- The Oxford Handbook of Megaproject Management
- List of Illustrations
- List of Tables
- List of Contributors
- Introduction: The Iron Law of Megaproject Management
- Has Megaproject Management Lost Its Way?: Lessons from History
- Cycles in Megaproject Development
- Big Is Fragile: An Attempt at Theorizing Scale
- Institutional Challenges and Solutions for Global Megaprojects
- Megaproject Decision Making and Management: Ethical and Political Issues
- Biggest Infrastructure Bubble Ever?: City and Nation Building with Debt-Financed Megaprojects in China
- Did Megaproject Research Pioneer Behavioral Economics?: The Case of Albert O. Hirschman
- Megaproject Escalation of Commitment: An Update and Appraisal
- Megaprojects as Games of Innovation
- Power and Sensemaking in Megaprojects
- A Collective-Action Perspective on the Planning of Megaprojects
- Understanding Drivers of Megaevents in Emerging Economies
- Innovation and Flexibility in Megaprojects: A New Delivery Model
- Megaproject Stakeholder Management
- Private Finance: What Problems Does It Solve, and How Well?
- Wider Impacts of Megaprojects: Curse or Cure?
- Quality Assurance in Megaproject Management: The Norwegian Way
- The Good Megadam: Does It Exist, All Things Considered?
- Cracking the Code of Megaproject Innovation: The Case of Boeing’s 787
- The Power of Systems Integration: Lessons from London 2012
- Iconic Urban Megaprojects in a Global Context: Revisiting Bilbao
- Private Provision of Public Services: The Case of Australia’s Motorways
- Megaprojects as Political Symbols: South Africa’s Gautrain
- Large Dam Development: From Trojan Horse to Pandora’s Box
Abstract and Keywords
The assessment of wider economic impacts from transport projects has become more widespread, but still provokes considerable debate. This chapter reviews the theoretical and empirical basis of such impacts and shows how the argument has developed, from a straightforward assessment of the way changes in the effective density of labor markets impact on productivity, to arguments about the transformational effects of megaprojects on the economy as a whole. It is concluded that although there are firm foundations for the existence of such additional impacts, more still needs to be done to establish a robust methodology for their acceptance.
Roger Vickerman is professor of European economics, University of Kent, Canterbury, and dean of the University of Kent's Brussels (Belgium) Campus. His main research interest is in the relationship between transport (especially major infrastructure), regional development, and integration in the European Union. He is the author of six books (including the textbook Principles of Transport Economics, with Emile Quinet) and more than 150 chapters, journal articles, and reports. He sits on the editorial boards of several journals in both transport and regional science and is editor in chief of Transport Policy.
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