Title: On the Role of Government in Toll Road Financing
Abstract: The specialty of toll roads determines its complexity in the process of financing. Toll roads can finance in the capital markets, but toll roads have the attributes of infrastructure and quasi-public goods. So the role of government could not be ignored in the toll road financing. This paper analyzes the attributes of toll roads, defines the role of the government, gives some concrete advices and discusses the studies and decision making in this field.
Publication Year: 2003
Publication Date: 2003-01-01
Language: en
Type: article
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