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Welfare and Distributional Effects of Road Pricing Schemes for Metropolitan Washington, DC Author info | Abstract | Publisher info | Download info | Related research | Statistics Parry, Ian () (Resources for the Future)
Harrington, Winston () (Resources for the Future)
Nelson, Per-Kristian () (Resources for the Future)
Safirova, Elena () (Resources for the Future)
Mason, Dave
Gillingham, Kenneth
Additional information is available for the following
registered author(s):
Economists have long advocated congestion pricing as an efficient way of allocating scarce roadway capacity. However, with a few exceptions, congestion tolls are rarely used in practice and strongly opposed by the public and elected officials. Although high implementation costs and privacy issues are alleviated as appropriate technologies are developed, the concerns that congestion pricing will adversely affect low-income travelers remain. In this paper, we use a strategic transportation planning model calibrated for the Washington, DC, metropolitan area to compare the welfare and distributional effects of three pricing schemes: value pricing (HOT lanes), limited congestion pricing, and comprehensive congestion pricing. We find that social welfare gains from HOT lanes amount to three-quarters of those from the comprehensive road pricing. At the same time, a HOT lanes policy turns out to be much more equitable than other road pricing schemes, with all income groups strictly benefiting even before the toll revenue is recycled.
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Paper provided by Resources For the Future in its series Discussion Papers with number
dp-03-57.
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Date of creation: 01 Oct 2003Date of revision:
Handle: RePEc:rff:dpaper:dp-03-57Contact details of provider: Web page: http://www.rff.org More information through EDIRC
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Keywords: traffic congestion ; congestion pricing ; value pricing ; HOT lanes ; HOV lanes ; Other versions of this item:
Article Safirova, Elena & Gillingham, Kenneth & Parry, Ian & Nelson, Peter & Harrington, Winston & Mason, David, 2004.
"8. Welfare And Distributional Effects Of Road Pricing Schemes For Metropolitan Washington Dc ,"
Research in Transportation Economics ,
Elsevier, vol. 9(1), pages 179-206, January.
[Downloadable!] (restricted) Find related papers by JEL classification: R40 - Urban, Rural, and Regional Economics - - Transportation Systems - - - General R41 - Urban, Rural, and Regional Economics - - Transportation Systems - - - Transportation: Demand, Supply, and Congestion R48 - Urban, Rural, and Regional Economics - - Transportation Systems - - - Government Pricing; Regulatory Policies H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Harrington, Winston & Krupnick, Alan J. & Alberini, Anna, 2001.
"Overcoming public aversion to congestion pricing ,"
Transportation Research Part A: Policy and Practice ,
Elsevier, vol. 35(2), pages 87-105, February.
[Downloadable!] (restricted)
Other versions: Small, Kenneth A. & Yan, Jia, 2001.
"The Value of "Value Pricing" of Roads: Second-Best Pricing and Product Differentiation ,"
Journal of Urban Economics ,
Elsevier, vol. 49(2), pages 310-336, March.
[Downloadable!] (restricted)
Other versions:
Small, Kenneth & Yan, Jia, 2000.
"The Value of "Value Pricing" of Roads: Second-Best Pricing and Product Differentiation ,"
Discussion Papers
dp-00-08, Resources For the Future.
[Downloadable!] Small, K.A. & Yan, J., 1999.
"The Value of "Value Princing" of Roads: Second-Best Pricing and Product Differentiation ,"
Papers
99-00-02, California Irvine - School of Social Sciences.
Liu, Louie Nan & McDonald, John F., 1998.
"Efficient Congestion Tolls in the Presence of Unpriced Congestion: A Peak and Off-Peak Simulation Model ,"
Journal of Urban Economics ,
Elsevier, vol. 44(3), pages 352-366, November.
[Downloadable!] (restricted)
Verhoef, Erik T., 2002.
"Second-best congestion pricing in general networks. Heuristic algorithms for finding second-best optimal toll levels and toll points ,"
Transportation Research Part B: Methodological ,
Elsevier, vol. 36(8), pages 707-729, September.
[Downloadable!] (restricted)
Small, Kenneth A., 1983.
"The incidence of congestion tolls on urban highways ,"
Journal of Urban Economics ,
Elsevier, vol. 13(1), pages 90-111, January.
[Downloadable!] (restricted)
Ison, S., 2000.
"Local authority and academic attitudes to urban road pricing: a UK perspective ,"
Transport Policy ,
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Erik T. Verhoef, 2000.
"Second-Best Congestion Pricing in General Networks - Algorithms for Finding Second-Best Optimal Toll Levels and Toll Points ,"
Tinbergen Institute Discussion Papers
00-084/3, Tinbergen Institute.
[Downloadable!]
Kenneth A. Small & Clifford Winston & Jia Yan, 2005.
"Uncovering the Distribution of Motorists' Preferences for Travel Time and Reliability ,"
Econometrica ,
Econometric Society, vol. 73(4), pages 1367-1382, 07.
[Downloadable!] (restricted)
Parry, Ian W. H. & Bento, Antonio, 2002.
"Estimating the Welfare Effect of Congestion Taxes: The Critical Importance of Other Distortions within the Transport System ,"
Journal of Urban Economics ,
Elsevier, vol. 51(2), pages 339-365, March.
[Downloadable!] (restricted)
Other versions: Mayeres, Inge & Proost, Stef, 1997.
" Optimal Tax and Public Investment Rules for Congestion Type of Externalities ,"
Scandinavian Journal of Economics ,
Blackwell Publishing, vol. 99(2), pages 261-79, June.
[Downloadable!] (restricted)
Vickrey, William S, 1969.
"Congestion Theory and Transport Investment ,"
American Economic Review ,
American Economic Association, vol. 59(2), pages 251-60, May.
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Gerard de Jong & Hugh Gunn, 2001.
"Recent Evidence on Car Cost and Time Elasticities of Travel Demand in Europe ,"
Journal of Transport Economics and Policy ,
London School of Economics and University of Bath, vol. 35(2), pages 137-160, May.
[Downloadable!] (restricted)
Parry, I. W. H., 2002.
"Comparing the efficiency of alternative policies for reducing traffic congestion ,"
Journal of Public Economics ,
Elsevier, vol. 85(3), pages 333-362, September.
[Downloadable!] (restricted)
Other versions: Parry, Ian W H & Bento, Antonio, 2001.
" Revenue Recycling and the Welfare Effects of Road Pricing ,"
Scandinavian Journal of Economics ,
Blackwell Publishing, vol. 103(4), pages 645-71, December.
[Downloadable!] (restricted)
Other versions:
Parry, Ian W.H. & Bento, Antonio Miguel R., 1999.
"Revenue recycling and the welfare effects of road pricing ,"
Policy Research Working Paper Series
2253, The World Bank.
[Downloadable!] Parry, Ian & Bento, Antonio, 1999.
"Revenue Recycling and the Welfare Effects of Road Pricing ,"
Discussion Papers
dp-99-45, Resources For the Future.
[Downloadable!]
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Nelson, Peter & Bagliano, Andrew & Harrington, Winston & Safirova, Elena & Lipman, Abram, 2006.
"Transit in Washington, D.C.: Current Benefits and Optimal Level of Provision ,"
Discussion Papers
dp-06-21, Resources For the Future.
[Downloadable!]
Other versions:
Nelson, Peter & Baglino, Andrew & Harrington, Winston & Safirova, Elena & Lipman, Abram, 2007.
"Transit in Washington, DC: Current benefits and optimal level of provision ,"
Journal of Urban Economics ,
Elsevier, vol. 62(2), pages 231-251, September.
[Downloadable!] (restricted) Safirova, Elena A. & Houde, Sébastien & Harrington, Winston, 2007.
"Spatial Development and Energy Consumption ,"
Discussion Papers
dp-07-51, Resources For the Future.
[Downloadable!]
Safirova, Elena A. & Houde, Sébastien & Lipman, D. Abram & Harrington, Winston & Bagliano, Andrew D., 2006.
"Congestion Pricing: Long-Term Economic and Land-Use Effects ,"
Discussion Papers
dp-06-37, Resources For the Future.
[Downloadable!]
Tim Callan & Sean Lyons & Sue Scott & Richard S. J. Tol & Stefano Verde, 2008.
"The Distributional Implications of a Carbon Tax in Ireland ,"
Papers
WP250, Economic and Social Research Institute (ESRI).
[Downloadable!]
Other versions:
Callan, Tim & Lyons, Sean & Scott, Susan & Tol, Richard S.J. & Verde, Stefano, 2009.
"The distributional implications of a carbon tax in Ireland ,"
Energy Policy ,
Elsevier, vol. 37(2), pages 407-412, February.
[Downloadable!] (restricted)
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