Road pricing

Circulation of this report is initially restricted to state road authorities to provide an opportunity for a review of its contents. The report presents a review of the basis for road pricing and argues that recent technological advances mean that it now deserves renewed and serious consideration. The report begins by discussing community objectives and shows that these can be developed into efficiency, effectiveness and equity measures and suggests that road pricing should be based on efficiency and constrained by effectiveness and equity. Efficiency is seen to represent financial/ economic objectives whereas effectiveness and equity represent social objectives. Road pricing is seen to be equitable in that it results in the user paying and the lack of this principle at the moment is argued to be the cause of many current problems. Road pricing is also seen to provide a rational means for allocating funds to road construction and maintenance. Long run marginal costs are argued to be the best basis for setting a road price. A technique is presented which enables the social cost of a road to be calculated. Desirable funding sources for particular road aspects are also discussed and itemised (a).

  • Record URL:
  • Corporate Authors:


    Melbourne, Victoria  Australia 
  • Authors:
    • Lay, M G
  • Publication Date: 1981-10


  • English

Media Info

  • Pagination: 18P
  • Serial:
    • Issue Number: AIR 000-178

Subject/Index Terms

Filing Info

  • Accession Number: 01438642
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ATRI
  • Created Date: Aug 24 2012 9:40PM