Remediating Inequity in Transportation Finance
Policymakers are strongly considering new tolls and fees to manage congestion, provide environmental benefits, and raise money for transportation investment and maintenance. Understandably, such a shift in the way transportation is financed raises concerns about equity. In the United States driving is so ubiquitous that any efforts to raise the marginal costs of driving will have implications across a broad swath of the population, including raising the cost of travel for many people who are poor and have no alternatives. Understanding how existing transportation financing schemes compensate for inequities is critical for developing policies that will ensure fairness in the future. To this end this essay explores how inequity is remediated through revenue recycling and dedicated programs using transportation finance.
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Supplemental Notes:
- Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
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Authors:
- King, David A
- Publication Date: 2011
Language
- English
Media Info
- Media Type: Web
- Features: References; Tables;
- Pagination: 22p
- Monograph Title: Equity of Evolving Transportation Finance Mechanisms
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Serial:
- Transportation Research Board Special Report
- Issue Number: 303
- Publisher: Transportation Research Board
- ISSN: 0360-859X
Subject/Index Terms
- TRT Terms: Congestion pricing; Equity; Financing; Highways; Public transit; Transportation policy; User charges
- Subject Areas: Economics; Finance; Highways; Policy; Public Transportation; Society;
Filing Info
- Accession Number: 01351435
- Record Type: Publication
- ISBN: 9780309167604
- Files: TRIS, TRB
- Created Date: Sep 9 2011 3:09PM