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Congestion charges and retail revenues: Results from the Stockholm road pricing trial

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  • Daunfeldt, Sven-Olov
  • Rudholm, Niklas
  • Rämme, Ulf

Abstract

This paper studies the impact of the Stockholm road pricing trial on retail revenues. The analysis is performed using revenue data from 14 shopping malls, 9 within the tool area and 5 outside the tool area. The data also include revenue data from a sample of retail stores located along the main shopping streets in Stockholm. The results show that the Stockholm road pricing trial did not negatively affect retail revenue, neither in shopping malls nor in the sample of retail stores.

Suggested Citation

  • Daunfeldt, Sven-Olov & Rudholm, Niklas & Rämme, Ulf, 2009. "Congestion charges and retail revenues: Results from the Stockholm road pricing trial," Transportation Research Part A: Policy and Practice, Elsevier, vol. 43(3), pages 306-309, March.
    • Handle: RePEc:eee:transa:v:43:y:2009:i:3:p:306-309
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    1. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
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    Cited by:

    1. Sathaye, Nakul & Harley, Robert & Madanat, Samer, 2010. "Unintended environmental impacts of nighttime freight logistics activities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(8), pages 642-659, October.
    2. Wilson, Riley & Miller, Sebastián J., 2015. "Parking Taxes as a Second Best Congestion Pricing Mechanism," IDB Publications (Working Papers) 7290, Inter-American Development Bank.
    3. Reimers, Vaughan, 2013. "Convenience for the car-borne shopper: Are malls and shopping strips driving customers away?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 49(C), pages 35-47.
    4. Danielis, Romeo & Maggi, Elena & Rotaris, Lucia & Valeri, Eva, 2012. "Urban supply chains and transportation policies," Working Papers 12_7, SIET Società Italiana di Economia dei Trasporti e della Logistica, revised 2012.
    5. Meland, Solveig & Tretvik, Terje & Welde, Morten, 2010. "The effects of removing the Trondheim toll cordon," Transport Policy, Elsevier, vol. 17(6), pages 475-485, November.
    6. Raux, Charles & Souche, Stéphanie & Pons, Damien, 2012. "The efficiency of congestion charging: Some lessons from cost–benefit analyses," Research in Transportation Economics, Elsevier, vol. 36(1), pages 85-92.
    7. Danielis, Romeo & Maggi, Elena & Rotaris, Lucia & Valeri, Eva, 2012. "Urban supply chains and transportation policies," Working Papers 1207, SIET Società Italiana di Economia dei Trasporti e della Logistica, revised 2012.
    8. Riley Wilson & Sebastián J. Miller, 2015. "Parking Taxes as a Second Best Congestion Pricing Mechanism," IDB Publications (Working Papers) 91742, Inter-American Development Bank.
    9. Daunfeldt, Sven-Olov & Rudholm, Niklas & Rämme, Ulf, 2009. "Congestion Charges in Stockholm: How Have They Affected Retail Revenues?," Ratio Working Papers 134, The Ratio Institute.
    10. Catherine Althaus & Lindsay M. Tedds & Allen McAvoy, 2011. "The Feasibility of Implementing a Congestion Charge on the Halifax Peninsula: Filling the "Missing Link" of Implementation," Canadian Public Policy, University of Toronto Press, vol. 37(4), pages 541-561, December.
    11. Börjesson, Maria & Eliasson, Jonas & Hugosson, Muriel B. & Brundell-Freij, Karin, 2012. "The Stockholm congestion charges—5 years on. Effects, acceptability and lessons learnt," Transport Policy, Elsevier, vol. 20(C), pages 1-12.
    12. Caicedo, Felix & Diaz, Alejandra, 2013. "Case analysis of simultaneous concessions of parking meters and underground parking facilities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 49(C), pages 358-378.
    13. Morton, Craig & Lovelace, Robin & Anable, Jillian, 2017. "Exploring the effect of local transport policies on the adoption of low emission vehicles: Evidence from the London Congestion Charge and Hybrid Electric Vehicles," Transport Policy, Elsevier, vol. 60(C), pages 34-46.
    14. Semeneh Hunachew Bayih & Surafel Luleseged Tilahun, 2024. "Dynamic vehicle parking pricing. A review," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 34(1), pages 35-59.
    15. Börjesson, Maria & Eliasson, Jonas & Hugosson, Muriel & Brundell-Freij, Karin, 2012. "The Stockholm congestion charges – five years on. Effects, acceptability and lessons learnt," Working papers in Transport Economics 2012:3, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    16. Bonsall, Peter & Young, William, 2010. "Is there a case for replacing parking charges by road user charges?," Transport Policy, Elsevier, vol. 17(5), pages 323-334, September.
    17. Yifeng Liu & Zhanhua Cao & Hongxu Wei & Peng Guo, 2024. "Optimizing Spatial Distribution of Retail Shops against Neighborhood Tree Canopy Shade Using Big Data Extracted from Streetscape," Land, MDPI, vol. 13(8), pages 1-18, August.
    18. Xin Li & John W. Shaw & Daizong Liu & Yun Yuan, 2019. "Acceptability of Beijing congestion charging from a business perspective," Transportation, Springer, vol. 46(3), pages 753-776, June.
    19. Rämme, Ulf & Daunfeldt, Sven-Olov & Rudholm, Niklas, 2012. "Market reform and food prices: Did the 1912 Slaughterhouse Reform affect meat prices in Stockholm?," HUI Working Papers 79, HUI Research.
    20. Tillema, Taede & van Wee, Bert & Ettema, Dick, 2010. "The influence of (toll-related) travel costs in residential location decisions of households: A stated choice approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(10), pages 785-796, December.
    21. Eliasson, Jonas, 2017. "Congestion pricing," MPRA Paper 88224, University Library of Munich, Germany.
    22. Broström, Anders & McKelvey, Maureen, 2016. "Knowledge transfer at the science-policy interface: How cognitive distance and the degree of expert autonomy shapes the outcome," Working Paper Series in Economics and Institutions of Innovation 441, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    23. Enrica Carbone & Vinayak V. Dixit & E. Elisabet Rutstrom, 2022. "Should I stay or should I go? Congestion pricing and equilibrium selection in a transportation network," Theory and Decision, Springer, vol. 93(3), pages 535-562, October.

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