor information is taken from the Module Catalogue
The Green Book
HM Treasury (2020), The Green Book: appraisal and evaluation in central government. London: TSO
Transport Appraisal Guidance: TAG
DfT (2020), Transport Analysis Guidance (TAG):
including TAG Data Book (July 2020 version):
Core text-books / Principles of appraisal
Nellthorp J (2017) ‘The principles behind transport appraisal’, Chapter 12 in the Routledge Handbook of Transport Economics, pp.176-208. (PDF copy available on Minerva via Learning Resources).
De Rus, G. (2010). Introduction to cost-benefit analysis: looking for reasonable shortcuts. Edward Elgar Publishing.
Mouter, N. (2020). Standard Transport Appraisal Methods. Academic Press.
Transport appraisal in practice
Mackie, P., Worsley, T., & Eliasson, J. (2014). Transport appraisal revisited. Research in Transportation Economics, 47, 3-18.
Mackie, P. and Worsley, T. (2013). International Comparisons of Transport Appraisal Practice. Overview Report
Mackie, P. and Worsley, T. (2015). Transport Policy, Appraisal and Decision-Making. RAC Foundation
User Benefits: Value of time
Batley, R., Bates, J., Bliemer, M., Börjesson, M., Bourdon, J., Cabral, M. O., .. & Drivyla, E. (2019). New appraisal values of travel time saving and reliability in Great Britain. Transportation, 46(3), 583-621.
DfT (2015b), Understanding and Valuing Impacts of Transport Investment: Values of Travel Time Savings. London: DfT.
Mackie, P. Jara-Diaz, S. and Fowkes, A.S. (2001). The value of travel time savings in evaluation. Transportation Research Part E, 37, pp.91-106
Borjesson, M. and Eliasson, J. (2014). Experiences from the Swedish Value of Time study. Transportation Research Part A, 59, pp.144-158
User Benefits: other valuation evidence
Wardman, M. (2014). Valuing Convenience in Public Transport: Roundtable Summary and Conclusions
Abrantes, P. and Wardman, M. (2011) Meta-analysis of UK values of travel time: an update. Transportation Research Part A, 45, pp1-17.
Costs of transport infrastructure
Flyvbjerg B, Holm MKS and Buhl SL (2003), ‘How common and how large are cost overruns in transport infrastructure projects?’, Transport Reviews, 23(1), 71-88
Flyvbjerg, B., Skamris Holm, M. K., & Buhl, S. L. (2004). What causes cost overrun in transport infrastructure projects?. Transport reviews, 24(1), 3-18.
Wider Economic Impacts
Venables, A., Laird, J. J., & Overman, H. G. (2014). Transport investment and economic performance: Implications for project appraisal.
Freeman, Groom and Spackman (2018) “Social Discount Rates for Cost-Benefit Analysis: A Report for HM Treasury” published on the HMT Green Book web page
High-Speed Rail (HSR)
Nash CA (2015), ‘When to invest in high speed rail’, Journal of Rail Transport Planning & Management, 5(1), 12–22.
Albalate, D., & Bel, G. (Eds.). (2016). Evaluating high-speed rail: Interdisciplinary perspectives. Taylor & Francis.
Metz’s critique of transport appraisal
Metz, D. (2008). The myth of travel time saving. Transport reviews, 28(3), 321-336. (Available also online via the Library Catalogue)
Mackie, P., Batley, R., & Worsley, T. (2018). Valuing transport investments based on travel time savings—a response to David Metz. Case Studies on Transport Policy, 6(4), 638-641.
Metz, D., 2017. Valuing transport investments based on travel time saving: Inconsistency with United Kingdom policy objectives. Case Studies on Transport Policy, 5(4), pp.716-721.
Metz, D.A. 2004. Travel time – variable or constant? Journal of Transport Economics and Policy, 38(3), pp333-344
Metz, D., 2010. Saturation of demand for daily travel. Transport Reviews, 30(5), pp.659-674.
Examples of projects appraisal:
National Audit Office (2019). Completing Crossrail.
National Audit Office (2014) Crossrail, London
Worsley, T. (2011) The Evolution of London’s Crossrail Scheme and the Development of the Department for Transport’s Economic Appraisal. Discussion Paper 27, ITF, Paris
Oakervee (2020), Oakervee Review. London: DfT
Department for Transport (2020). Full Business Case High Speed 2 Phase One
HS2 Ltd (2017), High Speed Two Phase Two: Economic case advice for the Department for Transport.
DfT (2015a), HS2 West Midlands to Crewe Strategic Outline Business Case Economic Case. London: DfT.
NAO (2012), The completion and sale of High Speed 1. Report by the Comptroller and Auditor General, HC1834, 28 March 2012.
House of Lords Select Committee on Economic Affairs (2015), The Economics of High Speed 2. HL Paper 134. London: TSO.
East West Rail
DfT (2018). The case for East West Rail, Western Section Phase 2
Transport Scotland and Ernst & Young (2012). Borders Railway Final Business Case final version
Beyond current appraisal practice
Consumer vs. Citizen paradigm
Mouter, N., Van Cranenburgh, S., & Van Wee, B. (2017). Do individuals have different preferences as consumer and citizen? The trade-off between travel time and safety. Transportation research part A: policy and practice, 106, 333-349.
Mouter, N., Koster, P., & Dekker, T. (2019). An Introduction to Participatory Value Evaluation
This list was last updated on 19/01/2022