Financing Road Infrastructure by Savings in Congestion Costs : A CGE Analysis

@inproceedings{Conrad2000FinancingRI,
  title={Financing Road Infrastructure by Savings in Congestion Costs : A CGE Analysis},
  author={Klaus Conrad and Stefan Heng},
  year={2000}
}
Division of labor, outsourcing in manufacturing and just-in-time production require the provision of a good and sufficient road infrastructure system. The society is used to mobility, preference for it even increases, and the full benefit of competition can only be realized if special distances can be overcome at low cost of transportation. Since the 1970’s, however, the negative aspects of an intensive extension of road infrastructure has dominated the political decision process. The objective… CONTINUE READING