We consider commuting in a congested urban area. While an efficient time-varying toll may eliminate queuing, a toll may not be politically feasible. We study the benefit of a substitute: a parking fee at the workplace. An optimal time-varying parking fee is charged at zero rate when there is...

This study explores several fundamental issues associated with the implementation of the fuel tax reform initiative in the People’s Republic of China and the improvement of the sustainability of the country’s highway programs. It identifies and explores high-level policy issues, options, and...