Highway Finance in the United States: An Empirical Model
Knoll, Joanna G.
MetadataShow full item record
This thesis seeks to construct an empirical model of highway finance in the United States, and in particular, to examine the relationship between highway-user revenues and highway spending. It provides a general overview of the current highway system, including the federal-aid highway program, and the flow of highway funds between different levels of government. It also examines issues relating to highway-user revenues. A review of the literature failed to provide any "standard" model of highway spending and no previous studies of spending across all levels of government. Using data from the 50 states and the District of Columbia over the three-year period 1998-2000, regressions were run on the dollars spent on highways in each state from all levels of government. The independent variables included highway-user revenues (as defined by the Federal Highway Administration) in each state from all levels of government, lane-miles, daily vehicle-miles of traffic, land area, percent of land area classified as urban, population, gross state product, annual average wage, percent of traffic consisting of trucks, and average winter temperature. OLS estimates using the classical linear regression model were found to be unreliable, and attempts at using a growth rate model provided poor overall fit. Opportunities for future research are identified, as this is an important issue that should be of interest in public policy decision-making.
- Masters Theses 
Showing items related by title, author, creator and subject.
A Study on Road Users' Overall Perceptions of Highway Maintenance Service Quality and the Variables that Define the Highway Maintenance Service Quality Domain Burde, Adrian (Virginia Tech, 2008-10-20)The concept of involving the public in the development of transportation solutions was built in the Federal-Aid Highway Act of 1956, the legislation that authorized the construction of the Interstate Highway System. Better ...
In the Highways and the Hedges: Library Support for OER Adoption Efforts at Higher Education Institutions Across Virginia Walz, Anita R.; Cassidy, Tara; Reinauer, Olivia (2015-11-06)This presentation, given at the Charleston Library Conference, highlighed examples of innovative library approaches to supporting and leading Open Educational Resources (OER) adoption efforts at institutions of higher ...
Segmentation and Recognition of Highway Assets using Image-based 3D Point Clouds and Semantic Texton Forests Golparvar-Fard, Mani; Balali, Vahid; de la Garza, Jesus M. (2013-02-18)Efficient data collection of high-quantity and low-cost highway assets such as road signs, traffic signals, light poles, and guardrails is a critical element to the operation, maintenance, and preservation of transportation ...