Highway Costs and the Efficient Mix of State and Local Funds

Topics:
Civil and Environmental
Tags:
Enterprise Software,
Expenditure,
Government,
Software,
State Government,
Transportation,
University Of Minnesota,
Vertical Industries
Source:
University of Minnesota

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Overview: Transportation networks and governments are both hierarchically organized. In some states, state government finances most of the highways, while in other states similar roads are financed locally. Larger governments attain scale economies. However they also tend to be more bureaucratic and have higher operating costs, all else equal, due to problems such as span of control. This study relates highway expenditures with share of expenditure by state government to determine how governments should share expenditure on all roads in a state.

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Format: PDF | Size: 146KB | Date: Nov 2001 | Pages: 26


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