The sharp reduction in travel caused by the COVID-19 pandemic quickly created a financial emergency in the transportation sector, as fees paid by travelers provide much of the revenue for transportation. This chapter reports on research that began late in the summer of 2020, a time when there was widespread recognition among transportation experts that falling travel was decreasing fuel tax revenue, but great uncertainty about how much transportation revenue would be lost in both the short and longer term. The project developed six scenarios projecting California’s state-generated transportation revenue through 2040. The scenarios vary by factors such as the length of the economic fallout from the pandemic and changes in the number of electric vehicles in the light-duty fleet. Although the specific findings presented in this chapter come from California, the results illustrate different ways that scenario analysis helps policymakers make decisions in the face of immense uncertainty.


    Zugriff

    Zugriff prüfen

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    COVID-19 and Transportation Revenue: Using Scenario Analysis to Project a Range of Plausible Futures


    Weitere Titelangaben:

    Springer Tracts on Transportation, Traffic


    Beteiligte:
    Loukaitou-Sideris, Anastasia (Herausgeber:in) / Bayen, Alexandre M. (Herausgeber:in) / Circella, Giovanni (Herausgeber:in) / Jayakrishnan, R. (Herausgeber:in) / Weinstein Agrawal, Asha (Autor:in) / King, Hannah (Autor:in) / Wachs, Martin (Autor:in)


    Erscheinungsdatum :

    2022-07-23


    Format / Umfang :

    14 pages





    Medientyp :

    Aufsatz/Kapitel (Buch)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch





    Automated vehicle guidance concepts:an investigation of plausible futures

    Marchau,V.A. / van der Heijden,R.E. / Delft Univ.of Technology,NL | Kraftfahrwesen | 1996


    Automated Vehicle Guidance Concepts: An Investigation of Plausible Futures

    Marchau, V. A. W. J. / Van der Heijden, R. E. C. M. | British Library Conference Proceedings | 1996


    Examining transport futures with scenario analysis and MCA

    Hickman, Robin / Saxena, Sharad / Banister, David et al. | Elsevier | 2011


    Using Real Options for Revenue Risk Mitigation in Transportation Project Financing

    Chiara, Nicola / Garvin, Michael J. | Transportation Research Record | 2007