AN ECONOMIC APPRAISAL OF THE IMPACT OF TRAFFIC DIVERSION – THE N1 TOLL ROAD AND ITS ALTERNATIVE

N.g. Meyer, Marthinus Breitenbach and R.d. Kekana

South African Journal of Economics, 2008, vol. 76, issue 4, 652-666

Abstract: This paper investigates two alternative roads running parallel to one another; one being a double‐carriageway national road that was tolled 4 years ago and the other being an inter‐city single‐carriageway road. The purpose of the paper is to test the application of the World Bank‐developed Road Economic Decision (RED) model for assessing the economic impact of traffic diversion between two existing alternative roads. In order to do so, the RED model is first used to conduct a cost–benefit analysis of each road in isolation. Thereafter, the model is used to do a scenario analysis followed by a sensitivity analysis. The results show that the RED model is a useful tool for evaluating the impact on society of diverted traffic between alternative roads elsewhere in South Africa.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/j.1813-6982.2008.00219.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:sajeco:v:76:y:2008:i:4:p:652-666

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0038-2280

Access Statistics for this article

South African Journal of Economics is currently edited by Philip A. Black

More articles in South African Journal of Economics from Economic Society of South Africa Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().