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Quantitative analyses of highway franchising under build-operate-transfer scheme: Critical review and future research directions

Qiang Meng and Zhaoyang Lu

Transportation Research Part B: Methodological, 2017, vol. 102, issue C, 105-123

Abstract: Private provision of the public highways through the build-operate-transfer (BOT) scheme has become popular worldwide. Studies published in dozens of academic journals have investigated various kinds of cases of BOT highway projects. However, there appears to be a lack of systematic and critical overview on what specific problems and research methodologies these studies proposed and used for quantitatively analyzing the BOT highway projects. Therefore, this study critically reviews the relevant traffic oriented quantitative studies, which mainly focus on the determination of fundamental design factors for a BOT highway project in the planning stage. The existing studies are thoroughly examined according to the characters of BOT highway projects. To conclude, this study points out the limitations of the current studies and provides some tangible future research directions with practical relevance.

Keywords: Build-operate-transfer; Highway franchising; Literature review; Private Highways; Public-private partnership (search for similar items in EconPapers)
Date: 2017
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