Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
A critical evaluation of road pricing in South Africa Duncan Lishman.
Includes abstract.
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
School of Economics
2014
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613165762641921 |
|---|---|
| access_status_str | Open Access |
| author | Lishman, Duncan |
| author2 | Leiman, Anthony |
| author_browse | Leiman, Anthony Lishman, Duncan |
| author_facet | Leiman, Anthony Lishman, Duncan |
| author_sort | Lishman, Duncan |
| collection | Thesis |
| description | Includes abstract. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/5749 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:31:48.735Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | School of Economics |
| publisherStr | School of Economics |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/5749 A critical evaluation of road pricing in South Africa Duncan Lishman. Lishman, Duncan Leiman, Anthony Applied Economics Includes abstract. Includes bibliographical references. In an attempt to provide much-needed finance for road investments, the government’s national road agency has introduced numerous toll roads over the last three decades. It is currently in the process of introducing open road tolling on a network of Gauteng’s highways. Economic theory provides a rich understanding for pricing road use, particularly with regard to the pricing of externalities. By quantifying these externalities for the South African case, this paper reveals evidence of gross mispricing for road use. Specifically, the magnitude of road freight trucks’ external costs indicates that there is an absolute underpricing of road use for these vehicles. On the grounds of the externalities considered in this paper, passenger cars should, in fact, face a toll negligible in comparison to heavy vehicles. That they do not points to massive cross-subsidisation and that the relative price between light and heavy vehicles should be revisited. Appropriate pricing will improve economic efficiency by reducing cross-subsidisation. It will also rationalise the choice of freight modalities in South Africa, with the likely effect that a greater volume of goods will be carried by rail. Despite the welfare gains that the policy offers, one must be cognisant of the distortions that optimal road pricing may have. 2014-07-31T12:25:43Z 2014-07-31T12:25:43Z 2013 Master Thesis Masters MCom http://hdl.handle.net/11427/5749 eng application/pdf School of Economics Faculty of Commerce University of Cape Town |
| spellingShingle | Applied Economics Lishman, Duncan A critical evaluation of road pricing in South Africa Duncan Lishman. |
| thesis_degree_str | Master's |
| title | A critical evaluation of road pricing in South Africa Duncan Lishman. |
| title_full | A critical evaluation of road pricing in South Africa Duncan Lishman. |
| title_fullStr | A critical evaluation of road pricing in South Africa Duncan Lishman. |
| title_full_unstemmed | A critical evaluation of road pricing in South Africa Duncan Lishman. |
| title_short | A critical evaluation of road pricing in South Africa Duncan Lishman. |
| title_sort | critical evaluation of road pricing in south africa duncan lishman |
| topic | Applied Economics |
| url | http://hdl.handle.net/11427/5749 |
| work_keys_str_mv | AT lishmanduncan acriticalevaluationofroadpricinginsouthafricaduncanlishman AT lishmanduncan criticalevaluationofroadpricinginsouthafricaduncanlishman |