The Experts below are selected from a list of 261 Experts worldwide ranked by ideXlab platform
Morten Welde - One of the best experts on this subject based on the ideXlab platform.
-
Operating Costs in Norwegian toll companies: a panel data analysis
Transportation, 2007Co-Authors: Erik Amdal, Gunnar Bårdsen, Kåre Johansen, Morten WeldeAbstract:The objective of this paper is to ease the planning of new toll projects by providing estimates of Operating Costs, and to help us make better informed decisions about the design of toll collection systems. To do so we use panel data for Norwegian toll companies to estimate average cost functions. The main results can be summarised as follows. We provide evidence of very important unexploited economies of scale. The estimated cost curves are very steep for traffic levels below the sample mean, and become almost entirely flat over a wide range above the sample mean. A higher share of vehicles using on board units will significantly reduce average Costs. Competitive tendering will significantly reduce average Operating Costs by as much as 25%. Our results also suggest that increased number of lanes, higher debt and passenger charging will increase average Operating Costs whereas average Operating Costs are lower for toll cordons compared with other projects.
-
Operating Costs in Norwegian toll companies: A panel data analysis
2006Co-Authors: Gunnar Bårdsen, Erik Amdal, Kåre Johansen, Morten WeldeAbstract:The objective of this paper is to ease the planning of new toll projects by providing estimates of Operating Costs, and to help us make better informed decisions about the design of the toll collection system. To do so we use panel data for Norwegian toll companies to estimate average cost functions. The main results can be summarised as follows. We provide evidence of very important unexploited economies of scale. The estimates cost curves are very steep for traffic levels below the sample mean, and becomes almost entirely flat over a wide range above the sample mean. A higher share of vehicles using on board units will significantly reduce average Costs. Competitive tendering will significantly reduce average Operating Costs by as much as 25 %. Our results also suggest that increased number of lanes, higher debt and passenger charging will increase average Operating Costs whereas average Operating Costs are lower for toll cordons compared with other projects.
-
TOLL FINANCING: HOW TO REDUCE THE Operating Costs?.
Nordic road & transport research, 2004Co-Authors: Erik Amdal, Morten WeldeAbstract:Toll financing has been used in Norway to finance new roads as a supplement to public funds. The net revenue from toll financing makes up to 25-35% of the annual budgets for road construction. An increasing proportion of the tolls are collected using electronic fee collection (EFC). The AutoPASS tag is used in all new toll projects. The Norwegian Public Roads Administration conducted a study to establish a cost function that could identify the main cost drivers in toll projects. The cost function covered the following variables: total number of paying vehicles, total debts, number of lanes in the toll station, number of years since the opening of the project, and percentage of vehicles using on board units (OBUs). The larger the project the lower the Operating Costs. The number of lanes was the most important cost driver. The introduction of the AutoPASS tag has reduced the need for cash handling and staff. The results showed that the cost of toll financing is lower than public finance when the traffic level is high and the toll is low. The key characteristics for minimising the Operating Costs were identified as high traffic levels, few lanes with no toll booths and coin machines, EFC and a high OBU share, tolling in urban rather than rural areas, and no passenger charging.
Erik Amdal - One of the best experts on this subject based on the ideXlab platform.
-
Operating Costs in Norwegian toll companies: a panel data analysis
Transportation, 2007Co-Authors: Erik Amdal, Gunnar Bårdsen, Kåre Johansen, Morten WeldeAbstract:The objective of this paper is to ease the planning of new toll projects by providing estimates of Operating Costs, and to help us make better informed decisions about the design of toll collection systems. To do so we use panel data for Norwegian toll companies to estimate average cost functions. The main results can be summarised as follows. We provide evidence of very important unexploited economies of scale. The estimated cost curves are very steep for traffic levels below the sample mean, and become almost entirely flat over a wide range above the sample mean. A higher share of vehicles using on board units will significantly reduce average Costs. Competitive tendering will significantly reduce average Operating Costs by as much as 25%. Our results also suggest that increased number of lanes, higher debt and passenger charging will increase average Operating Costs whereas average Operating Costs are lower for toll cordons compared with other projects.
-
Operating Costs in Norwegian toll companies: A panel data analysis
2006Co-Authors: Gunnar Bårdsen, Erik Amdal, Kåre Johansen, Morten WeldeAbstract:The objective of this paper is to ease the planning of new toll projects by providing estimates of Operating Costs, and to help us make better informed decisions about the design of the toll collection system. To do so we use panel data for Norwegian toll companies to estimate average cost functions. The main results can be summarised as follows. We provide evidence of very important unexploited economies of scale. The estimates cost curves are very steep for traffic levels below the sample mean, and becomes almost entirely flat over a wide range above the sample mean. A higher share of vehicles using on board units will significantly reduce average Costs. Competitive tendering will significantly reduce average Operating Costs by as much as 25 %. Our results also suggest that increased number of lanes, higher debt and passenger charging will increase average Operating Costs whereas average Operating Costs are lower for toll cordons compared with other projects.
-
TOLL FINANCING: HOW TO REDUCE THE Operating Costs?.
Nordic road & transport research, 2004Co-Authors: Erik Amdal, Morten WeldeAbstract:Toll financing has been used in Norway to finance new roads as a supplement to public funds. The net revenue from toll financing makes up to 25-35% of the annual budgets for road construction. An increasing proportion of the tolls are collected using electronic fee collection (EFC). The AutoPASS tag is used in all new toll projects. The Norwegian Public Roads Administration conducted a study to establish a cost function that could identify the main cost drivers in toll projects. The cost function covered the following variables: total number of paying vehicles, total debts, number of lanes in the toll station, number of years since the opening of the project, and percentage of vehicles using on board units (OBUs). The larger the project the lower the Operating Costs. The number of lanes was the most important cost driver. The introduction of the AutoPASS tag has reduced the need for cash handling and staff. The results showed that the cost of toll financing is lower than public finance when the traffic level is high and the toll is low. The key characteristics for minimising the Operating Costs were identified as high traffic levels, few lanes with no toll booths and coin machines, EFC and a high OBU share, tolling in urban rather than rural areas, and no passenger charging.
Ebenezer Appiah - One of the best experts on this subject based on the ideXlab platform.
-
Improving plant efficiency and Operating Costs for water infrastructure projects in Africa
2013Co-Authors: Ebenezer AppiahAbstract:Reducing the Operating Costs of water infrastructure projects demands improved efficiencies in Operating treatment plants (water and wastewater). To eliminate or reduce contaminants in raw water in order to render it safe for drinking, or to reduce pollutants in wastewater to render it acceptable for disposal into our environment, Costs money. These Operating Costs include the following: Wastewater discharge fee/Water resource fee Electricity cost Chemical cost Staff cost Maintenance and replacement cost Administration cost Sludge disposal cost Operating Costs need to be recorded and analysed in the course of Operating and maintaining the plant, thereby allowing Management to identify areas for conservation and to determine where Costs are being expended inefficiently so that appropriate measures can be taken to reduce Costs.
-
Improving plant efficiency and Operating Costs for water infrastructure projects in Africa : water engineering
2013Co-Authors: Ebenezer AppiahAbstract:Reducing the Operating Costs of water infrastructure projects demands improved efficiencies in Operating treatment plants (water and wastewater). To eliminate or reduce contaminants in raw water in order to render it safe for drinking, or to reduce pollutants in wastewater to render it acceptable for disposal into our environment, Costs money. These Operating Costs include the following: Wastewater discharge fee/Water resource fee Electricity cost Chemical cost Staff cost Maintenance and replacement cost Administration cost Sludge disposal cost Operating Costs need to be recorded and analysed in the course of Operating and maintaining the plant, thereby allowing Management to identify areas for conservation and to determine where Costs are being expended inefficiently so that appropriate measures can be taken to reduce Costs.
Gunnar Bårdsen - One of the best experts on this subject based on the ideXlab platform.
-
Operating Costs in Norwegian toll companies: a panel data analysis
Transportation, 2007Co-Authors: Erik Amdal, Gunnar Bårdsen, Kåre Johansen, Morten WeldeAbstract:The objective of this paper is to ease the planning of new toll projects by providing estimates of Operating Costs, and to help us make better informed decisions about the design of toll collection systems. To do so we use panel data for Norwegian toll companies to estimate average cost functions. The main results can be summarised as follows. We provide evidence of very important unexploited economies of scale. The estimated cost curves are very steep for traffic levels below the sample mean, and become almost entirely flat over a wide range above the sample mean. A higher share of vehicles using on board units will significantly reduce average Costs. Competitive tendering will significantly reduce average Operating Costs by as much as 25%. Our results also suggest that increased number of lanes, higher debt and passenger charging will increase average Operating Costs whereas average Operating Costs are lower for toll cordons compared with other projects.
-
Operating Costs in Norwegian toll companies: A panel data analysis
2006Co-Authors: Gunnar Bårdsen, Erik Amdal, Kåre Johansen, Morten WeldeAbstract:The objective of this paper is to ease the planning of new toll projects by providing estimates of Operating Costs, and to help us make better informed decisions about the design of the toll collection system. To do so we use panel data for Norwegian toll companies to estimate average cost functions. The main results can be summarised as follows. We provide evidence of very important unexploited economies of scale. The estimates cost curves are very steep for traffic levels below the sample mean, and becomes almost entirely flat over a wide range above the sample mean. A higher share of vehicles using on board units will significantly reduce average Costs. Competitive tendering will significantly reduce average Operating Costs by as much as 25 %. Our results also suggest that increased number of lanes, higher debt and passenger charging will increase average Operating Costs whereas average Operating Costs are lower for toll cordons compared with other projects.
Kåre Johansen - One of the best experts on this subject based on the ideXlab platform.
-
Operating Costs in Norwegian toll companies: a panel data analysis
Transportation, 2007Co-Authors: Erik Amdal, Gunnar Bårdsen, Kåre Johansen, Morten WeldeAbstract:The objective of this paper is to ease the planning of new toll projects by providing estimates of Operating Costs, and to help us make better informed decisions about the design of toll collection systems. To do so we use panel data for Norwegian toll companies to estimate average cost functions. The main results can be summarised as follows. We provide evidence of very important unexploited economies of scale. The estimated cost curves are very steep for traffic levels below the sample mean, and become almost entirely flat over a wide range above the sample mean. A higher share of vehicles using on board units will significantly reduce average Costs. Competitive tendering will significantly reduce average Operating Costs by as much as 25%. Our results also suggest that increased number of lanes, higher debt and passenger charging will increase average Operating Costs whereas average Operating Costs are lower for toll cordons compared with other projects.
-
Operating Costs in Norwegian toll companies: A panel data analysis
2006Co-Authors: Gunnar Bårdsen, Erik Amdal, Kåre Johansen, Morten WeldeAbstract:The objective of this paper is to ease the planning of new toll projects by providing estimates of Operating Costs, and to help us make better informed decisions about the design of the toll collection system. To do so we use panel data for Norwegian toll companies to estimate average cost functions. The main results can be summarised as follows. We provide evidence of very important unexploited economies of scale. The estimates cost curves are very steep for traffic levels below the sample mean, and becomes almost entirely flat over a wide range above the sample mean. A higher share of vehicles using on board units will significantly reduce average Costs. Competitive tendering will significantly reduce average Operating Costs by as much as 25 %. Our results also suggest that increased number of lanes, higher debt and passenger charging will increase average Operating Costs whereas average Operating Costs are lower for toll cordons compared with other projects.
