Showing 1 - 10 of 4,072
The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal … congestion cost at the efficientlevel of traffic. The second-best network counterpart is derived, but would beinfeasible to …
Persistent link: https://www.econbiz.de/10011400380
specific case in which an existing highway in an urban area was moved underground in order to improve intercity traffic flows … and to reduce traffic externalities. As travel times within the city hardly changed, this allows for a clean … identification of the value of traffic externalities. We find that the liveability benefits of such integrated infrastructure are …
Persistent link: https://www.econbiz.de/10011863525
median preference individual is the decisive voter in a tax regime, while an individual with preferences above the median …
Persistent link: https://www.econbiz.de/10011399681
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10009792215
This paper studies the political economy of cordon tolls, the most common form of road pricing in cities. We consider a monocentric city inhabited by renters and resident-landowners. A cordon toll raises the rental price of land within the cordon, and it reduces rents outside this area. Hence,...
Persistent link: https://www.econbiz.de/10011350197
excludable public inputs into a simple endogenous growth model. We derive the equilibrium growth rate and design the optimal tax … the consequences this has in turn for the government’s budget. The latter consists of fee and tax revenues that are used …
Persistent link: https://www.econbiz.de/10002746082
This paper studies the aggregate and distributional implications of introducing user fees for publicly provided excludable public goods into a model with consumption and income taxes. The setup is a neoclassical growth model where agents differ in earnings and second-best policy is chosen by a...
Persistent link: https://www.econbiz.de/10009571131
This paper studies the evasion of TV license fees in Austria. We exploit border differentials to identify the effect of fees on evasion. Comparing municipalities at the low- and high-fee side of state borders reveals that higher fees trigger significantly more evasion. The central estimate from...
Persistent link: https://www.econbiz.de/10010477085
Persistent link: https://www.econbiz.de/10003498806
We analyse a card payment system to assess the economic impact of the interchange fee. This fee is paid by the bank of the merchant, the acquirer, to the bank of the consumer, the issuer. We build up a mode in order to explore whether the interchange fee can enhance the participation to the...
Persistent link: https://www.econbiz.de/10011538993