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A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential modelling assumption to reach this conclusion is that the number of workdays is optimally chosen, whereas...
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imposed at selected U.S. airports in the relatively near future. The theory developed in this paper, which extends the results … theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …
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