MUSTAFAI, Merita and DANCEVSKA, Verica and MUSTAFAI, Elmir (2026) COST–BENEFIT ANALYSIS AS AN UNDERUSED MECHANISM IN MACEDONIA CASE STUDY: PUBLIC URBAN TRANSPORT IN TETOVO. ECONOMIC VISION International Scientific Journal in Economics, Finance, Business, Marketing, Management and Tourism, 13 (25-26). pp. 92-98.
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Abstract
Transport is a crucial factor in the modern economy. But there is constant conflict in society regarding the choice of priorities and the decision to favor one project over another (Button, 2010; Banister, 2008) Cost–Benefit analysis (CBA) is a standard economic tool for evaluating infrastructure and transport projects in European Union countries (European Commission, 2014; Boardman et al., 2018). However, in the Republic of North Macedonia, its application in planning and implementing public transport projects is very limited, that is, it is rarely used as an economic tool in the evaluation and decision-making process. The aim of this paper is to present the significance and applicability of CBA through an analysis of a proposed model of organization of public urban transport in the city of Tetovo. By defining costs and benefits and calculating basic economic indicators, the paper shows that CBA can provide a relevant basis for making rational and transparent decisions in transport planning (Mackie et al., 2014; World Bank, 2020).
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Unnamed user with email zshi@unite.edu.mk |
| Date Deposited: | 05 Oct 2026 11:36 |
| Last Modified: | 05 Oct 2026 11:36 |
| URI: | http://eprints.unite.edu.mk/id/eprint/2599 |
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