Economic instruments in urban travel management can help to relieve urban traffic congestion and pollution. It is both ecologically effective and economically efficient to internalise the external costs of road transport. Some business interest groups criticise this use of economic instruments, because they fear that cities will become less accessible, so that their profits will be reduced. Analyses of the transmission process of price increases show that these fears have no firm basis. In the long run, transport economic instruments could benefit business, especially the urban retail sector. Full internalisation of external transport costs would improve not only the economic structure but also urban development, but what is economically optimal might not be what is optimal from the viewpoint of urban authorities. Economically efficient solutions need to be developed for the application of economic instruments to urban travel management. In addition, the political objectives of urban development need to be realised more effectively. For the covering abstract, see IRRD 885092.


  • English

Media Info

  • Pagination: p. 33-4

Subject/Index Terms

Filing Info

  • Accession Number: 00729808
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • ISBN: 3-909162-00-2
  • Files: ITRD
  • Created Date: Dec 26 1996 12:00AM