Roads Economic Decision Model (RED) for Economic Evaluation of Low Volume Roads
Papers & Notes
SSATP Technical Note
April 01, 1999
Road Asset Management
Rural Roads
http://www.ssatp.org/sites/ssatp/files/publications/SSATP-TechnicalNotes/ATTN18…
Rodrigo S. Archondo-Callao
SSATP, The World Bank
Africa Transport Technical Note No.18
This note presents a consumer surplus model to help evaluate investments in roads with low traffic volumes (between 50 and 200 vehicles per day) which are so prevalent in Africa. The model is implemented in a series of Excel workbooks that estimate vehicle operating costs and speeds, perform an economic comparison of investments and maintenance options, and perform switch-off values and stochastic risk analysis.
road management
Transport sector management
Transport Policy
Stakeholder participation
Survey data
Road finance
Public awareness
legal framework
Donor coordination
commercialization
road safety
Capacity building
Investment programs
