Economic analysis is applied to individual road usage and to governmental choices concerning road improvement. The problem is to find user charges and tax and investment policies that give rise to the most efficient utilization of all resources. Some form of marginal cost pricing is recommended. Economic analysis provides no basis for requiring a particular road, class of roads, or highway system as a whole to cover costs by user charges. Using a...
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1968/01/31
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Рабочие документы (нумерованная серия)
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OCP5
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1
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1
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2010/07/01
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The economics of road user charges
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macroeconomic problem
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