Observatorio de I+D+i UPM

Memorias de investigación
Conferences:
Implementation of safety based incentives in Public Private Partnerships (PPPs): an empirical analysis for the case of Spain
Year:2011
Research Areas
  • Transport
Information
Abstract
Public Private Partnerships (PPPs) are mostly implemented to circumvent budgetary constraints, and to encourage efficiency and quality in the provision of public infrastructure in order to reach social welfare. One of the ways of reaching the latter objective is by the introduction of performance based standards tied to bonuses and penalties to reward or punish the performance of the contractor. This paper focuses on the implementation of safety based incentives in PPPs in such a way that the better the safety outcome the greater larger will be the economic reward to the contractor. The main aim of this paper is to identify whether the incentives to improve road safety in PPPs are ultimately effective in improving safety ratios in Spain. To that end, Poisson and negative binomial regression models have been applied using information of motorways of the Spanish network of 2006. The findings indicate that even though road safety is highly influenced by variables that are not much controllable by the contractor such as the Average Annual Daily Traffic and the percentage of heavy vehicles, the implementation of safety incentives in PPPs has a positive influence in the reduction of fatalities, injuries and accidents.
International
Si
9781901922813
Entity
University of Central Lancashire
Entity Nationality
REINO UNIDO
Place
Preston (Reino Unido)
Participants
  • Autor: Thais Rangel Guilherme Christiano (UPM)
  • Autor: Jose Manuel Vassallo Magro (UPM)
  • Autor: Blanca del Valle Arenas Ramirez (UPM)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Planificación del Transporte
  • Grupo de Investigación: Grupo de Inv. en Seguridad e Impacto Medioambiental de Vehículos y Transportes (GIVET)
  • Centro o Instituto I+D+i: Centro de Investigación del Transporte
  • Centro o Instituto I+D+i: Instituto Universitario de Investigación del Automóvil (INSIA)
  • Departamento: Ingeniería Mecánica y de Fabricación
S2i 2020 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
Cofinanciación del MINECO en el marco del Programa INNCIDE 2011 (OTR-2011-0236)
Cofinanciación del MINECO en el marco del Programa INNPACTO (IPT-020000-2010-22)