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M4 Corridor around Newport PUBLIC INQUIRY DOCUMENT REFERENCE NO. : ID / 024 RAISED BY: - DATE: - RESPONDED BY: Matthew Jones DATE: 04/04/17 SUBJECT: Transport investment and economic performance: Implications for project appraisal Jonathan Price , Chief Economist, Welsh Government referred to the Report Transport investment and economic performance: Implications for project appraisal in his Statement of Support. Please find attached a copy of the DOCUMENT . 9/10/14 Transport investment and economic performance: Implications for project appraisal* Anthony J. Venables James Laird Henry Overman * Paper commissioned by UK Department for Transport. Thanks to referees, contributors to the seminar and the call for evidence, and staff of the Department for their inputs. 0 Transport investment and economic performance: implications for project appraisal Executive summary and recommendations Transport and economic performance Transport is an essential input to income generation, and to consumption and wider domestic life.

Transport investment and economic performance: implications for project appraisal . Executive summary and recommendations . Transport and economic performance

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