Chapter 8 Cordon charges and the use of revenue: A case study of Edinburgh

James Laird, Chris Nash and Simon Shepherd

Research in Transportation Economics, 2007, vol. 19, issue 1, 161-187

Abstract: This case study examines the proposed Edinburgh cordon charge scheme, which - despite earmarking revenues for use in the transport sector - was still defeated at a referendum. This research suggests that whilst earmarking revenues reduced the efficiency of the scheme compared to a first best scenario, with lower toll charges than optimal, the scheme still offered substantial net benefits. Also whilst the City of Edinburgh Council had an incentive to charge residents of other authorities to favour its own residents, the proposed revenue distribution was equitable. However, the scheme still proved controversial; its defeat shows the importance of carrying such schemes forward on a regional basis with consensus between the local authorities involved.

Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0739-8859(07)19008-9
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:retrec:v:19:y:2007:i:1:p:161-187

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_2&version=01

Access Statistics for this article

Research in Transportation Economics is currently edited by M. Dresner

More articles in Research in Transportation Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().