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Financing Road Construction and Maintenance After the Fuel Tax Reform

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  • Asian Development Bank (ADB)

Abstract

This study explores several fundamental issues associated with the implementation of the fuel tax reform initiative in the People’s Republic of China and the improvement of the sustainability of the country’s highway programs. It identifies and explores high-level policy issues, options, and future research needs associated with financing ordinary and rural road construction and maintenance. The research includes an assessment of the impacts, successes, and challenges of the fuel tax reform to date, and identifies areas where additional steps and actions may be required to improve program sustainability and effectiveness. The study also examines applicable experiences from developed and developing countries and suggests policy recommendations.

Suggested Citation

  • Asian Development Bank (ADB), 2012. "Financing Road Construction and Maintenance After the Fuel Tax Reform," ADB Reports RPT125089, Asian Development Bank (ADB), revised 22 Aug 2013.
    • Handle: RePEc:asd:wpaper:rpt125089
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    More about this item

    Keywords

    adb; asian development bank; asdb; asia; pacific; poverty asia; china; transportation; prc; oil; oil prices; taxation; tax reform; vat; fuel prices; CARs; traffic; roads; toll roads; highway; ministry of transport; road maintenance; construction; oil products; gasoline; road tax; vehicle purchase tax; MOT; oil shock;
    All these keywords.

    JEL classification:

    • F - International Economics
    • R - Urban, Rural, Regional, Real Estate, and Transportation Economics

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