Scottish Government

DfT

Department for Transport (Westminster)

EALI

Economic activity and location impacts

FTE

Full-time equivalent

GDP

Gross Domestic Product

ITS

Institute for Transport Studies

NUV

Non-use value

OFT

Office of Fair Trading (Westminster)

OV

Option value

PVB

Present Value of Benefits

PVC

Present Value of Costs

SACTRA

Standing Advisory Committee on Trunk Road Assessment

STAG

Scottish Transport Appraisal Guidance

TEE

Transport economic efficiency

web TAG

Transport Analysis Guidance website

WEB

Wider economic benefits

WB1

Wider economic benefit due to imperfect competition

WB2

Wider economic benefit due to pro-competition effects

WB3

Wider economic benefit due to agglomeration

WB4

Wider economic benefit due to labour supply effects

WTP

Willingness to pay