Challenges in Road Transport Reforms, Road Infrastructure Financing and Productivity PDF Download

Author: Kenneth William Ogden
Publisher:
ISBN: 9781876592707
Category : Infrastructure (Economics)
Languages : en
Pages : 25

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Author: Michael de Percy
Publisher: ANU Press
ISBN: 1760462314
Category : Business & Economics
Languages : en
Pages : 197

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Book Description
Road pricing is not a new concept—toll roads have existed in Australia since Governor Macquarie established one from Sydney to Parramatta in 1811—and distance-based charging schemes have been trialled and implemented with varying success overseas. But how would full market reform of roads look in a federation like Australia? In its responses to the 2016 Australian Infrastructure Plan and the 2015 Competition Policy Review, the Australian Government explicitly supported investigating cost-reflective road pricing as a long-term reform option, and has committed to establishing a study chaired by an eminent Australian to look into the potential impacts of road pricing reform on road users. The challenges we face in this space are manifold and complex, and we still have a long road ahead of us. However, with advocacy for reform coming from interest groups as diverse as governments, private transport companies, peak industry bodies, policy think tanks and state motoring clubs, there is now more support than ever before for changing the way we provide for and fund our roads. This book seeks to advance the road reform agenda by presenting some of the latest thinking on road pricing and provision from a variety of disciplinary approaches—researchers, economists and public sector leaders. It stresses the need for reform to ensure Australians can enjoy the benefits of efficient and sustainable transport infrastructure as our population and major metropolitan cities continue to grow. Traffic congestion is avoidable, but we must act soon. The works presented here all point to the need for change—the expertise and the technology are available, and the various reform options have been mapped out in some detail. It is time for the policy debate to shift to how, rather than if, road reform should progress.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292549529
Category : Transportation
Languages : en
Pages : 225

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Book Description
The People's Republic of China implemented the Fuel Tax Reform in 2009. It abolished a range of provincial and local government fees and increased the central government tax on motor vehicle fuel. This reform centralized the government revenues for the sector, but various issues remain. This publication analyzes the implications of the reform on the operation and maintenance of ordinary roads. It recommends the formation of a National Road and Funding Administration, responsible for the national road programs and policy, and the creation of a central road trust fund to finance the operation and maintenance of ordinary roads.

Author:
Publisher: World Bank Publications
ISBN: 9780195209921
Category : Business & Economics
Languages : en
Pages : 268

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Book Description
World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.

Author: Ingo Walter
Publisher: Open Book Publishers
ISBN: 1783742968
Category : Business & Economics
Languages : en
Pages : 130

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Book Description
Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and multifaceted implications for social progress. At the same time, infrastructure finance is among the most complex and challenging areas in the global financial architecture. Ingo Walter, Professor Emeritus of Finance, Corporate Governance and Ethics at the Stern School of Business, New York University, and his team of experts tackle the issue by focussing on key findings backed by serious theoretical and empirical research. The result is a set of viable guideposts for researchers, policy-makers, students and anybody interested in the varied challenges of the contemporary economy.

Author: Yang Yang
Publisher: International Monetary Fund
ISBN: 1484391012
Category : Business & Economics
Languages : en
Pages : 63

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Book Description
This paper examines the impact of highway expansion on aggregate productivity growth and sectoral reallocation between cities in China. To do so, I construct a unique dataset of bilateral transportation costs between Chinese cities, digitized highway network maps, and firm-level census. I first derive and estimate a market access measure that summarizes all direct and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal impact of highways on economic outcomes and the underlying channels. The results suggest that highways promoted aggregate productivity growth by facilitating firm entry, exit and reallocation. I also find evidence that the national highway system led to a sectoral reallocation between cities in China.

Author: Howard J Shatz
Publisher: Rand Corporation
ISBN: 0833052268
Category : Business & Economics
Languages : en
Pages : 120

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Book Description
To inform debate on a new transportation bill being considered, the authors review the literature on the economic outcomes of highway infrastructure spending, which constitutes the largest share of federal spending on transportation infrastructure. They highlight the connections between highway spending and the economy and then analyze the literature to trace the effects of highway infrastructure on productivity, output, and employment.

Author:
Publisher: World Bank Publications
ISBN: 9780821335987
Category : Transportation
Languages : en
Pages : 148

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Book Description
"This publication elaborates on how the specific characteristics of the different transport subsectors affect the potential for expanding the role of competitive markets. It defines the principal challenges currently faced by the transport sector as a whole as: (i) the completion of basic infrastructure networks and (ii) the provision of adequate maintenance for them. Future challenges may include: (i) increasing responsiveness to customer needs, (ii) adjusting to global trade patterns, and (iii) coping with rapid motorization. These challenges highlight the need to reform institutional and transport policy in order to support a better quality of life on a sustained basis. This book identifies some generally applicable principles and best practices as the foundation of a policy for more sustainable transport. Economic and financial sustainability requires that resources be used efficiently and that assets be maintained properly. Environmental and ecological sustainability requires that the external effects of transport be taken into account fully when public or private decisions are made that determine future development. Social sustainability requires that the benefits of improved transport reach all sections of the community. It is necessary to redefine the role of governments in the transport sector--the focus in transport policy must shift toward a market-based approach with the private sector taking on more of the responsibility for providing, operating, and financing transport services and infrastructure. The role of the government would therefore decline, but its importance as the enabler of competition and the custodian of environmental and social interests would increase. The World Bank Group's role will be to focus on institutional and policy reform; it can help governments fulfill their enabling and supervisory role in a freer transport market through more selective and focused technical assistance for building the capacity and skills needed by the public sector." -- Website.

Author: International Transport Forum
Publisher: OECD Publishing
ISBN: 9282101568
Category :
Languages : en
Pages : 238

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Book Description
Examines key principles that should be considered by governments in deciding how to provide and pay for surface transport infrastructure, with a view to best serving societies’ needs and employing public resources.

Author: Vivek Date
Publisher: SBS Publishers
ISBN: 9788131427347
Category : Infrastructure (Economics)
Languages : en
Pages : 240

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Book Description
CONTENTS: Roads, Pro - Poor & Pro - Growth Provision of Road Infrastructure in India; Issues & Strategies; Maintaining Highways on Maintain-Operate-Transfer Basis: A Business Model to Commercialize Highways in India; The Crisis of Public Transport in India: Overwhelming Needs but Limited Resources; Social Cost Benefit Analysis for Indian Roads-Development with Responsibility; Road Transport & Poverty Reduction in Tanzania; Guide to Process & Code of Practice for National Road Project Planning & Acquisition of Property for National Roads; All Roads Lead to Vietnam' s Danang; Linkages Between Infrastructure & Economic Growth; Implications of Selected Urban Road Tolling Policies for New Zealand (Executive Summary); The Road from Mumbai to Pune; Asphalt Net Covers China's West; Generated Traffic & Induced Travel Implications for Transport Planning.