01090946

Component

Privatization of toll roads is a new policy in the U.S. Although there has been much discussion on how high tolls might go on roads that have been leased under long-term agreements, little empirical work has been done to suggest how private operators might price road access and what effect these pricing policies might have on traffic, the public, and the highways system. This paper empirically demonstrates that tolls can be expected to rise quite significantly and that substantial diversion of trucks is likely to take place. Some of this traffic is likely to divert (as it did in Ohio) to two-lane roads that are inherently less safe than interstate highways. Additionally, the increased cost of freight transportation resulting from such toll increases is likely to have substantial negative effects on interstate commerce and the economy.

01084478

08-2727

English

25p

2008

Transportation Research Board 87th Annual Meeting

DVD

Figures (2) ; References (39) ; Tables (10)

Economics; Freight traffic; Highway safety; Interstate commerce; Privatization; Public private partnerships; Toll roads; Transportation policy; Trucking

Economics; Freight Transportation; Highways; Motor Carriers; Planning and Forecasting; Policy; Society; I10: Economics and Administration

Transportation Research Board Annual Meeting 2008 Paper #08-2727

TRIS, TRB

Jan 29 2008 5:11PM