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Evaluation of the Public Efficiency of an Infrastructure Project: a Case Study of the Eastern Siberia–Pacific Ocean-2 Oil Pipeline

Evaluation of the Public Efficiency of an Infrastructure Project: a Case Study of the Eastern... The paper presents the results of a study on the development and application of methodological tools for an integrated assessment of how a large-scale infrastructure project impacts the economy of a region and the country. The methodological basis of the paper is a combination of two major areas of analysis and evaluation of the efficiency of projects: project analysis techniques and methodological approaches to studying the economy in the spatial and sectoral profiles using the optimization multiregional input–output model (OMIOM). The combination of these areas makes it possible to evaluate the indirect effects of a project and obtain results for the main macroeconomic indicators at the national and macroregional levels. For the first time, the paper presents the results of calculations with the proposed approach to evaluating the public efficiency of infrastructure projects based on a real project with reliable information. The impact of the Eastern Siberia–Pacific Ocean-2 project on the economy of the Russia and the Far Eastern Federal District is comprehensively assessed taking into account the redistribution and indirect effects from implementation of the project. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Regional Research of Russia Springer Journals

Evaluation of the Public Efficiency of an Infrastructure Project: a Case Study of the Eastern Siberia–Pacific Ocean-2 Oil Pipeline

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References (28)

Publisher
Springer Journals
Copyright
Copyright © 2017 by Pleiades Publishing, Ltd.
Subject
Economics; Regional/Spatial Science
ISSN
2079-9705
eISSN
2079-9713
DOI
10.1134/S2079970518020053
Publisher site
See Article on Publisher Site

Abstract

The paper presents the results of a study on the development and application of methodological tools for an integrated assessment of how a large-scale infrastructure project impacts the economy of a region and the country. The methodological basis of the paper is a combination of two major areas of analysis and evaluation of the efficiency of projects: project analysis techniques and methodological approaches to studying the economy in the spatial and sectoral profiles using the optimization multiregional input–output model (OMIOM). The combination of these areas makes it possible to evaluate the indirect effects of a project and obtain results for the main macroeconomic indicators at the national and macroregional levels. For the first time, the paper presents the results of calculations with the proposed approach to evaluating the public efficiency of infrastructure projects based on a real project with reliable information. The impact of the Eastern Siberia–Pacific Ocean-2 project on the economy of the Russia and the Far Eastern Federal District is comprehensively assessed taking into account the redistribution and indirect effects from implementation of the project.

Journal

Regional Research of RussiaSpringer Journals

Published: Jun 30, 2018

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