TOWARD A FRAMEWORK FOR PROGRAMMING REGIONAL HIGHWAY INVESTMENTS

A PLANNING FRAMEWORK IS DEVELOPED WHICH PROVIDES A BASIS FOR THE FORMULATION OF RATIONAL HIGHWAY INVESTMENT PROGRAMS AT THE REGIONAL LEVEL. THE RELATIONSHIP BETWEEN REGIONAL DEVELOPMENT GOALS AND HIGHWAY TRANSPORTATION SYSTEM OBJECTIVES IS FIRST DISCUSSED AND A SET OF HIGHWAY SYSTEM OBJECTIVES IDENTIFIED. PROCEDURES FOR PREDICTING THE DEMANDS FOR HIGHWAY TRANSPORTATION ARE THEN DISCUSSED AND THE NEED FOR THE FORMULATION OF HIGHWAY TRANSPORTATION SUPPLY AND DEMAND SCHEDULES ESTABLISHED. THE PRINCIPAL OUTPUTS OF REGIONAL HIGHWAY SYSTEMS ARE THEN IDENTIFIED AND THE VALUE FUNCTIONS REQUIRED TO MAP THESE OUTPUT VARIABLES INTO THE HIGHWAY SYSTEM OBJECTIVES FOR THE PURPOSES OF EVALUATION ARE INTRODUCED. TECHNIQUES APPROPRIATE TO THE GENERATION OF ALTERNATIVE HIGHWAY NETWORKS ARE THEN DISCUSSED AND PROCEDURES APPROPRIATE TO THE ANALYSIS OF ALTERNATE SYSTEMS REVIEWED. IT IS POINTED OUT THAT THE NET PRESENT VALUE IS THE MOST APPROPRIATE TECHNIQUE FOR DISCRIMINATING BETWEEN ALTERNATIVE SYSTEMS AND FOR DEVELOPING AN INVESTMENT PROGRAM. THE PROGRAMMING OF HIGHWAY INVESTMENTS IS THEN DISCUSSED. /AUTHOR/

Media Info

  • Serial:
    • Volume: 4
    • Issue Number: Pt1

Subject/Index Terms

Filing Info

  • Accession Number: 00241275
  • Record Type: Publication
  • Files: TRIS, ATRI
  • Created Date: Jan 19 1970 12:00AM