bridge is tolled under the cordon-toll regime. While less realistic than the continuous-space frameworks used in previous … relying on more-complex models. The paper derives the rule for the optimal cordon toll, showing that it points to a toll level … higher than first-best toll on the same bridge. In addition, the analysis shows that cordon tolling leads to a redistribution …

congestion-sensitive content; however, this creates more congestion for other existing content. By contrast, if capacity is …

, road congestion in the neighborhood (which affects the commuting costs of local residents) depends on the average amount of …

This paper develops a two-sector R&D-based growth model with congestion effects from increasing urban population … from the modern to the traditional sector and Engel’s law holds. In turn, urban congestion effects cause a productivity … allocation depends on the strength of urban congestion effects. …

and user-cost structure. Our results emphasize the role of congestion in determining this optimal financing structure and …, depending upon the degree of congestion. We extend the model to allow for monopoly pricing of the user fee by the government …

growth also goes hand in hand with formation of slums and congestion. We thus argue that there is a role for public policies. …

to agglomeration economies and a higher cost of the publicly provided good due to congestion. It is shown that …

other forms of congestion into account. …