Private Road to Sustainable Mobility?
Name
Zegras_Private road.pdf
Size
519.74 KB
Format
Adobe PDF
Checksum (MD5)
ac660cc699f83d2db16496b6e181cecc
Author(s)
Grillo, Christopher
Zegras, P. Christopher
Date Issued
December 2014
Journal
Transportation Research Record: Journal of the Transportation Research Board
Publisher
Transportation Research Board of the National Academies
Citation
Zegras, P., and Christopher Grillo. “Private Road to Sustainable Mobility?” Transportation Research Record: Journal of the Transportation Research Board 2450 (December 2014): 17–25.
Version
Original manuscript
Abstract
This paper examined possibilities for harmonizing the objectives of two metropolitan transportation infrastructure policy trends: sustainability and privatization. The paper linked these trends through the theory of fiscal federalism, hypothesizing that metropolitan highway public-private partnerships (PPPs) can reinforce sustainability if supported by a fiscal federalist institutional environment. Case studies from seven countries revealed a primary challenge for metropolitan highway PPPs: balancing objectives for market efficiency at the project level with sustainability concerns at the metropolitan level, especially network spillovers and social equity. Ultimately, the analytical approach inhibited discerning whether fiscal federalism was the cause or result of a "good" project. A project's physical form apparently mattered in reconciling market and sustainability objectives.
MIT Department
Massachusetts Institute of Technology. Department of Urban Studies and Planning
Terms of Use
Creative Commons Attribution-Noncommercial-Share Alike
Persistent DSpace Link
DOI of Published Version
https://doi.org/10.3141/2450-03
