PennTags /tag/transportation_policy+congestion+congestion

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Distributional impacts of road pricing: The truth behind the myth

Title: Distributional impacts of road pricing: The truth behind the myth

Source: Transportation [0049-4488] Santos yr:2004 vol:31 iss:1 pg:21

Abstract This paper shows that road pricing can be regressive, progressive or neutral, and refutes the generalised idea that road pricing is always regressive. The potential distributional impacts of a road pricing scheme are assessed in three English towns. It is found that impacts are town specific and depend on where people live, where people work and what mode of transport they use to go to work. Initial impacts may be progressive even before any compensation scheme for losers is taken into account. When the situation before the scheme is implemented is such that majority of drivers entering the area where the scheme would operate come from households with incomes above the average, it can be expected that, once the scheme is implemented, these drivers coming from rich households will continue to cross the cordon and will be prepared to pay the charge. In such a case the overall effect will be that on average, rich people will pay the toll and poor people will not.

tagged congestion_pricing transportation congestion road_pricing transportation_policy by jn ...on 05-OCT-07

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Congestion Pricing with Heterogeneous Travelers: A General-Equilibrium Welfare Analysis

Journal Title - Networks and Spatial Economics
Article Title - Congestion Pricing with Heterogeneous Travelers: A General-Equilibrium Welfare Analysis
Volume - Volume 4
Issue - 2
First Page - 135
Last Page - 160
Issue Cover Date - 2004-06-01
Author - André de Palma
Author - Robin LindseyDOI - 10.1023/B:NETS.0000027770.27906.82

Link - http://www.springerlink.com/content/t317779845j42x04

Abstract
Traffic congestion pricing is studied using a general-equilibrium framework that incorporates public goods expenditures, an income tax, a government budget constraint, and preferences for equity. Individuals differ with respect to wages, values of travel time, and the congestion characteristics of their vehicles. Formulae for optimal tolls are derived and decomposed to reveal the separate influences of individual and vehicle heterogeneity, road network effects, fiscal effects and equity concerns. Using an example various tolling regimes are considered, defined by how much of the network is tolled, by whether and how tolls are differentiated by route, and by vehicle and individual characteristics.

tagged congestion_pricing transportation congestion transportation_policy by jn ...on 05-OCT-07