The allocation of state safety funds to public roads in France: an investigation of the underlying rationalities

Vincent Bagard ()
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Vincent Bagard: LET - Laboratoire d'économie des transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique

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Abstract: This paper analyzes a 33 project road safety investment programme that was conducted in France between 1986 and 1989. The expenditure levels for this programme were not decided on the basis of an economic calculation. An ex post economic calculation has been made for each of the projects involved, using the official values used in different countries at the time. The paper highlights the disparity between the official values and the spontaneous values based on social demand. 30% of the projects would have been deemed cost-effective with the French official values, against 94% (Finland), 88% (Sweden), 67(UK), 39% (Austria), 30ù (Belgium) and 21% (Luxembourg).

Keywords: road safety; investment programme; economic calculation; France; Sécurité routière; programme d'investissement; valeur de la vie humaine; préférence collective; évaluation économique; coût social; politique publique (search for similar items in EconPapers)
Date: 2004
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Published in Rivista Internazionale Di Economia Dei Trasporti = International Journal of Transport Economics, 2004, XXXI (3), pp. 401-422

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00078297

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