...

We investigate the effects of public capital investment on the demand for travel. We define capital stock as a productive flow that accounts for the physical deterioration of infrastructure over time. We present a framework where additions to capital stock only cover a portion of the long-run...

Safety on America's highways has long been an important state policy issue, but since the 1960s Congress has used incentive grants, crossover sanctions that threaten to withhold federal highway funds, and diversionary sanctions that force states to use highway funds for safety purposes as a...

This article examines the political economy of U.S. federal highway demonstration grant allocations. Demonstration grants are a rapidly growing segment of federal highway grants directly earmarked for a congressional district by Congress, unlike the majority of highway grants where Congress...

For a tolled highway where consecutive sections allow vehicles enter and exit unrestrictedly, we propose a simple toll pricing method. We show that the method is the unique method that satisfies the properties of Transit-proofness (No Merging or Splitting) and Cost Recovery. The...

When transportation programs are assisted with federal funding, there are typically domestic preference conditions, or "Buy America" requirements, associated with the use of federal funds. For more than forty years, highway construction funds administered by the Federal Highway Administration...

Despite the fact that Nigeria is the giant of Africa and has a lot of rich human and natural resources, many of its roads or highways are in terrible conditions, and they have become death traps and nightmares for the citizens. Hence, the main objective of this study is to assess or determine...

This article suggests ways to build toll free national highways in quick time. The expansion of the road network in the future needs huge amount of investment which has to be collected from the users. I suggest that the users are divided into two categories the rich pay and the poor do not. The...