Optimal Pricing for Urban Road Transport Externalities
AbstractA partial equilibrium model for the urban transport market is described. The urban transport market is represented as a set of interrelated transport submarkets, one per type of mode or vehicle and period. This allows to represent in detail the different external costs associated with the use of different modes: congestion, accidents, air pollution and noise. The model allows to find second best optima that combine optimally given pricing and environmental regulation instruments. The model is demonstrated for Brussels. For this city the welfare effects of alternative sets of instruments are compared.
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Bibliographic InfoPaper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën in its series Center for Economic Studies - Discussion papers with number ces9830.
Date of creation: Mar 1998
Date of revision:
Other versions of this item:
- Sara Ochelen & Stef Proost & Kurt Van Dender, 1998. "Optimal Pricing for Urban Road Transport Externalities," Center for Economic Studies - Discussion papers ces9826, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
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