Road infrastructure and public bus transport service provision under different funding schemes: A simulation analysis
Nicolás Pavón and
Luis Ignacio Rizzi
Transportation Research Part A: Policy and Practice, 2019, vol. 125, issue C, 89-105
There is a large and still growing literature on road pricing; there is also a large literature on public transport pricing and provision. However, the integration of these subtopics with the subtopic of road capacity provision as a unified topic is very small (Lindsey, 2012). Therefore, we seek to gain a better understanding of the interplay of transport pricing, transport service provision, cost recovery, together with an explicit consideration of equity in a unified fashion. To do so, we carry out a simulation analysis, as theoretical results in second-best contexts are not clean and depend on assumptions on relevant parameters.
Keywords: Road capacity; Congestion pricing; Public transport subsidies; Urban transport externalities; Equity (search for similar items in EconPapers)
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