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Estimating Urban Road Congestion Costs

Author

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  • Newbery, David M

    (University of Cambridge)

  • Georgina Santos

Abstract

Economists wishing to analyse road congestion and road pricing have usually relied on link-based speed-flow relationships. These may provide a poor description of urban congestion, which mainly arises from delays at intersections. Using the simulation model SATURN, we investigate the second-best proportional traffic reduction and find that linear speed-flow relations describe network flows quite well in eight English towns, though the predicted congestion costs and charges overstate those apparently required in our second best model. We then confront the results with feasible optimal cordon charges, and find them reasonably correlated, but imperfect predictors.

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  • Newbery, David M & Georgina Santos, 2002. "Estimating Urban Road Congestion Costs," Royal Economic Society Annual Conference 2002 147, Royal Economic Society.
  • Handle: RePEc:ecj:ac2002:147
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    Cited by:

    1. Martin Koning, 2009. "La congestion du boulevard périphérique parisien : Estimations, évolution 2000-2007, discussions," Post-Print halshs-00363389, HAL.
    2. Chris Nash & Jeremy Shires & Heike Link, 2010. "Quantifizierung der sozialen Grenzkosten des Straßenverkehrs: welches sind die wichtigsten Komponenten?," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 79(2), pages 13-38.
    3. Georgina Santos & Laurent Rojey, 2004. "Distributional impacts of road pricing: The truth behind the myth," Transportation, Springer, vol. 31(1), pages 21-42, February.

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