Effectiveness of safety-based incentives in Public Private Partnerships: Evidence from the case of Spain

Rangel Guilherme Christiano, Thais; Vassallo Magro, José Manuel y Arenas Ramírez, Blanca del Valle (2012). Effectiveness of safety-based incentives in Public Private Partnerships: Evidence from the case of Spain. "Transportation Research Part A: Policy And Practice", v. 46 (n. 8); pp. 1166-1176. ISSN 0965-8564. https://doi.org/10.1016/j.tra.2012.05.008.

Descripción

Título: Effectiveness of safety-based incentives in Public Private Partnerships: Evidence from the case of Spain
Autor/es:
  • Rangel Guilherme Christiano, Thais
  • Vassallo Magro, José Manuel
  • Arenas Ramírez, Blanca del Valle
Tipo de Documento: Artículo
Título de Revista/Publicación: Transportation Research Part A: Policy And Practice
Fecha: Octubre 2012
Volumen: 46
Materias:
Escuela: Centro de Investigación del Transporte (TRANSyT) (UPM)
Departamento: Otro
Licencias Creative Commons: Reconocimiento - Sin obra derivada - No comercial

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Resumen

Many countries around the world are implementing Public?Private?Partnership (PPP) contacts to manage road infrastructure. In some of these contracts the public sector introduces economic incentives to the private operator to foster the accomplishment of social goals. One of the incentives that have been introduced in some PPP contracts is related to safety in such a way that the better the safety outcome the greater will be the economic reward to the contractor. The aim of this paper is at identify whether the incentives to improve road safety in highway PPPs are ultimately effective in improving safety ratios. To this end Poisson and negative binomial regression models have been applied using information from highway sections in Spain. The findings indicate that even though road safety is highly influenced by variables that are not much controllable by the contractor such as the Average Annual Daily Traffic and the percentage of heavy vehicles, the implementation of safety incentives in PPPs has a positive influence in the reduction of fatalities, injuries and accidents.

Más información

ID de Registro: 20180
Identificador DC: http://oa.upm.es/20180/
Identificador OAI: oai:oa.upm.es:20180
Identificador DOI: 10.1016/j.tra.2012.05.008
URL Oficial: http://www.sciencedirect.com/science/article/pii/S0965856412000833
Depositado por: Memoria Investigacion
Depositado el: 20 Sep 2013 15:01
Ultima Modificación: 24 Feb 2017 16:35
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