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Marginal Congestion Cost on a Dynamic Expressway Network

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  • Mogens Fosgerau
  • Kenneth A. Small

Abstract

We formulate an empirical model of congestion for a series of sequential expressway links where queues may form and spill back. Its purpose is to disentangle the dynamic effect that a marginal vehicle has on the distribution of travel times experienced there and on connected links. We estimate a dynamic econometric model using unusually complete and accurate data from Danish motorways. We use the results to estimate the marginal external cost of adding a vehicle to a link's entry flow, finding it is highly influenced by the dynamic properties of the system of relationships between travel times and flows. © 2012 LSE and the University of Bath

Suggested Citation

  • Mogens Fosgerau & Kenneth A. Small, 2012. "Marginal Congestion Cost on a Dynamic Expressway Network," Journal of Transport Economics and Policy, University of Bath, vol. 46(3), pages 431-450, September.
    • Handle: RePEc:tpe:jtecpo:v:46:y:2012:i:3:p:431-450
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    Cited by:

    1. Kim, Jinwon, 2022. "Does roadwork improve road speed? Evidence from urban freeways in California," Regional Science and Urban Economics, Elsevier, vol. 93(C).
    2. Adler, Martin W. & Ommeren, Jos van & Rietveld, Piet, 2013. "Road congestion and incident duration," Economics of Transportation, Elsevier, vol. 2(4), pages 109-118.
    3. Fumitoshi Mizutani & Yusuke Suzuki & Shuji Uranishi, 2017. "Magnitude of external costs of highways in Japan," Asia-Pacific Journal of Regional Science, Springer, vol. 1(2), pages 337-357, October.
    4. Kim, Jinwon, 2019. "Estimating the social cost of congestion using the bottleneck model," Economics of Transportation, Elsevier, vol. 19(C), pages 1-1.
    5. Anupriya, & Bansal, Prateek & Graham, Daniel J., 2023. "Congestion in cities: Can road capacity expansions provide a solution?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 174(C).

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