THE CASE FOR A PUBLIC ROAD AUTHORITY

Author(s)
Newbery, D.M.
Year
Abstract

In the author's view, the British Government lacks a clear strategy for road provision and pricing. In this paper, a public Road Authority is proposed. This organisation would own the highway infrastructure and hold the debt of 100 billion pounds, which would reduce the national debt by that amount. Charging cars 2.5p/km to cover interest and operating costs, with the balance of 1p/km as a pure tax, would finance additional motorways at 2-3.5p/veh.km, and facilitate proper road pricing, simplifying the price of rail and public transport. Present provisions for private roads lead to large distortions, and are unlikely to encourage private investment. (Author/publisher).

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Publication

Library number
I 867685 [electronic version only] /10 /21 / IRRD 867685
Source

Journal of Transport Economics and Policy. 1994 /11. 28(3) Pp235-53 (17 Refs.)

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This publication is one of our other publications, and part of our extensive collection of road safety literature, that also includes the SWOV publications.