The impact of urban road pricing on the use of bike sharing
Elisabetta Cornago,
Alexandros Dimitropoulos and
Walid Oueslati
Journal of Environmental Economics and Management, 2023, vol. 120, issue C
Abstract:
We empirically analyse the effect of road pricing on the use of bike sharing. We exploit two sudden policy changes in Milan's congestion pricing scheme resulting in a shift from priced to unpriced road use: a temporary suspension of the scheme in 2012, and a durable reduction in its application schedule. We find that the sudden removal of road pricing decreases bike-sharing use by about 5%. The policy impact mainly occurs through the increase of road traffic congestion, which makes cycling less safe and pleasant. The reduction in the schedule leads to an 8% decline in bike-sharing use in the affected time window. Our findings indicate that policies inducing drivers to internalise the external costs of car use also promote the uptake of non-polluting transport modes. This widens the spectrum of benefits that need to be considered in the design and implementation of road pricing policies.
Keywords: Urban road pricing; Transport choice; Bike sharing; Zero-carbon mobility (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeeman:v:120:y:2023:i:c:s0095069623000396
DOI: 10.1016/j.jeem.2023.102821
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