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German metropolitan area. In extension to most studies focusing on only one kind of subsidy, we compare the effects of … account. The results suggest that optimal subsidy levels are either small or even zero. While subsidizing public transport is …, environmental effects and benefits of landowners. -- Urban general equilibrium model ; transport policy ; transport subsidy …
Persistent link: https://www.econbiz.de/10009228941
German metropolitan area. In extension to most studies focusing on only one kind of subsidy, we compare the effects of … account. The results suggest that optimal subsidy levels are either small or even zero. While subsidizing public transport is …
Persistent link: https://www.econbiz.de/10013068562
We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...
Persistent link: https://www.econbiz.de/10011386470
We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...
Persistent link: https://www.econbiz.de/10013114739
The paper studies the effect of public transport policies on urban pollution. It uses a quantitative equilibrium model with residential choice and mode choice. Pollution comes from commuting and residential energy use. The model parameters are calibrated to replicate key variables for American...
Persistent link: https://www.econbiz.de/10011717025
In this paper, we take a political economy approach to study the introduction of urban congestion tolls, using a simple majority voting model. Making users pay for external congestion costs is for an economist an obvious reform, but successful introductions of externality pricing in transport...
Persistent link: https://www.econbiz.de/10013141494
We estimate the marginal external congestion cost of motor-vehicle travel for Rome, Italy, using a methodology that accounts for hypercongestion (a situation where congestion decreases a road's throughput). We show that the external cost - even when roads are not hypercongested - is substantial,...
Persistent link: https://www.econbiz.de/10012029052
A well-known principle of welfare economics states that an efficient resources allocation can be achieved in a competitive economy when market prices are in line with social marginal costs. When applied to the transport sector, this implies that the price of the various transport modes should be...
Persistent link: https://www.econbiz.de/10014207117
Persistent link: https://www.econbiz.de/10001507772
Persistent link: https://www.econbiz.de/10001476550