The Economics of Urban Tolls: Lessons From the Stockholm Case

The Stockholm toll causes, as predicted by theory, traffic reduction, leading to increased speeds and time gains for remaining car users. But this is only the beginning of the evaluation story. One must also estimate: implementation costs, environmental gains, imperfect secondary markets (in public transport) benefits and costs, and public finance costs and benefits. The net outcome appears to be negative, contrary to the outcome of the official estimate. For an urban toll to produce net benefits, it seems that 3 conditions are required: a relatively high degree of road congestion, a reasonably inexpensive implementation system, and a relatively low level of public transport congestion.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/03918440
• Authors:
  • Kopp, Pierre
  • Prud'homme, Remy
• Publication Date: 2010-6

Language

• English

Media Info

• Media Type: Print
• Features: Figures; References; Tables;
• Pagination: pp 195-221
• Serial:
  • International Journal of Transport Economics
  • Volume: 37
  • Issue Number: 2
  • ISSN: 0391-8440
  • Serial URL: http://www.libraweb.net/riviste.php?chiave=67

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Rates, fares and tolls; Traffic congestion; Urban areas; Urban highways
• Geographic Terms: Stockholm (Sweden)
• Subject Areas: Highways; Operations and Traffic Management; Planning and Forecasting; I72: Traffic and Transport Planning; I73: Traffic Control;

Filing Info

• Accession Number: 01165206
• Record Type: Publication
• Files: TRIS
• Created Date: Aug 19 2010 11:16AM