Benefits from more efficient infrastructure investment decision-making
In this novel application of the infrastructure Wider Economic Benefits approach, we quantify the cost to society of these further delays for the first time, by using the example of the Waikato Expressway. We used our subregional CGE model to estimate the downstream benefits of the Expressway. At a high-level, results of our analysis quantify the annual benefits of having the Waikato Expressway in the economy. Without the expressway in function as early as possible, $334 million of economic benefits were forgone each year.
Read the report here.
Principal Economics. (2022). Great decisions are timely: Benefits from more efficient infrastructure investment decision-making. Report to Infrastructure New Zealand.