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Highway-Capacity Utilization and Investment in Transportation Corridors

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  • J Berechman

    (Center for Urban Regional Studies, Tel-Aviv University, Ramat-Aviv, Tel-Aviv, Israel)

Abstract

An example of highway-capacity utilization is considered in this paper. It has been observed that severe traffic conditions can exist on one freeway, while traffic on a parallel freeway may be moving almost at the speed limit. It is important to examine the possible causes of this phenomenon to avoid wasteful investments. The major objectives of this paper are, first, to examine the theoretical conditions under which the phenomenon can occur; second, to verify those conditions empirically; and, third, to suggest policies that will reduce the volume of traffic on the congested freeway by increasing the utilization of the other freeway. It is concluded that access and egress costs arising from travel on roads connecting the two main freeways have an important effect on the utilization of the freeways.

Suggested Citation

  • J Berechman, 1984. "Highway-Capacity Utilization and Investment in Transportation Corridors," Environment and Planning A, , vol. 16(11), pages 1475-1488, November.
    • Handle: RePEc:sae:envira:v:16:y:1984:i:11:p:1475-1488
    DOI: 10.1068/a161475
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    References listed on IDEAS

    as
    1. Marvin Kraus, 1981. "Indivisibilities, Economies of Scale, and Optimal Subsidy Policy for Freeways," Land Economics, University of Wisconsin Press, vol. 57(1), pages 115-121.
    2. Kraus, Marvin & Mohring, Herbert & Pinfold, Thomas P, 1976. "The Welfare Costs of Nonoptimum Pricing and Investment Policies for Freeway Transportation," American Economic Review, American Economic Association, vol. 66(4), pages 532-547, September.
    3. Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, vol. 59(2), pages 251-260, May.
    4. William Vickrey, 1965. "Pricing as a Tool in Coordination of Local Transportation," NBER Chapters, in: Transportation Economics, pages 275-296, National Bureau of Economic Research, Inc.
    5. Keeler, Theodore E & Small, Kenneth A, 1977. "Optimal Peak-Load Pricing, Investment, and Service Levels on Urban Expressways," Journal of Political Economy, University of Chicago Press, vol. 85(1), pages 1-25, February.
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