IDEAS home Printed from https://ideas.repec.org/p/ces/ceswps/_568.html
   My bibliography  Save this paper

Urban Congestion Charging: Theory, Practice and Environmental Consequences

Author

Listed:
  • Georgina Santos
  • David Newbery

Abstract

The theory of road pricing developed for single links suggests time and location varying charges equal to the marginal congestion cost at the efficient level of traffic. The second-best network counterpart is derived, but would be infeasible to implement. Cordon tolls are feasible, and their optimal level computed for eight towns. A cost-benefit study showed that with a suitable choice of location, all schemes were socially profitable, though with wide variations across towns. The environmental benefits of cordon tolls are measured and shown to correlate with optimal congestion tolls, but to be modest in size and not to affect the optimal toll.

Suggested Citation

  • Georgina Santos & David Newbery, 2001. "Urban Congestion Charging: Theory, Practice and Environmental Consequences," CESifo Working Paper Series 568, CESifo.
    • Handle: RePEc:ces:ceswps:_568
    as

    Download full text from publisher

    File URL: https://www.cesifo.org/DocDL/cesifo_wp568.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Santos, G. & Rojey, L. & Newbery, D.M., 2000. "The Environmental Benefits from Road Pricing," Cambridge Working Papers in Economics 0020, Faculty of Economics, University of Cambridge.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. 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.
    2. Anas, Alex & Hiramatsu, Tomoru, 2013. "The economics of cordon tolling: General equilibrium and welfare analysis," Economics of Transportation, Elsevier, vol. 2(1), pages 18-37.
    3. Oliver Falck & Anita Dietrich & Astrid Janko & Tobias Kluth & Anita Wölfl, 2020. "Traffic Effects of a Congestion Charge in Munich," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 115, July.
    4. repec:ces:ifodic:v:3:y:2005:i:3:p:14567614 is not listed on IDEAS
    5. Ronnie Schöb, 2005. "Not optimal, but Effective: the Multi-Mode Ticket for Reducing Urban Traffic Congestion in Medium-Sized Towns," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 3(3), pages 28-33, November.
    6. Özhan Yılmaz & Ebru Voyvoda, 2017. "An Integrated General Equilibrium Model for Evaluating Demographic, Social and Economic Impacts of Transport Policies," ERC Working Papers 1706, ERC - Economic Research Center, Middle East Technical University, revised Jun 2017.
    7. Ronnie Schöb, 2005. "Not optimal, but Effective: the Multi-Mode Ticket for Reducing Urban Traffic Congestion in Medium-Sized Towns," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 3(03), pages 28-33, November.
    8. Jonathan Leape, 2006. "The London Congestion Charge," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 157-176, Fall.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Safirova, Elena A. & Houde, Sébastien & Harrington, Winston, 2008. "Marginal Social Cost Pricing on a Transportation Network: Comparison of Second-Best Policies," RFF Working Paper Series dp-07-52, Resources for the Future.
    2. Cerruti, Davide, 2013. "No free polluting anymore: The impact of a vehicle pollution charge on air quality," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150575, Agricultural and Applied Economics Association.
    3. Teresa Palmer Tous & Antoni Riera Font, 2005. "Road transport taxation: a critical review of their internalising effectiveness," Hacienda Pública Española / Review of Public Economics, IEF, vol. 173(2), pages 165-191, June.
    4. Rau, Philipp & Spinler, Stefan, 2016. "Investment into container shipping capacity: A real options approach in oligopolistic competition," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 93(C), pages 130-147.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ceswps:_568. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/cesifde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.