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Optimal Environmental Road pricing

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  • Johansson-Stenman, Olof

    ()
    (Department of Economics, School of Economics and Commercial Law, Göteborg University)

Abstract

An optimal first-best road charge should not only be differentiated with respect to factors that affect the direct external environmental and time costs from the road-user himself. Indirect effects, such as the fact that other cars will be more polluting when congestion increases, should also be taken into account.

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File URL: http://hdl.handle.net/2077/2762
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Bibliographic Info

Paper provided by University of Gothenburg, Department of Economics in its series Working Papers in Economics with number 168.

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Length: 8 pages
Date of creation: 31 Mar 2005
Date of revision:
Handle: RePEc:hhs:gunwpe:0168

Contact details of provider:
Postal: Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
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Related research

Keywords: Road pricing; environmental costs; externalities; indirect effects;

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References

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  1. Don Fullerton & Sarah West, 1999. "Can Taxes on Cars and on Gasoline Mimic an Unavailable Tax on Emissions?," NBER Working Papers 7059, National Bureau of Economic Research, Inc.
  2. Newbery, David M, 1987. "Road User Charges in Britain," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 98(390), pages 161-76, Supplemen.
  3. Maskin, Eric S, 1994. "The Invisible Hand and Externalities," American Economic Review, American Economic Association, American Economic Association, vol. 84(2), pages 333-37, May.
  4. De Meza, David & Gould, J R, 1987. "Free Access versus Private Property in a Resource: Income Distributions Compared," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 95(6), pages 1317-25, December.
  5. Calfee, John & Winston, Clifford, 1998. "The value of automobile travel time: implications for congestion policy," Journal of Public Economics, Elsevier, Elsevier, vol. 69(1), pages 83-102, July.
  6. Newbery, David M, 1990. "Pricing and Congestion: Economic Principles Relevant to Pricing Roads," Oxford Review of Economic Policy, Oxford University Press, Oxford University Press, vol. 6(2), pages 22-38, Summer.
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Cited by:
  1. Coria, Jessica & Bonilla, Jorge & Grundström, Maria & Pleijel, Håkan, 2013. "Air Pollution Dynamics and the Need for Temporally Differentiated Road Pricing," Working Papers in Economics, University of Gothenburg, Department of Economics 572, University of Gothenburg, Department of Economics.
  2. Chu, Chih-Peng & Tsai, Jyh-Fa, 2008. "The optimal location and road pricing for an elevated road in a corridor," Transportation Research Part A: Policy and Practice, Elsevier, Elsevier, vol. 42(5), pages 842-856, June.

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