The presence of distortive taxation and agglomeration benefits in the labour market means that there are benefits and losses not captured by standard cost-benefit analyses of transport policy measures. Recent theoretical analyses have raised concerns that the labour market effects of congestion...

Many cities have seen public support for congestion charges increase substantially after charges have been introduced. Several alternative explanations of this phenomenon have been suggested, but so far little evidence has been available to assess the relative importance of these explanations....

The economic principle of road pricing is that a road toll should equal the marginal cost imposed by an additional user, since this will lead to efficient use of the transport facility. However, when the road is used by traffic both from the road providing region as well as by traffic from...

Congestion pricing was introduced in Stockholm 2006, first as a trial followed by a referendum, and permanently from 2007. Public attitudes to the charges became more negative during the period from the decision to the start of the system. Once the system started, public attitudes became...

In many economies, motor fuel taxes have long been the main instruments for generating tax revenues from the transport sector. Nowadays they are also rationalized on the grounds of reducing congestion, carbon emissions, local air pollution, energy dependency, and sometimes accident costs....

We estimate the value of time savings, different cycling environments and additional benefits in cost-benefit analysis of cycling investments. Cyclists’ value of travel time savings turns out to be high, considerably higher than the value of time savings on alternative modes. Cyclists also...

Congestion charges were introduced in Stockholm in 2006 as a seven-month trial, followed by a referendum where a majority voted in favour of the charges. This led to the reintroduction of congestion charges in August 2007, and they have been operational since then. The system has attracted...

Congestion charges were introduced in Stockholm in 2006, first as a trial followed by a referendum, then permanently from 2007. This paper discusses what conclusions can be drawn from the first five years of operation, until mid-2011. We show that the traffic reduction caused by the charges has...

During the last decade six central European countries (Germany, Austria, Czech Republic, Slovakia, Poland and Switzerland) have introduced distance-based network tolls for heavy trucks. In Sweden, Denmark and the Benelux states the time-based Eurovignette is applied since the 1990-ies. All...

Cost-benefit analysis (CBA) is often used when many transport investments need to be ranked against each other, for example in national investment planning. However, results are often questioned on claims that the ranking depends crucially on uncertain assumptions about the future, and on...