The article on the work of Professor Peter Mackie and Tom Worsley on how to make transport appraisal more relevant to the real economy is very welcome (‘Experts identify priorities to keep appraisal relevant to policy’ LTT 10 Jul).
While the tools to assess the economic impacts (growth in employment, Gross Value Added (GVA) and housing, for example) of transport investment are still developing, enough progress has been made with their functionality and application to draw some...
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