Title: A TRANSPORTATION AGENDA FOR THE 21ST CENTURY. V. FRANCHISING URBAN FREEWAYS: GETTING THERE FROM HERE
Abstract:This brief, which is Part V in a series on developing a transportation agenda for the 21st century, presents a commentary on replacing today's system of public roads with a market-oriented, consumer-r...This brief, which is Part V in a series on developing a transportation agenda for the 21st century, presents a commentary on replacing today's system of public roads with a market-oriented, consumer-responsive system of private highway franchises. If pricing is used to manage urban traffic, the present largely fuel-tax-based highway funding system must be replaced with one based directly on the time and location of road use. Efforts should be directed at causing a shift toward a new institutional model of road provision, in which roadways--at least expressways and major arterials--become customer-responsive utilities far more like telecom networks than today's take-it-or-leave-it roadway system. The brief outlines policy changes that would move the nation in that direction. They include defederalizing the highway system, converting high occupancy vehicle (HOV) lanes to high occupancy toll (HOT) lanes, ending the double taxation of tolls and fuel taxes, enacting public-private partnership laws, developing national standards for electronic tolling, and using annual registration fees for local streets and roads.Read More
Publication Year: 2000
Publication Date: 2000-07-01
Language: en
Type: article
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