EconSearch Completed Project
Project: Economic Assessment of Melbourne East-West Link Options (2008)
Client: East West Transport link
Collaborator: Meyrick & Associates and SDG
Summary: The economic analysis of potential solutions was constructed around three main work streams (EconSearch undertook part 2 of the analysis):
- A cost benefit analysis (CBA), focusing on the direct impact of the proposed interventions;
- A quantitative assessment of the indirect or flow-on effects of the project using Computable General Equilibrium (CGE) modelling; and
- An assessment of the economy-wide benefits that flow from improving the functioning of the transport sector – referred to as the Wider Economic Benefits.