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Political acceptability is the primary obstacle to implementation of road pricing in many cities. This paper studies the political economy of urban road pricing in its most common incarnation: cordon tolling. We relate voters' preferences for the road toll to its impact on the city's land...
Persistent link: https://www.econbiz.de/10011479074
Studies of the "stated preferences" of households generally report public and political opposition by urban commuters to congestion pricing. It is thought that this opposition inhibits or precludes tolls and pricing systems that would enhance efficiency in the use of scarce roadways. This paper...
Persistent link: https://www.econbiz.de/10011563508
In this study we have analysed policy interactions between an urban and a regional government which have different objectives (welfare of its own citizens) and two policy instruments (toll and capacity) available. Using a simulation model, we investigated the welfare consequences of the various...
Persistent link: https://www.econbiz.de/10011349179
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Private toll roads are now seriously considered as an alternative to public (free-access) road infrastructure. Nevertheless, complete private provision without governmental control is only rarely considered. A main consideration against private roads would be that operators would be primarily...
Persistent link: https://www.econbiz.de/10011334855
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10009792215
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, as road pricing often has high infrastructural costs and faces public opposition. This paper explores the role of parking … taxation in reducing congestion by considering a natural experiment created by the progressive January 1, 2012 Chicago parking … parking tax increase led to a 4-6 percent reduction in total vehicle trips in high-income areas, with the largest response …
Persistent link: https://www.econbiz.de/10011485212
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