Towards Socially and Economically Sustainable Developments: Impacts of Toll Pricing on Residential Developments

The goal of this research is to investigate the effects of road pricing on residential land use choices and to help select pricing policies that foster socially and economically sustainable residential development in urbanized residential areas. Under this goal, a residential land use choice model in logit form with shared aggregated data was developed. The model was designed to assess the impacts of various toll pricing policies and the resulting accessibility on a residential land use choice pattern. The Great Buffalo-Niagara metropolitan area was selected for a case study. The multinomial logit model was built at the census tract level, with four residential land use types—single-family houses, multiple-family houses, apartments and others—as main choice alternatives. With the estimated model, the following hypothetical toll pricing scenarios were tested: (1) uniform increase of tolls for the entire region, (2) distance-based tolls for the entire region, and (3) uniform tolls for entering the downtown area only. The authors found that toll pricing strategies affect accessibility of zones, shaping a trend and pattern of the residential land use. More specifically, increased toll charges would urge people to choose multi-family housing and apartments, encouraging a sustainable high density residential land use pattern.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Edition: Final Report
  • Features: Appendices; Figures; References; Tables;
  • Pagination: 34p

Subject/Index Terms

Filing Info

  • Accession Number: 01516289
  • Record Type: Publication
  • Report/Paper Numbers: 49111-23-23
  • Files: UTC, TRIS, RITA, ATRI, USDOT
  • Created Date: Feb 28 2014 1:32PM