DOES ELECTRONIC TOLL COLLECTION TECHNOLOGY MATTER TO ECONOMIC AND FINANCIAL VIABILITY OF ROADS?

Tomaz Kramberger () and Andreja Curin ()
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Tomaz Kramberger: University of Maribor, Faculty of Logistics, Mariborska cesta 7, 3000 Celje, Slovenia
Andreja Curin: University of Maribor, Slomskovtrg 15, 2000 Maribor, Slovenia

The Singapore Economic Review (SER), 2011, vol. 56, issue 04, 561-572

Abstract: The provision and management of transport infrastructure is extremely important for economic development and economic competitiveness as facilitators of trade. However, it is becoming increasingly difficult for governments to publicly fund transport infrastructures given the current economic uncertainty. Revenues from road tolls are thus an important financial source for road investment and management. Financial sustainability in an era of scarce financial resources requires authorities or concessions (under some form of Public–Private Partnership) to adopt some form of maximization of potential toll revenues as well as to benefit the national economy. The role of technology is often overlooked as it can affect financial and economic viability of road infrastructure investment. This paper explores the role and impact of technology such as GNSS and DSRC on cost-benefit outcomes. The results suggest that DSRC technology has the edge in efficient technology in toll collection.

Keywords: Tolling technology; cost-benefit ratio; highway financial sustainability; D61; R41 (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1142/S0217590811004468

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