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

Roads Economic Decision Model (RED) for Economic Evaluation of Low Volume Roads

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

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