Pricing as a tool for funding and regulation in an equity's perspective

The purpose of this report is to focus discussion on the equity issues associated with road pricing. The final equity impact of any pricing application will depend on the pricing instrument chosen, the level of prices and any compensatory policies implemented. Equity impacts will themselves impact on the public acceptability of road pricing. The paper commences with a discussion of road pricing concepts, differentiating between funding of road activities and regulation of road use. This is followed with a discussion of possible objectives of road pricing and of particular road pricing instruments, such as HOT (high occupancy tolled) lanes. A taxonomy of road pricing tools is then set out, ranging from blunt instruments such as general taxes (not strictly a road pricing tool) to more refined instruments such as area pricing. The preceding sections are preliminary to the core of the paper, which is a discussion of the impacts of road pricing and the distribution and equity issues that arise from these impacts. Resolution of these issues is the key to the public and political acceptability of road pricing. The paper concludes with a set of case studies and draws lessons and recommendations.

• Record URL:
  • http://publications.piarc.org/en/search/detail.htm?publication=3520&solo
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/2840602253
• Corporate Authors:

  World Road Association (PIARC). Technical Committee on Rural Roads and Earthworks (D.4)

  Paris,   France 

  World Road Association (PIARC). Technical Committee on Road System Economics (C 1.1)

  ,    
• Publication Date: 2009

Language

• English

Media Info

• Pagination: 156p

Subject/Index Terms

• TRT Terms: Case studies; Economics; Equity; Financing; Highways; Road pricing; Toll roads
• ATRI Terms: Case study; Equity; Road economics; Road funding; Road pricing; Transport economics
• Subject Areas: Economics; Highways; Society;

Filing Info

• Accession Number: 01383868
• Record Type: Publication
• Source Agency: ARRB
• ISBN: 2840602253
• Report/Paper Numbers: 2009R05
• Files: ATRI
• Created Date: Aug 22 2012 3:58PM