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Title: SOCIOECONOMIC CONSIDERATIONS OF ROAD IMPACT FEES
Accession Number: 00714960
Record Type: Component
Availability: Find a library where document is available Abstract: Unsophisticated applications of road development impact fees have adverse socioeconomic impacts. This occurs when road impact fees are not calibrated to account for variation in household commuting trip lengths by household income proxied by house size in square meters, or when such fees do not account for the variation in work trip generation rates by house location with respect to transit station distance. The purpose of this study is to indicate in what ways unsophisticated fees have adverse socioeconomic effects and pose reasonably straightforward ways in which to correct for those effects. Failure to make these adjustments could lead to inequitable and inefficient road impact fee programs that may result in more fiscal harm than good.
Supplemental Notes: This paper appears in Transportation Research Record No. 1498, Transportation Finance, Training, Strategic Management, and Economic Analysis. 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 #: 01399826
Language: English
Authors: Nelson, Arthur CSanchez, Thomas WPagination: p. 32-35
Publication Date: 1995
Serial: ISBN: 0309061628
Features: Figures
(1)
; References
(3)
; Tables
(4)
TRT Terms: Old TRIS Terms: Subject Areas: Economics; Highways; Society; I10: Economics and Administration
Files: TRIS, TRB, ATRI
Created Date: Dec 21 1995 12:00AM
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