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Secretary of Transportation Pete Buttigieg’s proposal to make the United States a “world leader” in high‐​speed rail would add more than $4 trillion to the federal debt for construction of new rail lines plus tens of billions of dollars of annual deficit spending to subsidize operating...
Persistent link: https://www.econbiz.de/10013232626
The duality between cost and production function can be a key point to explore regulation process in Agent-Principal model because the Principal observes outputs in inputs and has asymmetric information about the cost by the Agent. This paper investigates the properties of production functions...
Persistent link: https://www.econbiz.de/10013235553
This study presents the results of an ex-ante assessment of the accessibility and equity impacts of a subway expansion in Fortaleza (Brazil). We analyze how the number of jobs, health facilities, and schools accessible by public transportation is expected to change with the implementation of a...
Persistent link: https://www.econbiz.de/10013256690
To reduce the United States’ greenhouse gas emissions by at least 80% from 1990 levels by 2050 will require multiple legal pathways for changing its transportation fuel sources. The Deep Decarbonization Pathways Project (DDPP) authors characterize the transformation required of the...
Persistent link: https://www.econbiz.de/10013213306
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From a government perspective, shared-use or open-access infrastructure arrangements can provide significant prospects for sustainable development. The shared use of infrastructure built by mining companies can spur and support additional mining projects and other economic activities and...
Persistent link: https://www.econbiz.de/10013244863
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Switzerland committed to achieving net-zero emissions in 2050. This goal is particularly ambitious for the Swiss passenger transport system, which emits more than one third of Swiss CO2 emissions, and is not yet on a clear emission reduction path. We investigate the economic impact and the...
Persistent link: https://www.econbiz.de/10012544216
Although freight transport contributes significantly to the productivity of the U.S. economy, it also involves sizable costs to society. Those costs include wear and tear on roads and bridges; delays caused by traffic congestion; injuries, fatalities, and property damage from accidents; and...
Persistent link: https://www.econbiz.de/10011272495