Roads Economic Decision Model for the Economic Evaluation of Low Volume Roads : Software User Guide and Case Studies
This manual presents the Roads Economic Decision Model (RED) developed to improve the decision-making process for the development and maintenance of low-volume rural roads. The model performs an economic evaluation of road investments options using...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2004/07/6531710/roads-economic-decision-red-model-software-user-guide-case-studies http://hdl.handle.net/10986/17770 |
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okr-10986-177702021-04-23T14:03:35Z Roads Economic Decision Model for the Economic Evaluation of Low Volume Roads : Software User Guide and Case Studies Archondo-Callao, Rodrigo ACCIDENT ACCIDENTS ANALYSIS PERIOD ANIMAL CART ARTICULATED TRUCKS AVERAGE COSTS AVERAGE ROAD ROUGHNESS BICYCLE BUSES CALIBRATION CARGO CARS CONSUMER SURPLUS CONSUMERS COST EFFECTIVENESS DAILY TRAFFIC DISCOUNT RATE DRIVING ECONOMIC EVALUATION EQUATIONS FATALITIES FRAMEWORK FUEL GENERATED TRAFFIC GOAL GRAVEL GRAVEL ROAD GROWTH RATE HIGHWAY HIGHWAY DESIGN HIGHWAYS INJURIES INTEREST RATE INTERNAL RATE OF RETURN LANE ROAD LOW VOLUME ROADS MOTORCYCLE MOUNTAINOUS TERRAIN MULTIPLIERS NET BENEFITS NET PRESENT VALUE NMT NORMAL TRAFFIC PASSENGER PASSENGER TIME PASSENGERS PATH PATHS PAVING PRICE ELASTICITY PRICE ELASTICITY OF DEMAND RANGE RATE OF RETURN REFERENCE RMI ROAD ROAD AGENCY ROAD AGENCY COSTS ROAD CHARACTERISTICS ROAD DETERIORATION ROAD INVESTMENTS ROAD LENGTH ROAD MANAGEMENT ROAD ROUGHNESS ROAD SAFETY ROAD TYPE ROAD USER COSTS ROAD USERS ROADS ROLLING TERRAIN ROUTE ROUTES RURAL ROADS SNOW SOCIAL IMPACTS SOCIETY COSTS SPEED SUB-SAHARAN AFRICA TERRAIN TYPE TIRES TRAFFIC COMPOSITION TRAFFIC DATA TRAFFIC GROWTH TRAFFIC LEVELS TRAFFIC VOLUMES TRANSPORT TRANSPORT COSTS TRAVEL TIMES TRUCKS UNPAVED ROADS VALUE ADDED VEHICLE CHARACTERISTICS VEHICLE OPERATING VEHICLE OPERATING COSTS VEHICLE UTILIZATION VEHICLES VERY LOW VOLUME ROADS This manual presents the Roads Economic Decision Model (RED) developed to improve the decision-making process for the development and maintenance of low-volume rural roads. The model performs an economic evaluation of road investments options using the consumer surplus approach and is customized to the characteristics and needs of low-volume roads such as the high uncertainty of the assessment of the model inputs, particularly the traffic and condition of unpaved roads, the importance of vehicle speeds for model validation, the need for a comprehensive analysis of generated and induced traffic, and the need to clearly define all accrued benefits. RED computes benefits for normal, generated, induced, and diverted traffic, and takes into account changes in road length, condition, geometry, type, accidents, and days per year when the passage of vehicles is further disrupted by a highly deteriorated road condition (wet season). Users can add to the analysis other benefits, such as non-motorized traffic, social services and environmental impacts, if computed separately. The model is presented on a series of Excel 2000 workbooks that collect all user inputs, present the results on an efficient manner and performs sensitivity, switching values and risk analyses. 2014-04-14T21:03:03Z 2014-04-14T21:03:03Z 2004-07 http://documents.worldbank.org/curated/en/2004/07/6531710/roads-economic-decision-red-model-software-user-guide-case-studies http://hdl.handle.net/10986/17770 English en_US Sub-Saharan Africa Transport Policy Program working paper series;no. SSATP no. 78 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCIDENT ACCIDENTS ANALYSIS PERIOD ANIMAL CART ARTICULATED TRUCKS AVERAGE COSTS AVERAGE ROAD ROUGHNESS BICYCLE BUSES CALIBRATION CARGO CARS CONSUMER SURPLUS CONSUMERS COST EFFECTIVENESS DAILY TRAFFIC DISCOUNT RATE DRIVING ECONOMIC EVALUATION EQUATIONS FATALITIES FRAMEWORK FUEL GENERATED TRAFFIC GOAL GRAVEL GRAVEL ROAD GROWTH RATE HIGHWAY HIGHWAY DESIGN HIGHWAYS INJURIES INTEREST RATE INTERNAL RATE OF RETURN LANE ROAD LOW VOLUME ROADS MOTORCYCLE MOUNTAINOUS TERRAIN MULTIPLIERS NET BENEFITS NET PRESENT VALUE NMT NORMAL TRAFFIC PASSENGER PASSENGER TIME PASSENGERS PATH PATHS PAVING PRICE ELASTICITY PRICE ELASTICITY OF DEMAND RANGE RATE OF RETURN REFERENCE RMI ROAD ROAD AGENCY ROAD AGENCY COSTS ROAD CHARACTERISTICS ROAD DETERIORATION ROAD INVESTMENTS ROAD LENGTH ROAD MANAGEMENT ROAD ROUGHNESS ROAD SAFETY ROAD TYPE ROAD USER COSTS ROAD USERS ROADS ROLLING TERRAIN ROUTE ROUTES RURAL ROADS SNOW SOCIAL IMPACTS SOCIETY COSTS SPEED SUB-SAHARAN AFRICA TERRAIN TYPE TIRES TRAFFIC COMPOSITION TRAFFIC DATA TRAFFIC GROWTH TRAFFIC LEVELS TRAFFIC VOLUMES TRANSPORT TRANSPORT COSTS TRAVEL TIMES TRUCKS UNPAVED ROADS VALUE ADDED VEHICLE CHARACTERISTICS VEHICLE OPERATING VEHICLE OPERATING COSTS VEHICLE UTILIZATION VEHICLES VERY LOW VOLUME ROADS |
| spellingShingle |
ACCIDENT ACCIDENTS ANALYSIS PERIOD ANIMAL CART ARTICULATED TRUCKS AVERAGE COSTS AVERAGE ROAD ROUGHNESS BICYCLE BUSES CALIBRATION CARGO CARS CONSUMER SURPLUS CONSUMERS COST EFFECTIVENESS DAILY TRAFFIC DISCOUNT RATE DRIVING ECONOMIC EVALUATION EQUATIONS FATALITIES FRAMEWORK FUEL GENERATED TRAFFIC GOAL GRAVEL GRAVEL ROAD GROWTH RATE HIGHWAY HIGHWAY DESIGN HIGHWAYS INJURIES INTEREST RATE INTERNAL RATE OF RETURN LANE ROAD LOW VOLUME ROADS MOTORCYCLE MOUNTAINOUS TERRAIN MULTIPLIERS NET BENEFITS NET PRESENT VALUE NMT NORMAL TRAFFIC PASSENGER PASSENGER TIME PASSENGERS PATH PATHS PAVING PRICE ELASTICITY PRICE ELASTICITY OF DEMAND RANGE RATE OF RETURN REFERENCE RMI ROAD ROAD AGENCY ROAD AGENCY COSTS ROAD CHARACTERISTICS ROAD DETERIORATION ROAD INVESTMENTS ROAD LENGTH ROAD MANAGEMENT ROAD ROUGHNESS ROAD SAFETY ROAD TYPE ROAD USER COSTS ROAD USERS ROADS ROLLING TERRAIN ROUTE ROUTES RURAL ROADS SNOW SOCIAL IMPACTS SOCIETY COSTS SPEED SUB-SAHARAN AFRICA TERRAIN TYPE TIRES TRAFFIC COMPOSITION TRAFFIC DATA TRAFFIC GROWTH TRAFFIC LEVELS TRAFFIC VOLUMES TRANSPORT TRANSPORT COSTS TRAVEL TIMES TRUCKS UNPAVED ROADS VALUE ADDED VEHICLE CHARACTERISTICS VEHICLE OPERATING VEHICLE OPERATING COSTS VEHICLE UTILIZATION VEHICLES VERY LOW VOLUME ROADS Archondo-Callao, Rodrigo Roads Economic Decision Model for the Economic Evaluation of Low Volume Roads : Software User Guide and Case Studies |
| geographic_facet |
Africa |
| relation |
Sub-Saharan Africa Transport Policy Program
working paper series;no. SSATP no. 78 |
| description |
This manual presents the Roads Economic
Decision Model (RED) developed to improve the
decision-making process for the development and maintenance
of low-volume rural roads. The model performs an economic
evaluation of road investments options using the consumer
surplus approach and is customized to the characteristics
and needs of low-volume roads such as the high uncertainty
of the assessment of the model inputs, particularly the
traffic and condition of unpaved roads, the importance of
vehicle speeds for model validation, the need for a
comprehensive analysis of generated and induced traffic, and
the need to clearly define all accrued benefits. RED
computes benefits for normal, generated, induced, and
diverted traffic, and takes into account changes in road
length, condition, geometry, type, accidents, and days per
year when the passage of vehicles is further disrupted by a
highly deteriorated road condition (wet season). Users can
add to the analysis other benefits, such as non-motorized
traffic, social services and environmental impacts, if
computed separately. The model is presented on a series of
Excel 2000 workbooks that collect all user inputs, present
the results on an efficient manner and performs sensitivity,
switching values and risk analyses. |
| format |
Publications & Research :: Working Paper |
| author |
Archondo-Callao, Rodrigo |
| author_facet |
Archondo-Callao, Rodrigo |
| author_sort |
Archondo-Callao, Rodrigo |
| title |
Roads Economic Decision Model for the Economic Evaluation of Low Volume Roads : Software User Guide and Case Studies |
| title_short |
Roads Economic Decision Model for the Economic Evaluation of Low Volume Roads : Software User Guide and Case Studies |
| title_full |
Roads Economic Decision Model for the Economic Evaluation of Low Volume Roads : Software User Guide and Case Studies |
| title_fullStr |
Roads Economic Decision Model for the Economic Evaluation of Low Volume Roads : Software User Guide and Case Studies |
| title_full_unstemmed |
Roads Economic Decision Model for the Economic Evaluation of Low Volume Roads : Software User Guide and Case Studies |
| title_sort |
roads economic decision model for the economic evaluation of low volume roads : software user guide and case studies |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2004/07/6531710/roads-economic-decision-red-model-software-user-guide-case-studies http://hdl.handle.net/10986/17770 |
| _version_ |
1764436234167386112 |