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Ownership and Use Taxes as Congestion Correcting Instruments

Chia, Ngee-Choon - 2001

In countries, such as Singapore, that have implemented vehicle congestion policies, recent years have seen a shift towards motor vehicle taxes based on car use. Ownership taxes reduce the number of cars on the road, leaving the price per trip largely unaffected. Use taxes such as fuel taxes and...

Persistent link: https://www.econbiz.de/10012470446

Peak-Hour Road Congestion Pricing : Experimental Evidence and Equilibrium Implications

Kreindler, Gabriel E. - National Bureau of Economic Research - 2023

Developing country megacities suffer from severe road traffic congestion, yet the level of congestion is not a direct measure of equilibrium inefficiency. I study the peak-hour traffic congestion equilibrium in Bangalore. To measure travel preferences, I use a model of departure time choice to...

Persistent link: https://www.econbiz.de/10013537795

How Should We Measure Infrastructure? The Case of Highways and Streets

Kornfeld, Robert; Fraumeni, Barbara M. - National Bureau of Economic Research - 2022

The recent debates on infrastructure spending have led to renewed interest in the measurement of infrastructure and its effects on growth and well-being. This paper updates estimates of one important type of infrastructure capital--highways and streets. We compare BEA's capital measures with...

Persistent link: https://www.econbiz.de/10013210073

Network Effects, Congestion Externalities, and Air Traffic Delays : Or Why All Delays Are Not Evil

Mayer, Christopher - 2002

We examine two factors that might explain the extent of air traffic delays in the United States: network benefits due to hubbing and congestion externalities. Airline hubs enable passengers to cross-connect to many destinations, thus creating network benefits that increase in the number of...

Persistent link: https://www.econbiz.de/10012470014

The Fundamental Law of Road Congestion : Evidence from US cities

Duranton, Gilles - 2009

We investigate the relationship between interstate highways and highway vehicle kilometers traveled (VKT) in US cities. We find that VKT increases proportionately to highways and identify three important sources for this extra VKT: an increase in driving by current residents; an increase in...

Persistent link: https://www.econbiz.de/10012463274

Superstitions, Street Traffic, and Subjective Well-Being

Anderson, Michael L. - 2015

Congestion plays a central role in urban and transportation economics. Existing estimates of congestion costs rely on stated or revealed preferences studies. We explore a complementary measure of congestion costs based on self-reported happiness. Exploiting quasi-random variation in daily...

Persistent link: https://www.econbiz.de/10012457118

Traffic Congestion and Infant Health : Evidence from E-ZPass

Currie, Janet - 2009

We exploit the introduction of electronic toll collection, (E-ZPass), which greatly reduced both traffic congestion and vehicle emissions near highway toll plazas. We show that the introduction of E-ZPass reduced prematurity and low birth weight among mothers within 2km of a toll plaza by 10.8%...

Persistent link: https://www.econbiz.de/10012463236

The Perverse Impact of Calling for Energy Conservation

Holladay, J. Scott - 2014

In periods of high energy demand, utilities frequently issue "emergency" appeals for conservation over peak hours to reduce brownout risk. We estimate the impact of such appeals using high-frequency data on actual and forecasted electricity generation, pollutant emission measures, and real-time...

Persistent link: https://www.econbiz.de/10012457960

Procurement Contracting with Time Incentives : Theory and Evidence

Bajari, Patrick - 2009

In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading example is highway construction, where slow completion times inflict a negative externality on commuters. Recently, highway departments have introduced innovative contracting methods...

Persistent link: https://www.econbiz.de/10012463793

Highway Franchising and Real Estate Values

Engel, Eduardo - 2002

with lower tolls. We study the welfare implications of highway franchises that benefit large developers, focusing on the … by developers in the auction affects equilibrium tolls and welfare. We find that large developers bid more aggressively … in the auction leads to lower tolls and higher welfare. Moreover, collusion among developers is socially desirable. We …

Persistent link: https://www.econbiz.de/10012469912

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