Analysis of input variables for a pre-feasibility evaluation model for toll highways

Orozco, J. J.; McCullough, B. F.

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Analysis of input variables for a pre-feasibility evaluation model for toll highways

1998-05-01
By Orozco, J. J. ; McCullough, B. F.

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English

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Creators:

Orozco, J. J. ; McCullough, B. F.

Orozco, J. J. ; McCullough, B. F. Less -
Corporate Contributors:

Southwest Region University Transportation Center (U.S.) ; University of Texas at Austin. Center for Transportation Research ; United States. Department of Transportation. University Transportation Centers (UTC) Program

Southwest Region University Transportation Center (U.S.) ; University of Texas at Austin. Center for Transportation Research ; United States. Department of Transportation. University Transportation Centers (UTC) Program Less -
Subject/TRT Terms:

[+]

Build Operate Transfer Case Studies Decision Making Economic Analysis Highway Planning Highways Mathematical Models Mexico Toll Facilities Toll Roads Tolls Traffic Engineering Transportation Models
Publication/ Report Number:

SWUTC/98/467502-1
Resource Type:

Research Paper
Geographical Coverage:

Texas ; Mexico

Texas ; Mexico Less -
Corporate Publisher:

University of Texas at Austin. Center for Transportation Research
Abstract:

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-Transer (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 source of income, is hard to predict accurately. This report analyzes the main variables affecting a toll hgihway project, and develops mathematical models that desccribe 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 the optimum toll. The Mexican experience is used as a case study to develop empirical models.
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PDF
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University Transportation Centers US Transportation Collection
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urn:sha256:21091e6e98660f8c26a35fd6a8cd0f1429dc0b2ea36c342be7f6750c18f45755
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https://rosap.ntl.bts.gov/view/dot/15621/dot_15621_DS1.pdf
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Analysis of input variables for a pre-feasibility evaluation model for toll highways

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