Financing Transport Infrastructure

The financing of transport infrastructure has been discussed in this chapter as an issue between efficient pricing and political distribution. Historically, toll pricing and private investment in transport infrastructure has been frequent and important (e.g., in the railway era), and market orientation relevant. More recently, e.g., in the economic growth after the Second World War and the construction of large motorway networks as well as urban transit systems, public funding and operation has largely dominated. Economists, models for the return to some economic principles promoting an efficient allocation of funds, environmental resources, and users’ time are of limited relevance as long as distributional issues prevail. Therefore, the conclusion is that the increasing emphasis in the literature on analyzing and understanding the economics of transport policy and the mechanisms of collective choices in the sector will improve the feasibility of financing infrastructure via pricing.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/0080441157
• Authors:
  • Maggi, Rico
• Publication Date: 2005

Language

• English

Media Info

• Media Type: Print
• Features: References; Tables;
• Pagination: pp 285-297
• Monograph Title: Handbook of Transport Strategy, Policy and Institutions
• Serial:
  • Handbooks in Transport
  • Volume: 6
  • Publisher: Elsevier
  • ISSN: 1472-7889

Subject/Index Terms

• TRT Terms: Economic growth; Financing; Infrastructure; Investments; Market assessment; Political factors; Pricing; Public private partnerships; Resource allocation; Toll roads; Tolls; Transportation planning; Transportation policy; Urban transit
• Subject Areas: Economics; Finance; Highways; Planning and Forecasting; Policy; Public Transportation; Railroads; I21: Planning of Transport Infrastructure;

Filing Info

• Accession Number: 01002546
• Record Type: Publication
• ISBN: 0080441157
• Files: TRIS
• Created Date: Jul 26 2005 11:16AM