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The Impact of the Congestion Charge on Retail: the London Experience

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Author Info
Mohammed A. Quddus
Alon Carmel
Michael G. H. Bell
Abstract

The effect of London's congestion charge on the retail sector has aroused considerable interest since the introduction of the scheme in February 2003. We investigate the impact of the congestion charge using a variety of econometric models applied to a total retail sales index for central London (monthly) and weekly retail sales data for the John Lewis Oxford Street store within the congestion charging zone. The analysis suggests that the charge had a significant impact on sales at the John Lewis Oxford Street store over the period studied. However, it also suggests the charge did not affect overall retail sales in central London, an area larger than but encompassing the congestion charging zone. © 2007 LSE and the University of Bath

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Publisher Info
Article provided by London School of Economics and University of Bath in its journal Journal of Transport Economics and Policy.

Volume (Year): 41 (2007)
Issue (Month): 1 (January)
Pages: 113-133
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Handle: RePEc:tpe:jtecpo:v:41:y:2007:i:1:p:113-133

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Web page: http://www.bath.ac.uk/e-journals/jtep

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  1. Daniel Albalate & Germa Bel, 2008. "Shaping urban traffic patterns through congestion charging: What factors drive success or failure?," IREA Working Papers 200801, University of Barcelona, Research Institute of Applied Economics, revised Jan 2008. [Downloadable!]
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This page was last updated on 2009-12-15.

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