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The Economic Theory of Urban Traffic Congestion: A Microscopic Research Agenda

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  • Richard Arnott

    (Boston College
    Boston College)

Abstract

For presentation at CESifo Venice Summer Institute 2001, Workshop on Environmental Economics and the Economics of Congestion: Coping with Externalities, Venice International University, San Servolo, July 18-19,2001.

Suggested Citation

  • Richard Arnott, 2001. "The Economic Theory of Urban Traffic Congestion: A Microscopic Research Agenda," Boston College Working Papers in Economics 502, Boston College Department of Economics.
    • Handle: RePEc:boc:bocoec:502
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    References listed on IDEAS

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    1. Boyer, Marcel & Dionne, Georges, 1987. "The economics of road safety," Transportation Research Part B: Methodological, Elsevier, vol. 21(5), pages 413-431, October.
    2. Braid, Ralph M., 1996. "Peak-Load Pricing of a Transportation Route with an Unpriced Substitute," Journal of Urban Economics, Elsevier, vol. 40(2), pages 179-197, September.
    3. Bovenberg, A Lans & Goulder, Lawrence H, 1996. "Optimal Environmental Taxation in the Presence of Other Taxes: General-Equilibrium Analyses," American Economic Review, American Economic Association, vol. 86(4), pages 985-1000, September.
    4. Richard Arnott, 1994. "Alleviating Traffic Congestion: Alternatives to Road Pricing," Boston College Working Papers in Economics 282., Boston College Department of Economics.
    5. Frankena, Mark W., 1987. "Capital-biased subsidies, bureaucratic monitoring, and bus scrapping," Journal of Urban Economics, Elsevier, vol. 21(2), pages 180-193, March.
    6. Ngee-Choon Chia & Albert K. C. Tsui & John Whalley, 2001. "Ownership and Use Taxes as Congestion Correcting Instruments," NBER Working Papers 8278, National Bureau of Economic Research, Inc.
    7. Richard Arnott & An Yan, 2000. "The Two-Mode Problem: Second-Best Pricing and Capacity," Boston College Working Papers in Economics 474, Boston College Department of Economics.
    8. Bovenberg, A.L. & Goulder, L.H., 1996. "Optimal environmental taxation in the presence of other taxes : General equilibrium analyses," Other publications TiSEM 5d4b7517-c5c8-4ef6-ab76-3, Tilburg University, School of Economics and Management.
    9. Ahlstrand, Ingemar, 1998. "The rise and fall of the heroic transport plan for Stockholm," Transport Policy, Elsevier, vol. 5(4), pages 205-211, October.
    10. Gillen, David W., 1977. "Estimation and specification of the effects of parking costs on urban transport mode choice," Journal of Urban Economics, Elsevier, vol. 4(2), pages 186-199, April.
    11. Arnott, Richard & Rowse, John, 1999. "Modeling Parking," Journal of Urban Economics, Elsevier, vol. 45(1), pages 97-124, January.
    12. Bertrand, Trent J, 1977. "'Second Best' Congestion Taxes in Transportation Systems," Econometrica, Econometric Society, vol. 45(7), pages 1703-1715, October.
    13. Calfee, John & Winston, Clifford, 1998. "The value of automobile travel time: implications for congestion policy," Journal of Public Economics, Elsevier, vol. 69(1), pages 83-102, July.
    14. Glazer, Amihai & Niskanen, Esko, 1992. "Parking fees and congestion," Regional Science and Urban Economics, Elsevier, vol. 22(1), pages 123-132, March.
    15. Arnott, Richard & de Palma, Andre & Lindsey, Robin, 1993. "A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand," American Economic Review, American Economic Association, vol. 83(1), pages 161-179, March.
    16. Edward Calthrop & Stef Proost & Kurt van Dender, 2000. "Parking Policies and Road Pricing," Urban Studies, Urban Studies Journal Limited, vol. 37(1), pages 63-76, January.
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    Cited by:

    1. Proost, Stef & Dender, Kurt Van, 2008. "Optimal urban transport pricing in the presence of congestion, economies of density and costly public funds," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(9), pages 1220-1230, November.
    2. Zhi (Aaron) Cheng & Min-Seok Pang & Paul A. Pavlou, 2020. "Mitigating Traffic Congestion: The Role of Intelligent Transportation Systems," Information Systems Research, INFORMS, vol. 31(3), pages 653-674, September.
    3. David E. Boyce & Hani S. Mahmassani & Anna Nagurney, 2005. "A retrospective on Beckmann, McGuire and Winsten's Studies in the Economics of Transportation," Papers in Regional Science, Wiley Blackwell, vol. 84(1), pages 85-103, March.
    4. Edward Calthrop & Bruno De Borger & Stef Proost, 2007. "Externalities And Partial Tax Reform: Does It Make Sense To Tax Road Freight (But Not Passenger) Transport?," Journal of Regional Science, Wiley Blackwell, vol. 47(4), pages 721-752, October.

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    More about this item

    Keywords

    transportation; congestion;

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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