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SOME KEY lSSUES
MULTlCRlTERlA ANALYSlS 187
11 other sections not shown
adjustment aggregate employment Allen Consulting assumptions Australian economy Austroads benefits and costs BTCE capital cent chapter City Link construction consumer surplus consumption CTCS current account balance discount rate economists employment effects equilibrium evaluation example expenditure export finance foreign debt freight costs generalised cost highway imperfect competition income taxes increase induced traffic benefit industry inland railway inputs interest rate labour supply lMP model ln addition marginal measures of benefit monopoly national economic models national output numeraire ORANl Pareto principle partial equilibrium Princes Highway private investment production public investments rate of return real GDP reduce regional development effects return on private risk premium road BCAs road investments road projects sector shadow pricing simulations social costs society STPR total benefit tourist transport BCA transport costs transport improvement transport investments transport outcomes transport projects trip truck upgrading welfare gain workers