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Introduction to the Special Issue on Funding Transportation Infrastructure

Author

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  • André de Palma

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, ENS Cachan - École normale supérieure - Cachan)

  • Robin Lindsey

    (University of Alberta)

  • Stef Proost

    (KU Leuven - Catholic University of Leuven = Katholieke Universiteit Leuven)

Abstract

There is growing concern around the world about insufficient capacity and poor condition of transportation infrastructure. Congestion on roads and at airports, bottlenecks at seaports and railway terminuses, the dilapidated state of highways and other problems are mounting. Traditional revenue sources such as property and fuel taxes are unlikely to suffice in the future either to pay for adequate maintenance or to fund investments in new and improved infrastructure. Shortages of funds, and increasing support for the user pays principle, are behind calls to give an increased role to user charges such as highway tolls and airport fees related to congestion and other user-imposed costs. And the private sector is increasingly being called upon to help design, finance, build, operate and maintain infrastructure -- often through Public Private Partnerships.

Suggested Citation

  • André de Palma & Robin Lindsey & Stef Proost, 2012. "Introduction to the Special Issue on Funding Transportation Infrastructure," Post-Print hal-00719701, HAL.
    • Handle: RePEc:hal:journl:hal-00719701
    DOI: 10.1007/s11067-009-9110-2
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    References listed on IDEAS

    as
    1. André Palma & Nathalie Picard & Laetitia Andrieu, 2012. "Risk in Transport Investments," Networks and Spatial Economics, Springer, vol. 12(2), pages 187-204, June.
    2. Jean-Jacques Laffont & Jean Tirole, 1993. "A Theory of Incentives in Procurement and Regulation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121743, April.
    3. Knight, Brian, 2004. "Parochial interests and the centralized provision of local public goods: evidence from congressional voting on transportation projects," Journal of Public Economics, Elsevier, vol. 88(3-4), pages 845-866, March.
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