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Mohring and Harwitz (1962) showed that, under certain conditions, an optimally designed and priced road would generate user toll revenues just sufficient to cover its capital costs. Several scholars subsequently explored the robustness of that finding. This paper briefly summarizes further...
Persistent link: https://www.econbiz.de/10010325229
The paper assesses the economic impact of a toll imposed on heavy-goods vehicles proportional to distance driven. The macroeconomic impact of the toll is estimated by using the disaggregated econometric model MULTIMAC of the Austrian economy. The assumption is that all toll revenues will be...
Persistent link: https://www.econbiz.de/10011435112
Private toll roads are now seriously considered as an alternative to public (free-access) road infrastructure. Nevertheless, complete private provision without governmental control is only rarely considered. A main consideration against private roads would be that operators would be primarily...
Persistent link: https://www.econbiz.de/10010325277
This paper develops a continuous-time -continuous-place economic model of road trafficcongestion with a bottleneck, based on car-following theory. The model integrates twoarchetype congestion technologies used in the economics literature: 'static flow congestion',originating in the works of...
Persistent link: https://www.econbiz.de/10010324868
In Switzerland, the annual circulation taxes on road vehicles are set by and paid to the cantons (not to the federal government). We exploit the 26 different circulation tax rules and their variation over time, which we interpret as a natural experiment, to see if linking them to a vehicle’s...
Persistent link: https://www.econbiz.de/10011753309
We study the impact of fuel taxes and kilometer taxes on households' choices of vehicle quality, on their demand for kilometers driven, and on fuel consumption. Moreover, embedding this information in a model of the car market, we analyze the implications of these taxes for the opportunity costs...
Persistent link: https://www.econbiz.de/10010326170
In addition to efficiency standards and consumer information, car-related taxes constitute one of three pillars of the European Commission¿s strategy to reduce CO2 emissions from passenger cars. A longstanding question concerns the effectiveness of such taxes in determining the car-purchasing...
Persistent link: https://www.econbiz.de/10010264755
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