Showing 1 - 10 of 11
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
Political acceptability is the primary obstacle to implementation of road pricing in many cities. This paper studies the political economy of urban road pricing in its most common incarnation: cordon tolling. We relate voters' preferences for the road toll to its impact on the city's land...
Persistent link: https://www.econbiz.de/10011479074
Persistent link: https://www.econbiz.de/10011413299
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
Persistent link: https://www.econbiz.de/10012040788
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/10011388228
Political acceptability is the primary obstacle to implementation of road pricing in many cities. This paper studies the political economy of urban road pricing in its most common incarnation: cordon tolling. We relate voters? preferences for the road toll to its impact on the city?s land...
Persistent link: https://www.econbiz.de/10011400555
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/10010531768
This paper studies the political economy of cordon tolls in a monocentric city consisting of three zones: center, mid-city and suburbs. The cordon toll may give rise to several interrelated conflicts: between residents within and outside the cordon, between car and public transport users,...
Persistent link: https://www.econbiz.de/10012970615
We develop a spatial equilibrium model to study the political economy of pricing downtown parking space when special interest groups (retailers, local residents) lobby the city government. Parking fees penalize downtown retailers, but benefit suburban stores that provide free parking. We show...
Persistent link: https://www.econbiz.de/10013023857