TEUL3007 - Transport investment and economic growth elasticities
DfTc - Department for Transport
This tender has closed
The submission deadline for this contract has passed. There may be more active services tenders from DfTc - Department for Transport, and hundreds more across the UK public sector.
Key details
Procurement
- 73100000 Research and experimental development services
- 73200000 Research and development consultancy services
What happened
DfTc - Department for Transport awarded this contract to CEPA LLP worth £58,200 on 18 Jul 2025. The contract runs until 18 Jan 2026.
Description
This project will build upon and review existing academic literature which evaluates the impact of transport interventions on GDP. The current evidence in this space is varied, with Melo, et. al. (2013) estimating a mean elasticity of 0.060 and a median elasticity of 0.016. However, only 31% of the interventions in this sample took place in Europe, raising questions around the study's application of the elasticity to the UK context. Whilst this study states that there is likely to be even greater returns to investment in economic infrastructure including transport (up to a third greater impact), there is limited evidence supporting this assertion. This research will update the existing evidence base and provide elasticity estimates more rel
Awarded supplier
Contact
Identifiers
Explore related tenders
External ID: cf-ocds-b5fd17-e868490d-3751-4245-9be5-6e31265a0b4b • Added 3 October 2026