Record Details
The review of PPP toll roads in the US and the simulation of the Chicago Skyway
ScholarsArchive at Oregon State University
| Field | Value |
|---|---|
| Title | The review of PPP toll roads in the US and the simulation of the Chicago Skyway |
| Names |
Xu, Wei
(creator) Hunter-Zaworski, Katharine (advisor) |
| Date Issued | 2008-08-18 (iso8601) |
| Note | Graduation date: 2009 |
| Abstract | As the traffic demand increases at a faster rate than the upgrade and maintenance of transportation facilities through the traditional public financing methods in the United States, the Public-Private Partnership (PPP) is becoming an important supplement to the public transportation infrastructure investment. There are already several existing PPP toll road projects in the United States that provide examples of practical experiences and lessons for launching future PPP toll road projects. Additionally, research in the past three decades has made significant progress in relevant research fields about PPP toll roads, for instance, toll regulation, private revenue restriction, and risk allocation. However, it is still difficult to apply these academic models and research results into practical projects. Therefore, one of the objectives of this thesis is to point out the gap between the analytical research results and practical needs, through reviewing systemically the current PPP toll road projects in the United States and the theoretical research. Potential research interests to focus on how to narrow those gaps between the theoretical research and practical projects’ needs by improving the models or releasing the assumptions, to make the analytical research results helpful to those decision-makers when facing a new PPP toll road project. In addition, the paper simulates the Chicago Skyway, which is the first long-term leased toll road in the U.S., in order to predict the future travel and welfare impacts caused by the PPP toll road. Moreover, a “non-compete” clause experiment is designed and the codes of programming is done in this paper. Future studies can use the experiment and programming to test the effects of the “non-compete” clause to PPP toll roads. |
| Genre | Thesis |
| Topic | PPP toll road |
| Identifier | http://hdl.handle.net/1957/9241 |
