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The Road Ahead: How an efficient, fair and sustainable pricing regime can help tackle congestion

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  • Infrastructure Victoria

Abstract

This paper outlines the problems with current approach to transport pricing in Victoria and the benefits and limitations of introducing a new road pricing regime to reduce congestion and make the most efficient use of the road network. An evaluation framework for assessing the impact of road pricing models is proposed. We describe four possible road pricing models - area/cordon, corridor, partial and whole-of-network. Finally, we provide a preliminary discussion of key issues for designing an efficient, fair and sustainable pricing regime. The analysis focuses on road pricing regimes in Melbourne, Australia.

Suggested Citation

  • Infrastructure Victoria, 2016. "The Road Ahead: How an efficient, fair and sustainable pricing regime can help tackle congestion," Policy papers 201603, Infrastructure Victoria.
    • Handle: RePEc:inv:ppaper:201603
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    File URL: http://repec.infrastructurevictoria.com.au/RePEc/inv/ppaper/IVP201603.pdf
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    Cited by:

    1. Beck, Matthew J. & Hensher, David A., 2022. "Working from home in Australia in 2020: Positives, negatives and the potential for future benefits to transport and society," Transportation Research Part A: Policy and Practice, Elsevier, vol. 158(C), pages 271-284.

    More about this item

    Keywords

    Congestion; Road Pricing; Melbourne; Australia;
    All these keywords.

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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