Analysis of road safety incentives in highway concessions in Spain

Rangel Guilherme Christiano, Thais and Vassallo Magro, José Manuel and Arenas Ramírez, Blanca del Valle (2013). Analysis of road safety incentives in highway concessions in Spain. "Securitas Vialis" (n. 15); pp. 96-119. ISSN 1888-9697. https://doi.org/10.1007/s12615-013-9071-6.

Description

Title: Analysis of road safety incentives in highway concessions in Spain
Author/s:
  • Rangel Guilherme Christiano, Thais
  • Vassallo Magro, José Manuel
  • Arenas Ramírez, Blanca del Valle
Item Type: Article
Título de Revista/Publicación: Securitas Vialis
Date: June 2013
ISSN: 1888-9697
Subjects:
Freetext Keywords: Public private partnerships,performance-based quality standards, road safety
Faculty: Centro de Investigación del Transporte (TRANSyT) (UPM)
Department: Otro
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

Public Private Partnerships (PPPs) are mostly implemented for three reasons: to circumvent budgetary constraints, encourage efficiency and improvement of quality in the provision of public infrastructure. One of the ways of reaching the latter objective is by the introduction of performance-based standards tied to bonuses and penalties to reward or punish the performance of the contractor. These performance based standards often refer to different aspects such as technical, environmental and safety issues. This paper focuses on the implementation of safety based incentives in PPPs. The main aim of this paper is to analyze whether the incentives to improve road safety in PPPs are effective in improving safety ratios in Spain. To this end, negative binomial regression models have been applied using information from the Spanish high capacity network in 2006. 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 in the highway, the implementation of safety incentives in PPPs has a positive influence in the reduction of fatalities, injuries and accidents.

More information

Item ID: 29125
DC Identifier: http://oa.upm.es/29125/
OAI Identifier: oai:oa.upm.es:29125
DOI: 10.1007/s12615-013-9071-6
Official URL: http://link.springer.com/article/10.1007%2Fs12615-013-9071-6
Deposited by: Memoria Investigacion
Deposited on: 25 Apr 2015 10:38
Last Modified: 24 Feb 2017 16:31
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