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This paper considers various policy measures to reduce traffic externalities in cities, including externality-reducing investments, tolls, emission standards, low emission zones, and bypass capacity to guide traffic around the city center. Using a simple model that distinguishes local and...
Persistent link: https://www.econbiz.de/10013103748
This paper deals with costs-benefit analysis of investment in transport infrastructure. Its contribution is twofold. Firstly, we develop a general equilibrium model to explore the impact of a small budgetary-neutral investment in transport infrastructure in a second-best setting, where other...
Persistent link: https://www.econbiz.de/10012723146
In this paper, we consider a region that invests in infrastructure used by both local demand and through transport. We then compare transport systems that have, for a given capacity, the same total infrastructure cost but vary in the proportion of fixed costs and variable capacity costs. We...
Persistent link: https://www.econbiz.de/10012725824
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
The purpose of this paper is to compare the interaction between pricing and capacity decisions on simple serial and parallel transport networks. When individual links of the network are operated by different regional or national authorities, toll and capacity competition is likely to result....
Persistent link: https://www.econbiz.de/10012732534
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
In most federal countries, the pricing of road use is still largely decided at the federal level, and often takes the form of fuel taxes. Recently, however, (urban) road pricing and (regional) distance charging have gained momentum, increasing opportunities for decentralized decision-making. In...
Persistent link: https://www.econbiz.de/10013012914
This paper surveys tax and regulatory policies for road transport in the EU. According to the economic literature, policy reforms are needed that substitute current fuel and vehicle taxes by car and truck user taxes that depend on place and time of use. The survey analyzes how policies have...
Persistent link: https://www.econbiz.de/10013022147