00474899

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http://onlinepubs.trb.org...trr/1987/1107/1107-020.pdf

https://scholar.google.co...xler&publication_year=1987

There is a role for the private sector to play in helping to solve what one transportation economist termed the "plague of the century," urban traffic congestion. For a variety of reasons, increasing the number and capacity of freeways as a means of reducing traffic congestion is unlikely. Similarly, meliorist traffic- and driver-management techniques are limited as long-term solutions to this problem. The expansion of public transit also lacks promise as a long-term solution. The introduction of the user-pays principle could make a significant contribution to ameliorating traffic congestion if a politically feasible strategy to phase in the user-pays concept can be developed. The successful application of privatization to other public services suggests that a privatization strategy may have an excellent chance for success. Such a strategy is outlined and incentives, which might overcome the opposition of interest groups that have hitherto opposed the user-pays concept, are suggested.

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.

01418063

pp 112-120

1987

Transportation Research Record

0309044553

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References (38)

Freeways; Incentives; Private enterprise; Privatization; Traffic congestion; Urban areas; User charges

Economics; Finance; Highways; Planning and Forecasting; Society; I72: Traffic and Transport Planning

TRIS, TRB

Oct 31 1987 12:00AM

• A CLOSER LOOK AT IMPACT FEES
• AN ECONOMIC ARGUMENT FOR PRIVATIZATION OF HIGHWAY OWNERSHIP
• ARTERIAL ROAD FUNDING FOR SOUTHEASTERN JEFFERSON COUNTY: EQUITY BASED ON TRAFFIC IMPACT
• ECONOMIC ARGUMENTS ON TOLL ROADS
• ELECTRONIC ROAD PRICING IN HONG KONG: AN OPPORTUNITY FOR ROAD PRIVATIZATION?
• FINANCING, PRIVATE-SECTOR INVOLVEMENT, AND MARKET PROCESSES IN THE PROVISION OF NATIONAL ROADS IN SOUTH AFRICA
• IMPACT FEE ASSESSMENT USING HIGHWAY COST ALLOCATION METHODS
• IMPACT OF TOLL POLICY IN THE UNITED KINGDOM
• INTRAURBAN ROAD PRIVATIZATION
• KEY FEATURES OF PRIVATIZATION FINANCING
• NEW THINKING ON PRIVATE-SECTOR TOLL ROADS IN INDIA: RATIONALE AND ISSUES
• OVERVIEW OF TOLL FINANCING IN COUNTRIES THAT ARE MEMBERS OF THE ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMENT
• PRIVATE ENTERPRISE AND HIGHWAYS
• PRIVATE-SECTOR INVOLVEMENT AND TOLL ROAD FINANCING IN THE PROVISION OF HIGHWAYS - OPENING REMARKS
• PRIVATE-SECTOR INVOLVEMENT IN VIRGINIA'S NINETEENTH-CENTURY TRANSPORTATION IMPROVEMENT PROGRAM
• PRIVATE-SECTOR ROADWAY FUNDING IN TEXAS
• PUBLIC AND PRIVATE COOPERATION IN THE PROVISION OF NATIONAL FOREST ROADS
• PUBLIC-PRIVATE INVOLVEMENT IN THE DEVELOPMENT OF ROADWAYS AND INTERCHANGES IN COLORADO
• SOME FINANCIAL, ECONOMIC, AND SOCIAL POLICY ISSUES ASSOCIATED WITH TOLL FINANCE
• TECHNOLOGY AND THE HEAVY-VEHICLE ELECTRONIC LICENSE PLATE PROGRAM: POTENTIAL USES FOR GOVERNMENT AND INDUSTRY
• THE TOLL RING IN BERGEN, NORWAY