The Politics of Financing the Highway Boom in China: For Whom the Road Tolls Rise

Lin, K

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Authors

Lin, K

Publication Date

2018-06-21

Journal Title

Asian Survey

ISSN

0004-4687

Publisher

University of California Press

Volume

Issue

Pages

511-534

Language

eng

Type

Article

This Version

VoR

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Citation

Lin, K. (2018). The Politics of Financing the Highway Boom in China: For Whom the Road Tolls Rise. Asian Survey, 58 (3), 511-534. https://doi.org/10.1525/as.2018.58.3.511

Abstract

Fiscal federalism has provided the institutional basis for the rapid highway boom in China for three decades, creating a close linkage between subnational investment and revenue claims on tolled roads. This model of capitalization is financially unsustainable and undermines the standardization of taxation and contracting of public–private partnership projects.

Keywords

fiscal federalism, highway network, public-private partnership, toll roads, local government debt

Sponsorship

British Academy, Contemporary China Studies Programme (Oxford), Chinese Academy of Social Sciences, and National University of Singapore

Identifiers

External DOI: https://doi.org/10.1525/as.2018.58.3.511

This record's URL: https://www.repository.cam.ac.uk/handle/1810/279079

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http://www.rioxx.net/licenses/all-rights-reserved

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