EVALUATING INLAND WATERWAY NAVIGATION IMPROVEMENT PROJECTS: THE CASE OF THE BONNEVILLE LOCK |
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| Authors: | Michael V Martin Louise M Arthur |
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| Institution: | Respcctively, Adstant Professor, Agrkulturd and Resoutce Economics, Oregon State University, CoIVallis, Oregon 97331;and Associate Professor, Dspartment of Agricultural Eoonomla, University of Manitoba, Winnipeg, Manitoba, Canada. |
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| Abstract: | ABSTRACT: The period of time from identification of a possibly desirable inland waterway transportation project to its actual implementation has been observed to be inordinately long. It is Hypothesized that at Least one cause of delays in project approval and implementation is a analytical credibility associated with project feasibility analysis conducted by the U.S. Army Corps of Engineers. This paper examines this hypothesis in terms of the proposal to construct a new, expanded lock at the Bonneville Dam on the Columbia River. The principle finding is that the analysis conducted by the Corps is conceptually flawed, methodologically questionable, internally inconsistant, and inappropriately narrow in scope. |
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| Keywords: | feasibility study analytical credibility navigational improvements benefit-cost ratio with-without scenarios co-service facilities |
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