Did the introduction of congestion charges in Stockholm city reduce retail revenues? Data from 20 shopping malls - 8 within the toll area, and 12 outside the tool area - and from a sample of retail stores located along the main shopping streets was analyzed using an intervention-control approach. Favorable outcomes, such as reduced traffic, less emissions of carbon-dioxide, and perceived improvements in air quality and accessibility, do not seem to have been offset by reduced revenues for retailers located within the toll area.
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Paper provided by The Ratio Institute in its series Ratio Working Papers with number
134.
Length: 17 pages Date of creation: 07 May 2009 Date of revision: Handle: RePEc:hhs:ratioi:0134
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