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Road pricing is not a new concept - toll roads have existed in Australia since Governor Macquarie established one from Sydney to Parramatta in 1811 - and distance-based charging schemes have been trialled and implemented with varying success overseas. But how would full market reform of roads...
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political economy of China's export-led growth using a simple numerical model. We argue that since the 1990s China's export …-related special interest groups with stagnant real wage growth, as reflected by China's heavy macro-tax burden and severe income … consumption demand. If RTB is eliminated, then the existing level of China's macro tax burden will almost certainly cause a spike …
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