IDEAS home Printed from https://ideas.repec.org/a/wut/journl/v1y2019p17-35id1409.html
   My bibliography  Save this article

An analysis of maintenance schedules for public facilities

Author

Listed:
  • Arnt O. Hopland
  • Sturla F. Kvamsdal
  • Leif K. Sandal

Abstract

We present a flexible, formal framework for maintenance scheduling for public facilities. Key features of the model include an accelerating deterioration scheme, a general utility measure, and real estate market effects in the salvage function. The model is rich enough to capture a range of stylistic scenarios pertaining to public facilities while remaining simple enough to allow formal analysis of the optimal maintenance schedule. Based on our analysis, we draw a phase diagram that classifies the generic behavior of the optimal solution. We illustrate our analysis in numerical examples that highlight essential trade-offs and the time dependence of the facility maintenance problem. Under simplifying assumptions, we also derive the basics of an exact solution.

Suggested Citation

  • Arnt O. Hopland & Sturla F. Kvamsdal & Leif K. Sandal, 2019. "An analysis of maintenance schedules for public facilities," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 29(1), pages 17-35.
    • Handle: RePEc:wut:journl:v:1:y:2019:p:17-35:id:1409
    DOI: 10.37190/ord190102
    as

    Download full text from publisher

    File URL: https://ord.pwr.edu.pl/assets/papers_archive/1409%20-%20published.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.37190/ord190102?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Rioja, Felix K., 1999. "Productiveness and welfare implications of public infrastructure: a dynamic two-sector general equilibrium analysis," Journal of Development Economics, Elsevier, vol. 58(2), pages 387-404, April.
    2. Arnt Ove Hopland & Lars-Erik Borge, 2012. "Maintenance and building conditions in Norwegian local governments: Economic and political determinants," Working Paper Series 13112, Department of Economics, Norwegian University of Science and Technology.
    3. Jakob Haan & Jan Sturm & Bernd Sikken, 1996. "Government capital formation: Explaining the decline," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 132(1), pages 55-74, March.
    4. Kalaitzidakis, Pantelis & Kalyvitis, Sarantis, 2004. "On the macroeconomic implications of maintenance in public capital," Journal of Public Economics, Elsevier, vol. 88(3-4), pages 695-712, March.
    5. Lars-Erik Borge & Arnt O. Hopland, 2017. "Schools and public buildings in decay: the role of political fragmentation," Economics of Governance, Springer, vol. 18(1), pages 85-105, February.
    6. Rioja, Felix K., 2003. "Filling potholes: macroeconomic effects of maintenance versus new investments in public infrastructure," Journal of Public Economics, Elsevier, vol. 87(9-10), pages 2281-2304, September.
    7. Kym Fraser & Hans-Henrik Hvolby & Chihiro Watanabe, 2011. "A review of the three most popular maintenance systems: how well is the energy sector represented?," International Journal of Global Energy Issues, Inderscience Enterprises Ltd, vol. 35(2/3/4), pages 287-309.
    8. Morton I. Kamien & Nancy L. Schwartz, 1971. "Optimal Maintenance and Sale Age for a Machine Subject to Failure," Management Science, INFORMS, vol. 17(8), pages 495-504, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ward Romp & Jakob De Haan, 2007. "Public Capital and Economic Growth: A Critical Survey," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 8(S1), pages 6-52, April.
    2. Ganelli, Giovanni & Tervala, Juha, 2010. "Public infrastructures, public consumption, and welfare in a new-open-economy-macro model," Journal of Macroeconomics, Elsevier, vol. 32(3), pages 827-837, September.
    3. Pierre‐Richard Agénor, 2009. "Infrastructure Investment and Maintenance Expenditure: Optimal Allocation Rules in a Growing Economy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(2), pages 233-250, April.
    4. Seiki Ochi & Takayuki Ueda & Muneta Yokomatsu, 2014. "Knowledge and skill for infrastructure technology and economic growth," Chapters, in: Charlie Karlsson & Börje Johansson & Kiyoshi Kobayashi & Roger R. Stough (ed.), Knowledge, Innovation and Space, chapter 6, pages 139-159, Edward Elgar Publishing.
    5. Xiao Ke & Justin Yifu Lin & Caihui Fu & Yong Wang, 2020. "Transport Infrastructure Development and Economic Growth in China: Recent Evidence from Dynamic Panel System-GMM Analysis," Sustainability, MDPI, vol. 12(14), pages 1-22, July.
    6. Chen, Jiandong & Yu, Jie & Shen, Zhiyang & Song, Malin & Zhou, Ziqi, 2023. "Debt financing and maintenance expenditure: Theory and evidence on government-operated toll roads in China," Economic Systems, Elsevier, vol. 47(1).
    7. Cárcamo-Díaz, Rodrigo, 2007. "Coordination of public expenditure in transport infrastructure: analysis and policy perspectives for Latin America," Macroeconomía del Desarrollo 5423, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    8. Shian -Jang Tzeng & Yirui Xu & Jianfu Ding & Yongyou Li & Hongshi Jin, 2021. "The dynamic analysis of maintenance policy in a growing economy with public capital," International Journal of Economic Policy Studies, Springer, vol. 15(1), pages 183-204, February.
    9. Oscar Afonso & Sara Monteiro & Maria Thompson, 2014. "Innovation Economy, Productive Public Expenditure and Economic Growth," Metroeconomica, Wiley Blackwell, vol. 65(4), pages 671-689, November.
    10. Bernadette Biatour & Chantal Kegels & Jan van der Linden & Dirk Verwerft, 2017. "Working Paper 01-17 - Public Investment in Belgium - Current State and Economic Impact," Working Papers 1701, Federal Planning Bureau, Belgium.
    11. Ongono, Patrice, 2009. "Consommation d'énergie et performances économiques au Cameroun [Energy consumption and economic performance in Cameroon]," MPRA Paper 23525, University Library of Munich, Germany.
    12. Andreas Irmen & Johanna Kuehnel, 2009. "Productive Government Expenditure And Economic Growth," Journal of Economic Surveys, Wiley Blackwell, vol. 23(4), pages 692-733, September.
    13. Tamai, Toshiki, 2016. "Public investment, the rate of return, and optimal fiscal policy in a stochastically growing economy," Journal of Macroeconomics, Elsevier, vol. 49(C), pages 1-17.
    14. Hua Zhong & Michael H. Taylor & Kimberly S. Rollins & Dale T. Manning & Christopher G. Goemans, 2019. "Who pays for water scarcity? Evaluating the welfare implications of water infrastructure investments for cities," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 63(3), pages 559-600, December.
    15. William Easterly & Timothy Irwin & Luis Servén, 2008. "Walking up the Down Escalator: Public Investment and Fiscal Stability," The World Bank Research Observer, World Bank, vol. 23(1), pages 37-56, January.
    16. Pierre-Richard Agénor, 2005. "Infrastructure Investment and Maintenance Expenditure: Optimal Allocation Rules in a Growing," Economics Discussion Paper Series 0537, Economics, The University of Manchester.
    17. Ganelli, Giovanni & Tervala, Juha, 2010. "Public infrastructures, public consumption, and welfare in a new-open-economy-macro model," Journal of Macroeconomics, Elsevier, vol. 32(3), pages 827-837, September.
    18. Straub, Stephane, 2008. "Infrastructure and growth in developing countries : recent advances and research challenges," Policy Research Working Paper Series 4460, The World Bank.
    19. Motoyama, Takumi, 2017. "Optimal disaster-preventive expenditure in a dynamic and stochastic model," Journal of Macroeconomics, Elsevier, vol. 51(C), pages 28-47.
    20. Lisa Chever & Michael Klien, 2018. "Trading service quality for safety: a cautionary tale from the French ‘Robien law’ on elevator safety," Journal of Regulatory Economics, Springer, vol. 53(1), pages 20-36, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wut:journl:v:1:y:2019:p:17-35:id:1409. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adam Kasperski (email available below). General contact details of provider: https://edirc.repec.org/data/iopwrpl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.