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Books > Social sciences > Politics & government > Central government > Central government policies
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Financing Transportation Networks (Hardcover)
Loot Price: R2,994
Discovery Miles 29 940
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Financing Transportation Networks (Hardcover)
Series: Transport Economics, Management and Policy series
Expected to ship within 10 - 15 working days
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Pollution, alternative fuels, congestion, intelligent
transportation systems, and the shift from construction to
maintenance all call for a reconsideration of the existing highway
revenue mechanisms, especially the gas tax. David Levinson explores
the fundamental theoretical basis of highway finance, in particular
the use of tolls, and supports that theory with empirical evidence.
The author examines highway finance from the perspective of
individual jurisdictions and travellers, and considers their
interactions rather than specifying a single optimal solution.
Congestion pricing has long been a goal of transportation
economists, who believe it will result in a more efficient use of
resources. Levinson argues that if the governance were to become
more decentralized, and collection costs continue to drop, tolls
could return to prominence as the preferred means of financing
roads for both local and intercity travel. An approach that creates
the local winners necessary to implement road pricing is required
before it can be expected to become widespread. Economists, civil
engineers, planners, students and policymakers will find this
detailed examination of transportation networks enlightening and
useful.
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