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In the urban planning literature, it is frequently explicitly asserted or strongly implied that ongoing urban sprawl and decentralization can lead to development patterns that are unsustainable in the long run. One manifestation of such an outcome is that if extensive road investments occur,...
Persistent link: https://www.econbiz.de/10011394311
Using a nested multinomial logit model of car ownership and personal travel in Beijing circa 2005, this paper compares the effectiveness of different policy instruments to reduce traffic congestion and CO2 emissions. The study shows that a congestion toll is more efficient than a fuel tax in...
Persistent link: https://www.econbiz.de/10011394362
This study examines impacts on net social benefits or economic welfare of alternative policy instruments for reducing traffic congestion and atmospheric emissions in São Paulo, Brazil. The study shows that expanding road networks, subsidizing public transit, and improving automobile fuel...
Persistent link: https://www.econbiz.de/10011394393
Beirut, the capital city of Lebanon, faces huge traffic congestion, the cost of which is estimated to be more than 2 percent of the city's gross regional product. Effective policies are needed, based on weighing their overall economic cost and benefit to society. This study developed an...
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An interview with Chicago's current mayor, Richard M. Daley: 'New York is too big this way,' the mayor says, raising a thick hand over his head. Stretching both arms out at his sides, he adds, 'Los Angeles is too big this way. All the other cities are too small. We're just right.' (Bailey and...
Persistent link: https://www.econbiz.de/10010677180