ECONOMIC IMPACT OF ENFORCING WEIGHT RESTRICTIONS ON EASTERN KENTUCKY ROADS

IT WAS FOUND THAT THE USE OF LARGE NUMBERS OF OVERWEIGHT COAL TRUCKS IN EASTERN KENTUCKY CONTRIBUTES TO ROAD DESTRUCTION AND THEREBY IMPOSES COSTS ON SOCIETY AT LARGE. THE PUBLIC SECTOR, IN ITS ROLE AS A TRANSFER AGENT FOR EQUATING PRIVATE AND SOCIAL COSTS WITH BENEFITS, HAS THE RESPONSIBILITY OF ENFORCING MAXIMUM WEIGHT RESTRICTIONS ON EASTERN KENTUCKY ROADS. IT WAS CONCLUDED THAT THE MAXIMUM WEIGHT LIMITATIONS CAN BE ENFORCED WITHOUT INFLICTING HARDSHIPS UPON THE ECONOMY OF THE REGION AND WITH A NET INCREASE IN CITIZENS' WELFARE. THE PHASING OUT OF OVERWEIGHT COAL TRUCKS IMPLIES THE SALE AND USE OF MANY MORE SMALLER TRUCKS WITH A PROPORTIONATE RISE IN THE NUMBER OF TRUCK DRIVERS NEEDED. ENFORCING WEIGHT LIMITATIONS WOULD SHIFT FORWARD, IN THE FORM OF HIGHER PRICES TO COAL BUYERS, SOCIAL COSTS NOW BORNE BY KENTUCKIANS. A GENERAL INCREASE IN REAL INCOME WOULD RESULT IN THE STATE, BECAUSE RESOURCES NOW DEVOTED TO THE REPAIR AND MAINTENANCE OF DAMAGED ROADS WOULD BE FREED FOR OTHER MORE USEFUL PURPOSES. /AUTHOR/

  • Corporate Authors:

    University of Kentucky, Lexington

    College of Business and Economics
    Lexington, KY  United States  40506
  • Authors:
    • Harvey, C E
  • Publication Date: 1971

Subject/Index Terms

Filing Info

  • Accession Number: 00202029
  • Record Type: Publication
  • Report/Paper Numbers: 104 pp
  • Files: TRIS
  • Created Date: Mar 20 1972 12:00AM