A model for the financial analysis of toll roads

The paper notes the recent revival in interest in Australia in tolls as a means of financing road works. The use of tolls in other countries, especially the United States, Italy, France, and Japan, is outlined as a background to a statement of the more limited Australian experience. A review of the economics of toll finance includes reference to the objectives of economic efficiency and equity, and also to the implications for other modes. An important consideration in any question of toll finance is the financial feasibility of the proposed facility. A computer based model (mofat) which has been developed to analyse the financial feasibility of toll roads, is described, with particular discussion of several major issues that have arisen in the model development. The model is then applied to a hypothetical corridor to indicate the sensitivity of the financial results to changes in major parameters, such as traffic volumes, loan charges and toll rates (a).

• Record URL:
  http://arrbknowledge.com
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/909996113
• Authors:
  • Atkins, A S
  • Eade, A R
  • Fisher, N W
• Conference:
  • Australian Road Research Board (ARRB) Conference, 6th, 1972, Canberra
• Publication Date: 1972

Language

• English

Media Info

• Pagination: 114-44
• Monograph Title: Introductory remarks to session 2, transport planning
• Serial:
  • Volume: 6
  • Issue Number: 2

Subject/Index Terms

• TRT Terms: Costs; Economics; Forecasting; Mathematical models; Profits; Toll roads
• ATRI Terms: Cost; Economics; Forecast; Modelling; Profit
• Subject Areas: Economics; Highways;

Filing Info

• Accession Number: 01442080
• Record Type: Publication
• Source Agency: ARRB
• ISBN: 909996113
• Files: ATRI
• Created Date: Aug 24 2012 11:58PM