Abstract Transportation policy in America distinguishes between capital expenditures and recurrent operating and maintenance costs. Federal policy and resources encourage capital-intensive projects, but traditionally have left to state and local governments the responsibility for maintaining and operating the facilities built with federal support. This has led to consistent underestimation of operating costs in the decision process leading to capital expenditures, and to overcapitalization of transportation networks. Today, faced with recurrent costs which strain local resources, there is pressure to broaden federal participation in operations and maintenance, and legislation is beginning to weaken the traditional distinctions between capital and recurrent expenditures.
Capital grants and recurrent subsidies: A dilemma in American transportation policy
Transportation ; 8 , 1 ; 3-19
1979
Article (Journal)
English
Transportation subsidies—Nature and extent
Elsevier | 1977
Engineering Index Backfile | 1932
|Engineering Index Backfile | 1932
|Transportation Costs and American Dilemma: Race, Ethnicity, and Costs of Travel
British Library Conference Proceedings | 2005
|Subsidies with relation to American shipping
Engineering Index Backfile | 1904