IDEAS home Printed from https://ideas.repec.org/a/oup/renvpo/v5y2011i1p66-88.html
   My bibliography  Save this article

Reducing Urban Road Transportation Externalities: Road Pricing in Theory and in Practice

Author

Listed:
  • Alex Anas
  • Robin Lindsey

Abstract

Urban road transportation creates several externalities, the most important of which are congestion (time delay and extra fuel consumption), accidents, pollution, and greenhouse gas emissions. Road pricing is widely promoted as a tool to reduce these externalities. Based on a review of theory as well as experience with existing schemes, this article draws four conclusions about urban road pricing: (1) the benefits of road pricing exceed the costs; (2) the benefits of congestion relief are larger than the benefits of improvements in environmental quality; (3) success depends in part, but only to a limited extent, on the presence of public transit and on how service is adjusted; and (4) the distributional effects and public acceptance of road pricing pose important challenges for policy design. Copyright 2011, Oxford University Press.

Suggested Citation

  • Alex Anas & Robin Lindsey, 2011. "Reducing Urban Road Transportation Externalities: Road Pricing in Theory and in Practice," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(1), pages 66-88, Winter.
    • Handle: RePEc:oup:renvpo:v:5:y:2011:i:1:p:66-88
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/reep/req019
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:renvpo:v:5:y:2011:i:1:p:66-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aereeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.