Author: David M. LevinsonPublisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 246
Book Description
Argues the case for road tolls becoming the preferred means of financing roads.
Financing Transportation Networks
Author: David M. LevinsonPublisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 246
Book Description
Argues the case for road tolls becoming the preferred means of financing roads.
Sustainable Urban Transport Financing from the Sidewalk to the Subway
Author: Arturo Ardila-GomezPublisher: World Bank Publications
ISBN: 1464807574
Category : Business & Economics
Languages : en
Pages : 111
Book Description
Urban transport systems are essential for economic development and improving citizens' quality of life. To establish high-quality and affordable transport systems, cities must ensure their financial sustainability to fund new investments in infrastructure while also funding maintenance and operation of existing facilities and services. However, many cities in developing countries are stuck in an "underfunding trap" for urban transport, in which large up-front investments are needed for new transport infrastructure that will improve the still small-scale, and perhaps, poor-quality systems, but revenue is insufficient to cover maintenance and operation expenses, let alone new investment projects. The urban transport financing gap in these cities is further widened by the implicit subsidies for the use of private cars, which represent a minority of trips but contribute huge costs in terms of congestion, sprawl, accidents, and pollution. Using an analytical framework based on the concept of "Who Benefits Pays," 24 types of financing instruments are assessed in terms of their social, economic and environmental impacts and their ability to fund urban transport capital investments, operational expenses, and maintenance. Urban transport financing needs to be based on an appropriate mix of complementary financing instruments. In particular for capital investments, a combination of grants †“from multiple levels of government†“ and loans together with investments through public private partnerships could finance large projects that benefit society. Moreover, the property tax emerges as a key financing instrument for capital, operation, and maintenance expenses. By choosing the most appropriate mix of financing instruments and focusing on wise investments, cities can design comprehensive financing for all types of urban transport projects, using multi-level innovative revenue sources that promote efficient pricing schemes, increase overall revenue, strengthen sustainable transport, and cover capital investments, operation, and maintenance for all parts of a public transport system, "from the sidewalk to the subway."
Urban Transportation Financing
Author: Mark w. FrankenaPublisher: University of Toronto Press
ISBN: 1487597207
Category : Business & Economics
Languages : en
Pages : 228
Book Description
This is an economic analysis of pricing and subsidy policies for urban roads and urban public transit in Ontario. Professor Frankena demonstrates the benefits of evaluating the economic merits of policy alternatives, and attempts to determine whether existing policies waste resources or lead to undesirable income transfers among different groups in the population. He concludes that resources are being wasted because the use of urban roads is substantially underpriced during periods of peak demand. He also finds that while there are sound economic justifications for substantial public transit subsidies, the allocation of subsidies by the Ontario government on the basis of capital expenditures can be expected to waste resources, as can the maximization of ridership which is likely to lead to detrimental fare and service policies. In conclusion, Frankena suggests improvements in the systems for charging people for the use of roads and public transit and in the ways that governments provide subsidies.
Transportation Finance
Author: National Research Council (U.S.). Transportation Research BoardPublisher: Transportation Research Board
ISBN: 0309094992
Category : Federal aid to transportation
Languages : en
Pages : 111
Book Description
Funding and Financing Transport Infrastructure
Author: Athena RoumboutsosPublisher: Routledge
ISBN: 1351866222
Category : Business & Economics
Languages : en
Pages : 272
Book Description
This book seeks to enhance understanding of the impacts of project setup and its implementation environment on project performance by leveraging information from the study of a rich set of European transport infrastructure project cases. It puts forward a system’s view of project delivery and aims to serve as a strategic tool for decision makers and practitioners. The proposed approach is not limited to specific stakeholder views. On the contrary, it allows stakeholders to formulate their own strategies based on an holistic set of potential implementation scenarios. Furthermore, by including cases of projects that have been influenced by the recent financial crisis, the book aims to capitalise on experiences and provide guidelines as to the design and implementation of resilient projects delivered both through traditional as well as Public Private Partnership (PPP) models. Finally, the book proposes a new Transport Infrastructure Resilience Indicator and a corresponding project rating system that can be assessed with an eye to the future, ultimately aiming to support the successful delivery of transport infrastructure projects for all stakeholders involved.
Transportation Finance
Author: United States. Congressional Budget OfficePublisher:
ISBN:
Category : Federal aid to transportation
Languages : en
Pages : 60
Book Description
Transportation Finance
Author: Innovative Financing Techniques
Author: Gladstone AssociatesPublisher:
ISBN:
Category : Government publications
Languages : en
Pages : 404
Book Description
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