Research Article
Jan 1980
Virginia Vehicle-Related Revenue Forecasts
Authors: Antoine G. Hobeika, M.ASCE, Harvey Goldstein, Apisak Boonpuan, and Frank TamberrinoAuthor Affiliations
Publication: Transportation Engineering Journal of ASCE
Volume 106, Issue 1
Abstract
An econometric model is developed to forecast the impacts of alternative future scenarios on the Virginia Division of Motor Vehicle revenue potentials. The model consists of 12 basic components, the major components being population and economy. The tested scenarios relate to possible social, political, economic and demographic future conditions, such as, high price of gasoline, President Carter's energy proposal, persons per household, shifts in population density, the impact of Virginia's participation in the International Truck Registration Plan (IRP), etc. The results, in general, show that gasoline tax and sales and use tax revenues will decline under adverse economic conditions, while registration fee revenues will remain fairly stable under most scenarios.
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Published In
Transportation Engineering Journal of ASCE
Volume 106 • Issue 1 • January 1980
Pages: 43 - 57
Copyright
© 1980 American Society of Civil Engineers.
History
Published in print: Jan 1980
Published online: Feb 5, 2021
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Authors
Affiliations
Antoine G. Hobeika, M.ASCE
Assoc. Prof., Dept. of Civ. Engrg., Virginia Polytechnic Inst. and State Univ., Blacksburg, Va.
Harvey Goldstein
Asst. Prof., Div. of Urban Planning, Columbia Univ., New York, N.Y., formerly, Asst. Prof., Dept. of Engrg. and Urban Systems, Virginia Polytechnic Inst. and State Univ., Blacksburg, Va.
Apisak Boonpuan
Research Asst., Civ. Engrg., Virginia Polytechnic Inst. and State Univ., Blacksburg, Va.
Frank Tamberrino
Research Asst., Environmental and Urban Systems, Virginia Polytechnic Inst. and State Univ., Blacksburg, Va.
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ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
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