Understanding the Value of Transport Infrastructure ...

UNDERSTANDING THE VALUE OF TRANSPORT INFRASTRUCTURE
TABLE OF CONTENTS
TASK FORCE RECOMMENDATIONS ................................................................... 4
KEY MESSAGES ............................................................................................. 5
1. INTRODUCTION ......................................................................................... 6
2. MEASURING TRANSPORT INFRASTRUCTURE SPENDING .................................. 9
2.1 Introduction ....................................................................................... 9
2.2 Definitions and classifications ............................................................. 10
2.2.1 The recording and measurement of investments and maintenance ...... 10
2.2.2 The recording and measurement of capital stocks ............................. 13
2.2.3 Scope of the term “transport infrastructure” by asset type ................. 17
2.3 Critical data needs and availability of data .............................................. 21
2.4 Task Force recommendations for improving data collection ..................... 26
3. USING DATA FOR BETTER POLICIES ........................................................... 29
3.1 Introduction ..................................................................................... 29
3.2 Macroeconomic research .................................................................... 30
3.3 Infrastructure data for benchmarking .................................................. 32
4. CONCLUSIONS ......................................................................................... 36
BIBLIOGRAPHY ............................................................................................ 37
ANNEX 1. DATA AVAILABILITY ....................................................................... 39
ANNEX 2. INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS ............. 40
CONTRIBUTORS TO THE REPORT ................................................................... 44
© OECD/ITF 2013 3