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Throughout the United States, state highway revenue, which is dominated by receipts from fuel taxes, has failed to keep up with expected investments required for infrastructure preservation and improvement. The reasons for this trend include the increasing fuel efficiency of vehicles, slowing of...
Persistent link: https://www.econbiz.de/10009430638
With ever increasing traffic loadings, highway pavement maintenance needs continue to outpace the availability of resources, and transportation agencies seek cost-effective maintenance practices. This study investigated the impacts of maintenance treatments in the short-term and maintenance...
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A key aspect of asset management is the determination of the performance level at which a standard intervention is to be applied. A profligate policy, where an intervention is applied when the asset is in a state of higher performance, would mean frequent and premature spending of agency funds...
Persistent link: https://www.econbiz.de/10009430636
The purpose of the present study was to investigate the cost and production structure of mass transit systems using both panel and time series data. Accepting cost minimization (subject to a set of constraints that reflect demand, regulatory, and urban setting conditions) as the economic...
Persistent link: https://www.econbiz.de/10009430377
This research investigated the relationship between highways and economic development, using data for Indiana from 1980 to 1988. An extensive literature review was undertaken to assess analogous research and results, to identify methodologies that were used, and to review similar studies in...
Persistent link: https://www.econbiz.de/10009430403
A shortfall in highway funding in the U.S. is forcing highway agencies to search for viable financing options. This will likely lead to reforming fiscal policy for highway systems. A sound highway fiscal policy comprises two components: generation of adequate revenues through efficient pricing...
Persistent link: https://www.econbiz.de/10009430413
Researchers and engineers worldwide continue to ponder over the reliability of construction cost forecasts made at the early stages of project development. The accuracy of such estimates influences the selection of projects for implementation. After a project has been incorporated in the...
Persistent link: https://www.econbiz.de/10009430451