| Title | The Highway Capital Problem |
|---|---|
| Record ID | 58930 |
| Personal Name Creator |
Cooper, Thomas W.; McKeown, Stewart N. |
| Corporate Creator | United States. Federal Highway Administration. Office of Program and Policy Planning |
| Publisher | United States. Federal Highway Administration |
| Publication Date | 19750800 |
| Language | English |
| Abstract | This paper attempts to illustrate a current dilemma with respect to highway capital investment: while current investment in highways is maintaining a relatively high dollar volume, inflation has significantly eroded its effectiveness. Thus, in terms of constant dollars, all units of government are expending a decreasing amount for improvements. This problem is intensified when the decreasing capital expenditures are accompanied by increasing rates of travel on the Nation's highways. The intent here is not to attempt to prescribe specific programs or program levels for counteracting the observed decline in real capital investments in highway transportation. Instead, the report focuses on current conditions based on actual experience and illustrates relationships with various economic and transportation indexes. /Forward/ |
| Rosap ID | dot:38289 |
| Rosap URL | https://rosap.ntl.bts.gov/view/dot/38289 |
| TRT Terms | Return on investment; Capital expenditures; Capital investments; Infrastructure |
| General Subjects | Highways; Budgets; Cost benefits; Investment |
| Geographical Coverage |
United States |
| TRIS Online Accession No |
127496 |
| Resource type | Tech Report |
| URL | https://ntlrepository.blob.core.windows.net/lib/58000/58900/58930/FHWA-X0037--THE HIGHWAY CAPITAL PROBLEM--013505.pdf |
| Format | |
| Database | NTL Digital Repository |