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The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal …
Persistent link: https://www.econbiz.de/10011400380
decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity …
Persistent link: https://www.econbiz.de/10009792215
This paper analyzes cordon tolling using a simple model where space is discrete rather than continuous, with commuting costs incurred only on two congested bridges. The first-best regime requires tolls on both bridges, whereas only the inner bridge is tolled under the cordon-toll regime. While...
Persistent link: https://www.econbiz.de/10010383240
accounts for hypercongestion (a situation where congestion decreases a road's throughput). We show that the external cost …
Persistent link: https://www.econbiz.de/10012029052
existing paved road network is expanded significantly? We investigate this question for the case of Turkey, which undertook a … large-scale public investment in roads during the 2000s. Using spatially disaggregated data on road upgrades and domestic …
Persistent link: https://www.econbiz.de/10012622734
We design a spatial model featuring workers embodied with heterogeneous skills. In equilibrium, locations with improved market access become relatively more attractive to the high-skilled, high-income earners. We then empirically analyze the effects of the construction of the Swiss highway...
Persistent link: https://www.econbiz.de/10011761580
We develop a positive theory of pricing car access (by parking fees or cordon tolls) to downtown commercial districts. The model accounts for the special interests of downtown retailers and competing superstores at the edge of the city, and studies how lobbying by both groups shapes the...
Persistent link: https://www.econbiz.de/10010506338
This paper studies the political economy of cordon tolls, the most common form of road pricing in cities. We consider a …
Persistent link: https://www.econbiz.de/10011350197
Persistent link: https://www.econbiz.de/10003711873
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