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Analysis of input variables for a pre-feasmility evaluation model for toll highways (1998).
| Content Provider | CiteSeerX |
|---|---|
| Author | Orozco, Juan J. Mccullough, B. Frank |
| Abstract | 14. Sponsoring Agency Code: In recent years, private industry has been more involved in highway financing and operation. Many countries have started to apply new or improved strategies to promote the development of highway projects using sources other than the State. The most widely used concept is the scheme known as Build-Operate-Transfer (T-O-T). The major problem related to private highway participation is the high financial risk involved. This is caused mainly by the difficulty to forecast future revenue because the toll traffic usage, which is the major souci of income, is hard to predict accurately. This report analyzes the main variables affecting a toll highway project, and develops mathematical models that describe their behavior. These models can serve as a tool in the decision-making process during the planning and operation of the facility. This study focuses on the development of a toll traffic estimation model based on the attributes of the highway and the elasticity of the demand. The goal is to estimate the amount of traffic that could be diverted to the toll facility in an existing corridor with a free access road as an alternate route. Some possible methods to estimate the toll price are discussed as well as an analysis to determine |
| File Format | |
| Publisher Date | 1998-01-01 |
| Access Restriction | Open |
| Subject Keyword | Pre-feasmility Evaluation Model Toll Highway Analysis Input Variable Main Variable Free Access Road Highway Financing Improved Strategy Toll Highway Project Major Problem Toll Facility Possible Method Agency Code Highway Project Major Souci Private Highway Participation Toll Price Many Country High Financial Risk Mathematical Model Private Industry Alternate Route Toll Traffic Estimation Model Toll Traffic Usage Recent Year Decision-making Process Future Revenue |
| Content Type | Text |
