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VOLUNTARY ROADS AND STREETS
Author(s) -
Watt Peter A.
Publication year - 2003
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/1468-0270.00408
Subject(s) - turnover , business , transport engineering , economics , engineering , management
This article examines the question of whether roads and streets could be financed by voluntary charges rather than by compulsory taxation as they are now. The question of private arrangements for long‐distance roads is examined first, then local streets. Both questions are complicated, but there is more evidence available to look at the first question than the second. It is concluded that a move to greater use of private mechanisms for providing roads and streets would have considerable advantages and expansion of this mode of provision should be encouraged.