Showing 31 - 40 of 27,324
The purpose of this paper is to study the effects of tolling road use on a parallel road network where each link can be tolled by a different government. Using both theoretical and numerical models, the paper analyses the potential tax competition between countries that each maximise the surplus...
Persistent link: https://www.econbiz.de/10012730370
This paper studies pricing and investment decisions on a congested transport corridor where the elements of the corridor are controlled by different governments. A corridor can be an interstate highway or railway line, or an inter-modal connection. We model the simplest corridor: two transport...
Persistent link: https://www.econbiz.de/10012733130
This paper estimates the marginal accident externality of driving in Central London by exploiting variation in traffic flow induced by the London Congestion Charge Zone using an instrumental variable approach. The charge attributed to a 9.4% reduction in traffic flow, which resulted in a less...
Persistent link: https://www.econbiz.de/10012317457
People who anticipate the introduction of a policy can adapt their behavior, perhaps in ways that make the policy ineffective and exacerbate the problem to be addressed. This paper develops a political economy model to study strategic behavior related to the introduction of congestion policies,...
Persistent link: https://www.econbiz.de/10012415535
Pigovian transport pricing was implemented in a large-scale field experiment in urban areas of Switzerland. The pricing varied across time, space and mode of transport. One third of the participants were given a financial incentive to reduce their external costs of transport, whereas others were...
Persistent link: https://www.econbiz.de/10012661100
This paper discusses the main external costs related to road transport and the design of taxes to manage them. It provides an overview of evolving tax practice in the European Union and the United States and identifies opportunities for better alignment of transport taxes with external costs....
Persistent link: https://www.econbiz.de/10012135999
The theory of road pricing developed for single links suggests time and location varying charges equal to the marginal congestion cost at the efficient level of traffic. The second-best network counterpart is derived, but would be infeasible to implement. Cordon tolls are feasible, and their...
Persistent link: https://www.econbiz.de/10013320795
More stringent fuel economy standards and increased market penetration of electric vehicles (EVs) present challenges to federal policy makers who historically have relied on motor vehicle fuel excise taxes to fund highway projects. This paper considers the distributional implications of a...
Persistent link: https://www.econbiz.de/10013334348
We study how the adoption of battery electric vehicles - a key technology for decarbonizing transportation - responds to two local privileges: road toll exemption and bus lane access. Combining rich Norwegian microdata with a quasiexperimental research design where we exploit household-level...
Persistent link: https://www.econbiz.de/10013276996
Pigouvian taxes and user fees can address environmental externalities and efficiently fund transportation infrastructure, but these policies may place burdens on poorer households. This paper presents new evidence on the distributional consequences of the gasoline tax, bus and light rail charges...
Persistent link: https://www.econbiz.de/10013477238