On the Performance of the U.S. Transportation System: Caution Ahead

Transportation is a vital sector of the U.S. economy based on consumers', firms', and government's enormous expenditures in money and time and on its effect on virtually all other sectors in the economy. The author assesses the performance of the transportation system and considers how it could be improved by analyzing whether the United States has the optimal mix of public and private provision. The empirical evidence indicates that the country's hugely important transportation system has been compromised by various government policies and the significant welfare costs motivate either vastly improving public provision or expanding the role of the private sector

• Record URL:
  • https://doi.org/10.1257/jel.51.3.773
• Record URL:
  • http://www.aeaweb.org/articles.php?doi=10.1257/jel.51.3.773
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00220515
• Supplemental Notes:
  • Copyright © 2913 by the American Economic Association.
• Authors:
  • Winston, Clifford
• Publication Date: 2013

Language

• English

Media Info

• Media Type: Digital/other
• Features: Figures; References; Tables;
• Pagination: pp 773-824
• Serial:
  • Journal of Economic Literature
  • Volume: 51
  • Issue Number: 3
  • Publisher: American Economic Association
  • ISSN: 0022-0515
  • Serial URL: http://www.aeaweb.org/jel/

Subject/Index Terms

• TRT Terms: Externalities; Governments; Performance measurement; Policy; Private enterprise; Transportation
• Geographic Terms: United States
• Subject Areas: Planning and Forecasting; Policy; Transportation (General); I10: Economics and Administration; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01502372
• Record Type: Publication
• Files: TRIS
• Created Date: Dec 23 2013 11:06AM