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A framework to guide strategic disinvestment in roadway infrastructure considering social vulnerability

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  • Novak, D.C.
  • Sullivan, J.F.
  • Sentoff, K.
  • Dowds, J.

Abstract

Strategic disinvestment involves a conscious reallocation of funds to prioritize transportation infrastructure assets in terms of their importance or criticality, and then deliberately shifting limited resources away from lower priority assets toward higher priority assets. While previous investment paradigms considered the economic implications of expanding or maintaining assets versus the alternative of no expansion or no maintenance, disinvestment considers whether it is realistic to attempt to maintain all assets according to their original standards, or if performance standards should be changed or ownership transferred. While the concept of disinvestment has received attention in recent years, there is no established framework for disinvestment actions, potential travel impacts associated with disinvestment actions have not been widely examined, and it is unclear how disinvestment may affect socially vulnerable populations.

Suggested Citation

  • Novak, D.C. & Sullivan, J.F. & Sentoff, K. & Dowds, J., 2020. "A framework to guide strategic disinvestment in roadway infrastructure considering social vulnerability," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 436-451.
    • Handle: RePEc:eee:transa:v:132:y:2020:i:c:p:436-451
    DOI: 10.1016/j.tra.2019.11.021
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