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Paying for the Fixed Costs of Roads

This paper explores alternative financing mechanisms to pay for the fixed costs of roads, particularly in cases without rising marginal costs. Mechanisms considered include tolls, gasoline taxes, and developer payments. The problems with each are discussed. An example looking at problems of temporal and spatial free-riding is presented. © 2005 LSE and the University of Bath

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Article provided by London School of Economics and University of Bath in its journal Journal of Transport Economics and Policy.

Volume (Year): 39 (2005)
Issue (Month): 3 (September)
Pages: 279-294

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Handle: RePEc:tpe:jtecpo:v:39:y:2005:i:3:p:279-294
Contact details of provider: Web page: http://www.bath.ac.uk/e-journals/jtep

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  1. Baer, Christopher T. & Klein, Daniel B. & Majewski, John, 1992. "From Trunk to Branch: Toll Roads in New York, 1800-1860," University of California Transportation Center, Working Papers qt9pv183b2, University of California Transportation Center.
  2. David M. Levinson, 2002. "Financing Transportation Networks," Books, Edward Elgar, number 2308, 6.
  3. Fielding, Gordon J. & Klein, Daniel B., 1993. "How To Franchise Highways," University of California Transportation Center, Working Papers qt79z9x6fs, University of California Transportation Center.
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