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Title:

ECONOMICS OF A UNIFIED TRANSPORTATION TRUST FUND

Accession Number:

00312465

Record Type:

Component

Availability:

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Order URL: http://worldcat.org/isbn/0309029864

Abstract:

The paper describes the pricing and investment rules that might be appropriate to a unified transportation trust fund and suggests that they could be based on the same criteria of profitability that are used in the private sector. The consequences of applying such rules to the U.S. transport sector are explored, and it is concluded that rail passenger transport and some waterway transport could be lost, but bus transport and rail freight services could benefit. The effect on air transport would be to divert traffic from the more congested airports to less congested ones. The effect on road transport could be a substantial rise in fuel taxes, especially on diesel fuel, and in the annual registration fees payable by vehicles that impose heavy axle loads on the road system. It is concluded that, if suitable pricing and investment criteria are introduced, a unified transportation trust fund would be unnecessary; if they are not, a unified transportation trust fund could be wasteful. (Author)

Supplemental Notes:

Publication of this paper sponsored by Committee on Application of Economic Analysis to Transportation Problems. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.

Monograph Accession #:

00391841

Report/Paper Numbers:

HS-028 848

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Roth, Gabriel

Editors:

Singer-Bart, S

Pagination:

pp 49-54

Publication Date:

1979

Serial:

Transportation Research Record

Issue Number: 731
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

0309029864

Media Type:

Print

Features:

References (13) ; Tables (1)

Uncontrolled Terms:

Subject Areas:

Economics; Planning and Forecasting; Society; Transportation (General)

Files:

HSL, TRIS, TRB

Created Date:

Oct 27 1985 12:00AM

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