Shaping urban traffic patterns through congestion charging: What factors drive success or failure?
Daniel Albalate () and
Germà Bel ()
No 200801, IREA Working Papers from University of Barcelona, Research Institute of Applied Economics
Congestion costs are emerging as one of the most important challenges faced by metropolitan planners and transport authorities in first world economies. In US these costs were as high as 78 million dollars in 2005 and are growing due to fast increases in travel delays. In order to solve the current and severe levels of congestion the US department of transportation have recently started a program to initiate congestion pricing in five metropolitan areas. In this context it is important to determine those factors helping its implementation and success, but also the problems or difficulties associated with charging projects. In this article we analyze worldwide experiences with urban road charging in order to extract interesting and helpful lessons for policy makers engaged in congestion pricing projects and for those interested in the introduction of traffic management tools to regulate the entrance to big cities.
Keywords: Congestion; Road Pricing; Urban Transportation; Traffic Demand Management. (search for similar items in EconPapers)
JEL-codes: L91 L98 R41 R48 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-geo and nep-ure
Date: 2008-01, Revised 2008-01
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Persistent link: https://EconPapers.repec.org/RePEc:ira:wpaper:200801
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