Do Public Private Partnerships improve road safety?

Rangel Guilherme Christiano, Thais and Vassallo Magro, José Manuel and Arenas Ramírez, Blanca del Valle and Perez de Villar, Pedro (2010). Do Public Private Partnerships improve road safety?. In: "12th World Conference on Transport Research 2010", 11/07/2010 - 15/07/2010, Lisboa, Portugal.

Description

Title: Do Public Private Partnerships improve road safety?
Author/s:
  • Rangel Guilherme Christiano, Thais
  • Vassallo Magro, José Manuel
  • Arenas Ramírez, Blanca del Valle
  • Perez de Villar, Pedro
Item Type: Presentation at Congress or Conference (Article)
Event Title: 12th World Conference on Transport Research 2010
Event Dates: 11/07/2010 - 15/07/2010
Event Location: Lisboa, Portugal
Title of Book: Proceedings of the 12th World Conference on Transport Research 2010
Date: 2010
Subjects:
Freetext Keywords: public private partnerships, performance-based indicator, road safety
Faculty: E.T.S.I. Caminos, Canales y Puertos (UPM)
Department: Ingeniería Civil: Transportes [hasta 2014]
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. One of the most important indicators adopted are defined in terms of the safety performance of the road. The aim of this paper is to identify whether the incentives to improve road safety in PPPs are ultimately effective in improving safety ratios. To that end we have calibrated several econometric models using information of toll motorways in Spain. We found 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 motorway, the implementation of safety incentives in PPPs has a positive influence in the reduction of fatalities, injuries and accidents.

More information

Item ID: 7397
DC Identifier: http://oa.upm.es/7397/
OAI Identifier: oai:oa.upm.es:7397
Official URL: http://intranet.imet.gr/Portals/0/UsefulDocuments/int_04_papers_authorindex.html
Deposited by: Memoria Investigacion
Deposited on: 09 Jun 2011 17:38
Last Modified: 24 Feb 2017 16:42
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