Expert Group 6: Revenues

Aims and Objectives

The overall aim of Expert Group 6 is to bring together researchers, policy makers and stakeholders in a series of four 1 day seminars, in order to synthesise research and practice and build consensus on the issue of revenue raising and use. Specifically, the objective of the expert group will be to address issues that come into question when considering financing and transport pricing policy:

• Firstly, how can the necessary funds be raised to meet the need to finance new infrastructure?
• Secondly, if a decision is taken to raise more money from users than would be implied by pure marginal social cost pricing, how may this most efficiently be done?
• Thirdly, if marginal social cost pricing actually raises a surplus for the mode or area in question, how may this be spent to promote efficiency, equity and acceptability? Is earmarking desirable and if so should it be administered?

The emphasis will be on inter-urban transport, although lessons from the urban sector will also be considered.

The Expert Group Leasers are Prof. Chris Nash and James Laird (ITS).

Further Information

Background
Planning
Meetings/Seminars
Provocative Propositions