Social Equity and Road Pricing: An Analysis of the Overlooked Case of New York City

Economic theory recognizes two major dimensions of social welfare: efficiency and equity. Efficiency, broadly speaking, is the attainment of maximum output per level of unit input (in theoretical terms, being on the boundary of the production possibilities frontier). Equity broadly refers to the distribution of resources across different groups (and, more subjectively, whether that distribution matches some socially preferred ideal). This paper examines three measures of equity – horizontal, vertical and locational – analyzing data from a unique survey of road users on the New York Toll Bridges and Tunnels. Particular emphasis is placed on analyzing the burden of individual toll facilities on regional equity.

Language

  • English

Media Info

  • Media Type: DVD
  • Features: Figures; Maps; References; Tables;
  • Pagination: 17p
  • Monograph Title: TRB 89th Annual Meeting Compendium of Papers DVD

Subject/Index Terms

Filing Info

  • Accession Number: 01157116
  • Record Type: Publication
  • Report/Paper Numbers: 10-3702
  • Files: TRIS, TRB
  • Created Date: Jan 25 2010 11:53AM