Does roadwork improve road speed? Evidence from urban freeways in California
Jinwon Kim
Regional Science and Urban Economics, 2022, vol. 93, issue C
Abstract:
This paper estimates the effects of roadwork on road speed and traffic volume using panel data from urban freeways in California. The empirical model is specified to identify the dynamic responses of road speed and traffic volume to a shift in the cost curve generated by roadwork. The estimates indicate that roadwork increases road speed shortly after the roadwork is completed, but this effect does not last longer than one year. Traffic volume does not immediately respond to roadwork but does increase after around one year. These empirical results support the “induced-demand hypothesis” of Downs (1962, 1992). This paper also quantifies the time-cost savings of roadwork to evaluate public spending on freeways. It is concluded that the congestion-relieving effect of roadwork alone is not enough to justify the state's large expenditures on roadwork.
Keywords: Traffic volume; Speed; Roadwork; Lane closure; Traffic congestion (search for similar items in EconPapers)
JEL-codes: R41 R48 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0166046222000047
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:93:y:2022:i:c:s0166046222000047
DOI: 10.1016/j.regsciurbeco.2022.103773
Access Statistics for this article
Regional Science and Urban Economics is currently edited by D.P McMillen and Y. Zenou
More articles in Regional Science and Urban Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().