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Optimal environmental road pricing

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  • Johansson-Stenman, Olof

Abstract

An optimal first-best road charge should not only be differentiated with respect to factors that affect the direct external environmental and time costs from the road-user himself. Indirect effects, such as the fact that other cars will be more polluting when congestion increases, should also be taken into account.

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File URL: http://www.sciencedirect.com/science/article/B6V84-4HNSG0N-9/2/c9c506a2cd4f1fdd54991bd24375c050
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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 90 (2006)
Issue (Month): 2 (February)
Pages: 225-229

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Handle: RePEc:eee:ecolet:v:90:y:2006:i:2:p:225-229

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References

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  1. Maskin, Eric S, 1994. "The Invisible Hand and Externalities," American Economic Review, American Economic Association, vol. 84(2), pages 333-37, May.
  2. Newbery, David M, 1987. "Road User Charges in Britain," Economic Journal, Royal Economic Society, vol. 98(390), pages 161-76, Supplemen.
  3. Newbery, David M, 1990. "Pricing and Congestion: Economic Principles Relevant to Pricing Roads," Oxford Review of Economic Policy, Oxford University Press, vol. 6(2), pages 22-38, Summer.
  4. De Meza, David & Gould, J R, 1987. "Free Access versus Private Property in a Resource: Income Distributions Compared," Journal of Political Economy, University of Chicago Press, vol. 95(6), pages 1317-25, December.
  5. Fullerton, Don & West, Sarah E., 2002. "Can Taxes on Cars and on Gasoline Mimic an Unavailable Tax on Emissions?," Journal of Environmental Economics and Management, Elsevier, vol. 43(1), pages 135-157, January.
  6. Calfee, John & Winston, Clifford, 1998. "The value of automobile travel time: implications for congestion policy," Journal of Public Economics, Elsevier, vol. 69(1), pages 83-102, July.
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Cited by:
  1. Coria, Jessica & Bonilla, Jorge & Grundström, Maria & Pleijel, Håkan, 2013. "Air Pollution Dynamics and the Need for Temporally Differentiated Road Pricing," Working Papers in Economics 572, University of Gothenburg, Department of Economics.
  2. Chu, Chih-Peng & Tsai, Jyh-Fa, 2008. "The optimal location and road pricing for an elevated road in a corridor," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(5), pages 842-856, June.

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