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Marginal costs for road maintenance and operation: a cost function approach
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics Stockholm.
2007 (English)Report (Other academic)
Abstract [en]

Using observational data covering the whole Swedish national road network for the period 1998-2002, this paper estimates a set of maintenance and operation cost functions. It is found that costs for all operation and maintenance measures increase with traffic intensity, with two exceptions; total operation and winter operation measures are fixed cost activities. All other operation and maintenance measures have short run elasticities in the range 0.25-0.60. The impact of an additional vehicle is generally manifested in extra maintenance and operation costs, not only while the vehicle is using the road, but later on as well. Point estimates of long run cost elasticities are higher than one in general.

Place, publisher, year, edition, pages
Stockholm: Statens väg- och transportforskningsinstitut, 2007. , 28 p.
Series
Working Papers, Swedish National Road & Transport Research Institute (VTI), 2007:7
Keyword [en]
Maintenance, Winter maintenance, Cost, Operating costs, Pavement, Wear, Vehicle kilometer, Estimation, Mathematical model
National Category
Economics
Research subject
Road: Maintenance, Road: Winter maintenance; Road: Maintenance; Road: General works, surveys, comprehensive works, Road: Economics
Identifiers
URN: urn:nbn:se:vti:diva-679OAI: oai:DiVA.org:vti-679DiVA: diva2:669379
Available from: 2013-12-03 Created: 2013-12-03 Last updated: 2014-05-14Bibliographically approved

Open Access in DiVA

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