Showing 1 - 10 of 1,810
Persistent link: https://www.econbiz.de/10009545032
This paper studies the efficiency impacts of private toll roads in initially untolled networks. The analysis allows for capacity and toll choice by private operators, and endogenizes entry and therewith the degree of competition, distinguishing and allowing for both parallel and serial...
Persistent link: https://www.econbiz.de/10011373827
This paper considers the welfare impacts of a range of franchising regimes for congestible highways. For a single road in isolation, it is shown that a competitive auction with the level of road use as the decision criterion produces the socially optimal road (in terms of capacity and toll...
Persistent link: https://www.econbiz.de/10011346479
Persistent link: https://www.econbiz.de/10010199838
Studies of the "stated preferences" of households generally report public and political opposition by urban commuters to congestion pricing. It is thought that this opposition inhibits or precludes tolls and pricing systems that would enhance efficiency in the use of scarce roadways. This paper...
Persistent link: https://www.econbiz.de/10011563508
Persistent link: https://www.econbiz.de/10003105282
Persistent link: https://www.econbiz.de/10003115936
political economy of China's export-led growth using a simple numerical model. We argue that since the 1990s China's export …-led growth strategy has gradually turned into a model that largely relies on 'racing-to-the-bottom' (RTB) – strategic lowering of … production standards – for achieving cost-competitiveness and income growth, a so-called 'RTB growth model'. RTB has led to …
Persistent link: https://www.econbiz.de/10013121815
A renewed interest on the use of tolls for funding motorways and regulating their demands has been recovered in the last years. However, less attention has been put to the road safety effects derived from this policy. Although toll motorways show quality levels equal or above free motorways,...
Persistent link: https://www.econbiz.de/10013124910
For a tolled highway where consecutive sections allow vehicles enter and exit unrestrictedly, we propose a simple toll pricing method. We show that the method is the unique method that satisfies the properties of Transit-proofness (No Merging or Splitting) and Cost Recovery. The...
Persistent link: https://www.econbiz.de/10013156615