ENERGY CRISIS AND THE ECONOMICS OF THE VERMONT HIGHWAY SYSTEM
A computer simulation model of Vermont highway finance shows a long-term need for policies that will both reduce costs and increase revenues. Lower highway revenues and higher maintenance costs will continue to intensify as inflation and automobile fule economy increase and public transportation systems develop. The state economy could improve by stopping construction of new highways, but deferring maintenance and reconstruction projects will only lower quality ahd have no economic benefit. A substantial increase in user tax rates is the only growth-generating source of revenues available as ownership and use of automobiles level off.
- Abstract appeared in Energy Abstracts for Policy Analysis, Volume 2, Number 7, July 1976.
Dartmouth CollegeThayer School of Engineering
Hanover, NH USA 03755
- Tank-Nielsen, C
- Hanover, N H
- Publication Date: 1975
- Pagination: 140 p.
- TRT Terms: Budgeting; Costs; Energy resources; Finishes; Fuel consumption; Highways; Inflation; Maintenance management; Public transit; Revenues; Simulation; State highway departments; User charges
- Candidate Terms: Highway economics
- Uncontrolled Terms: Energy crisis; Maintenance costs
- Old TRIS Terms: Polishes; State highway budget
- Subject Areas: Economics; Energy; Finance; Highways; Public Transportation; Society;
- Accession Number: 00139222
- Record Type: Publication
- Source Agency: Federal Energy Administration
- Files: TRIS
- Created Date: Sep 4 1976 12:00AM