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영어

This paper is aiming at deriving the measurement alternatives for the SOC investment effects. Starting from the review of existing methods such as cost-benefit analysis, this paper mainly deals with the development of effect measurement concept. It is our belief that during economic development process social overhead capital has played some important roles. Through this paper, the importance of interdisciplinary study including economics, planning, engineering and policy for effects measurement is emphasized. Besides the traditional effect measurement methods, this paper suggests the another approach including effect concept, effect items, measurement procedures, etc., using road network ex-post evaluation as a sample case. This is the case for ex-post policy program evaluation. Road improvement project program such as enlargement and pavement during 1973-1994 period was used for our evaluation, concept formulation and development for SOC investment effect measurement.