URBAN ROAD INFRASTRUCTURE: AN ECONOMIC ANALYSIS

Bogdan Glavan

Romanian Economic Business Review, 2008, vol. 3, issue 1, 48-56

Abstract: The importance of road infrastructure for an economy cannot be overstated. It cannot be denied that romanian road infrastructure is in crisis, despite many solutions that have been advanced to cure this problem. This analysis shows that private investments in human capital are possible and profitable on a free market. State intervention in providing public roads is responsible for the systematic misallocation of resources and the plethora of problems that affect our road infrastructure.

Keywords: Road infrastructure; free market; property rights; public goods; electronic road pricing (search for similar items in EconPapers)
Date: 2008
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