00474900

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http://onlinepubs.trb.org...trr/1987/1107/1107-021.pdf

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

Although the assumption has been made that intercity highways would provide the natural testing ground for increased private participation in the provision of road services, such an assumption may be unwarranted. It is true that intercity highways more easily fit the mold of a traditional toll road. However, there is no compelling necessity to adhere to this mold. The urban environment, in contrast, offers some significant attractions as a testing ground for privatization innovations. The need for innovative solutions is much more apparent in the urban setting. Urban traffic congestion and the higher cost of constructing new capacity point to a more urgent need for cost-effective solutions. The urban setting also presents more diversity of options for examining privatized alternatives. The possibilities for comparison and competition among possible approaches are much broader in an urban environment. For example, the potential problem of abuse of private monopoly power is less pronounced in a city street system with numerous parallel routes than in a rural highway system route that has no close substitutes. This paper will be conceptual in nature. The goal is to examine the thought processes that could guide experimentation with privatization in order to consider whether the best candidates for initial test cases might be urban rather than rural roads.

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 120-125

1987

Transportation Research Record

0309044553

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Tables (1)

Alternatives analysis; Competition; Cost effectiveness; Privatization; Traffic congestion; Urban areas; Urban highways

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

TRIS, TRB

Oct 31 1987 12:00AM

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• ECONOMIC ARGUMENTS ON TOLL ROADS
• ELECTRONIC ROAD PRICING IN HONG KONG: AN OPPORTUNITY FOR ROAD PRIVATIZATION?
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• IMPACT FEE ASSESSMENT USING HIGHWAY COST ALLOCATION METHODS
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• KEY FEATURES OF PRIVATIZATION FINANCING
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• PRIVATE-SECTOR INVOLVEMENT IN VIRGINIA'S NINETEENTH-CENTURY TRANSPORTATION IMPROVEMENT PROGRAM
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• 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