Economics and the road programme.

Author(s)
Heggie, I.G.
Year
Abstract

Road schemes with and without improvements are evaluated by means of a computer program (C.O.B.A.). The existing traffic flow is measured in terms of its principal components and is estimated for 30 years ahead of the road's proposed opening date. The benefits of the scheme are then calculated by subtracting the cost of using the road with new improvement from that of using it without the improvement. Most of the benefits are attributed to time savings. It is concluded that the present framework for evaluating road schemes may not be satisfactory.

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Publication

Library number
B 16032 [electronic version only] / 10.2 / 21 / 72 /
Source

Journal of Transport Economics and Policy, Vol. 13 (1979), No. 1 (January), p. 52-67, graph., tab., ref.

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This publication is one of our other publications, and part of our extensive collection of road safety literature, that also includes the SWOV publications.