Estimating the Needed Volume of Investment in a Public–Private Partnership to Develop a Regional Energy/Freight Transportation Infrastructure

Alexander S. Belenky, Gennady G. Fedin and Alain L. Kornhauser

International Journal of Public Administration, 2019, vol. 42, issue 15-16, 1275-1310

Abstract: A decision-support tool for estimating the volume of investment in developing a regional energy/freight transportation infrastructure is proposed. The tool provides the estimates of the required investment volume and those of the expected amount of revenue that the infrastructure functioning may generate. These estimates are key ones in negotiations with private investors on forming a potential public–private partnership to finance the infrastructure development. The tool includes (a) a mathematical model underlying the formulations of three optimization problems on its basis depending on the information available to the decision-makers—two mixed programming problems and a minimax problem, which is proven to be reducible to a mixed programming one with all integer variables being Boolean, (b) a standard software package for solving mixed programming problems, and (c) a software package for processing data. The results of testing the proposed tool on sets of model data taken from open sources are discussed.

Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/01900692.2019.1652315 (text/html)
Access to full text is restricted to subscribers.

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:taf:lpadxx:v:42:y:2019:i:15-16:p:1275-1310

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/lpad20

DOI: 10.1080/01900692.2019.1652315

Access Statistics for this article

International Journal of Public Administration is currently edited by Ali Farazmand

More articles in International Journal of Public Administration from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().