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and plays a supplementary role as transport-relevant instrument, but it is not a panacea for traffic congestion. … making traffic flow more efficiently in a given infrastructure. Furthermore, the virtual world gives rise to new business … continues to drive qualitative improvements in traffic conditions, e-business and telework in particular have, for structural …
Persistent link: https://www.econbiz.de/10005412520
We buid a simple model of commuter railways where congestion exists, show that price-cap (PC) regulation causes … congestion compared to rate-of-return (ROR) regulation. We next consider methods to correct it, and show the following results …: (i) PC regulation, in which the cap is made contingent on congestion, can correct the congestion without distorting cost …
Persistent link: https://www.econbiz.de/10005639257
We buid a simple model of commuter railways where congestion exists, show that price-cap (PC) regulation causes … congestion compared to rate-of-return (ROR) regulation. We next consider methods to correct it, and show the following results …: (i) PC regulation, in which the cap is made contingent on congestion, can correct the congestion without distorting cost …
Persistent link: https://www.econbiz.de/10008602921
of the road traffic system and also bind resources. Therefore, apart from ethical aspects, road accidents have an …Road safety forms a fundamental prerequisite for sustainable mobility. Road accidents have an effect on the performance … enormous influence on the social acceptability of road traffic as well as on a country's economic progress. In 2004, the costs …
Persistent link: https://www.econbiz.de/10008671266
This paper uses highly disaggregate data to study the impact of a new metro on firm productivity. The planned-route IV methodology ensures the causality of results and a fine spatial scale detects the geographical scale of the impact. We find that within 750 meters to stations aggregate value...
Persistent link: https://www.econbiz.de/10012890885
Road transport will account for a large share of developing countries' future energy demand. This paper reviews the trends in road transport energy consumption in 12 countries (Group of Seven (G7) and BRICS) over the period 1973-2010. We report several stylised facts: road transport energy use...
Persistent link: https://www.econbiz.de/10013014100
We examine commercial office rental yields in 89 large cities in 33 developed and developing countries in the 2000-2019 period. As expected, commercial office yields have declined throughout the world, reflecting a decline in the real rate of interest over this time period. Our cross-city...
Persistent link: https://www.econbiz.de/10013242156
The paper provides information for railway systems based on 30 years' experience of Japanese railway privatization. First, we introduce the background, framework, and result of the Japanese National Railway reform, especially from the perspective of the former president of the JR Kyushu Railway...
Persistent link: https://www.econbiz.de/10012008574
The United Kingdom displays large regional disparities in productivity compared to most other OECD countries, with a large gap between London and most other regions. This holds back aggregate productivity and growth, and contributes to regional differences in living standards. To make the...
Persistent link: https://www.econbiz.de/10011823718
local public transport in Sweden and England outside London, and their impacts. The paper will attempt to assess how far …
Persistent link: https://www.econbiz.de/10011115832