منابع مشابه
Road Pricing
This paper considers the second-best policy problem that arises when auto travel is priced below its marginal cost and there is a substitute mass transit mode. Using analytical methods, a global comparison is made between the second-best levels of transit service and the fare and their first-best levels. The fact that the results are global permits an application to road pricing not possible wi...
متن کاملRevenue Recycling and the Welfare Effects of Road Pricing
This paper explores the interactions between taxes on work-related traffic congestion and pre-existing distortionary taxes in the labor market. A congestion tax raises the overall costs of commuting to work and discourages labor force participation at the margin, when revenues are returned in lump-sum transfers. We find that the resulting efficiency loss in the labor market can be larger than t...
متن کاملThe Location Effects of Alternative Road-Pricing Policies
Since the early 1970s, urban economists have recognized the importance of a general equilibrium model of the urban economy. Initially, however, they developed such models only for monocentric cities in which all jobs were assumed to stay in a central business district (CBD). Thus, although the analytical solution of the monocentric city model yielded many theoretical insights, it remained empir...
متن کاملA Political Economy Model of Road Pricing: Why Road Pricing is Not Implemented
In this paper, we take a political economy approach to study the introduction of road tolls, using a simple majority voting model. Charging users for external congestion costs may seem an obvious reform to an economist, but successful introduction of road pricing is quite uncommon. Moreover, in cases were congestion pricing has been implemented (e.g., London and Stockholm), its introduction was...
متن کاملUrban Vehicle Congestion Pricing: A Review
Drivers in urban neighborhoods who cruise streets, seeking inexpensive on-street parking create a significant fraction of measured traffic congestion. The solution to this problem is to reduce the total traffic volume including cruising traffic by implementing a congestion pricing scheme: the imposition of a usage fee on a limited-capacity resource during times of high demand. We review the his...
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ژورنال
عنوان ژورنال: Transport Reviews
سال: 2010
ISSN: 0144-1647,1464-5327
DOI: 10.1080/01441640903189304