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Financing roads and railways with decentralized real estate taxes: The case of Sweden
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management.
2012 (English)In: The annals of regional science, ISSN 0570-1864, E-ISSN 1432-0592, Vol. 48, no 3, 839-853 p.Article in journal (Refereed) Published
Abstract [en]

Roads and railways in Sweden are mainly financed with national government taxes. However, the regional distribution of benefits differs widely from that of tax payments. As a consequence, overspending is likely to occur. A condition for efficiency is that the collective of users should pay for such projects. Therefore, we propose a new regional order for financing projects: government expenditures for transportation projects should be transferred to regions as well as the real estate tax to finance them. We present estimates of the size of such expenditures and of the income from real estate taxes following decentralization to regions.

Place, publisher, year, edition, pages
2012. Vol. 48, no 3, 839-853 p.
Keyword [en]
decentralization, financial provision, public spending, railway transport, road transport, tax system, transportation infrastructure
National Category
Economics
Identifiers
URN: urn:nbn:se:kth:diva-96044DOI: 10.1007/s00168-009-0348-xISI: 000305807600011Scopus ID: 2-s2.0-84861011329OAI: oai:DiVA.org:kth-96044DiVA: diva2:529388
Note
QC 20120530Available from: 2012-05-30 Created: 2012-05-30 Last updated: 2017-12-07Bibliographically approved

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