|Table of Contents|

Economic explanation on “two systems of highway networks” for transportation infrastructure construction —based on the purity theory of public goods(PDF)

《长安大学学报(社科版)》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2012年01期
Page:
29-35
Research Field:
交通运输
Publishing date:

Info

Title:
Economic explanation on “two systems of highway networks” for transportation infrastructure construction —based on the purity theory of public goods
Author(s):
MA Jian1 SHANG Juan2
1. School of Economics and Management, Chang'an University, Xi'an 710064, Shaanxi, China; 2. Department of Economics and Management, North China Institute of Aerospace Engineering, Langfang 065000, Hebei, China
Keywords:
quasi-public goods the purity of highway as a product supplying model two systems of highway networks
PACS:
F540.34
DOI:
-
Abstract:
The policy of “two systems of highway networks” is the significant step for the transportation infrastructure supply with efficiency and fairness. The concept of purity of highway as a product is brought forward according to its basic characteristics. The public goods characteristics of highway as a product are studied in the framework of quasi-public goods theory, and the choices of highway supply patterns are given. The conclusion shows that the purity theory for highway as a product is the economic foundation for the policy of “two systems of highway networks”. Both of expressways and ordinary highways are public goods, but the purity characteristics of them are different. Therefore, the high-parity product(like ordinary highways)can be supplied by the government while the low-purity product(like expressways)can be supplied by market financing.

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Memo

Memo:
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Last Update: 2012-03-20