The Environmental Benefits from Road Pricing
AbstractIn this paper the environmental benefits of optimal tolls in eight English towns are estimated. Tolls are simulated using the SATURN model (Simulation and Assignment of Traffic to Urban Road Networks) with associated software to simulate the changes in traffic patterns resulting from cordon tolls. With these results the optimal tolls are computed together with the resulting levels and speeds of traffic in each of our study towns. Changes in vehicle emissions are estimated and reduction in health and global warming costs computed. One of the main results is that any toll designed to reduce traffic congestion would yield positive environmental benefits.
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Bibliographic InfoPaper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 0020.
Date of creation: Dec 2000
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Web page: http://www.econ.cam.ac.uk/index.htm
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- David M. Newbery & Georgina Santos, 1999. "Road taxes, road user charges and earmarking," Fiscal Studies, Institute for Fiscal Studies, vol. 20(2), pages 103-132, June.
- Safirova, Elena A. & Houde, Sébastien & Harrington, Winston, 2008. "Marginal Social Cost Pricing on a Transportation Network: Comparison of Second-Best Policies," Discussion Papers dp-07-52, Resources For the Future.
- Cerruti, Davide, 2013. "No free polluting anymore: The impact of a vehicle pollution charge on air quality," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150575, Agricultural and Applied Economics Association.
- Georgina Santos & David Newbery, 2001. "Urban Congestion Charging: Theory, Practice and Environmental Consequences," CESifo Working Paper Series 568, CESifo Group Munich.
- Teresa Palmer Tous & Antoni Riera Font, 2005. "Road transport taxation: a critical review of their internalising effectiveness," Hacienda Pública Española, IEF, vol. 173(2), pages 165-191, June.
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