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Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
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JOURNAL OF APPLIED BUSINESS AND ECONOMICS

Assessments of Alternative Funding Options for Infrastructure Investment


Author(s): Sang-Hee Han

Citation: Sang-Hee Han, (2017) "Assessments of Alternative Funding Options for Infrastructure Investment," Journal of Applied Business and Economics, Vol. 19, Iss.10, pp.162-188

Article Type: Research paper

Publisher: North American Business Press

Abstract:

This paper assessed the potential impact on the U.S. economy of a hypothetical infrastructure investment
program funded by three alternative options: (1) an increase in the federal fuel excise tax rate, (2)
introduction of a nation-wide vehicle mileage tax (VMT), and (3) introduction of a nation-wide vehicle
weight tax, using the KPMG computable general equilibrium (CGE) model. To demonstrate potential
applications of a CGE model for the policy impact analysis, detailed modeling results under the federal
fuel excise tax funding option are first discussed. Then its main macroeconomic impacts are compared
with those under the other two funding options.