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Motorways, tolls and road safety.Evidence from European Panel Data

  • Daniel Albalate

    ()

    (Faculty of Economics, University of Barcelona)

  • Germa Bel

    ()

    (Faculty of Economics, University of Barcelona)

The use of tolls is being widespread around the world. Its ability to fund infrastructure projects and to solve budget constraints have been the main rationale behind its renewed interest. However, less attention has been payed to the safety effects derived from this policy in a moment of increasing concern on road fatalities. Pricing best infrastructures shifts some drivers onto worse alternative roads usually not prepared to receive high traffic in comparable safety standards. In this paper we provide evidence of the existence of this perverse consequence by using an international European panel in a two way fixed effects estimation.

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File URL: http://www.ub.edu/irea/working_papers/2008/200802.pdf
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Paper provided by University of Barcelona, Research Institute of Applied Economics in its series IREA Working Papers with number 200802.

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Length: 18 pages
Date of creation: Feb 2008
Date of revision: Feb 2008
Handle: RePEc:ira:wpaper:200802
Contact details of provider: Postal: Tinent Coronel Valenzuela, Num 1-11 08034 Barcelona
Web page: http://www.ub.edu/irea/

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  1. AndrÊ de Palma & Robin Lindsey, 2000. "Private toll roads: Competition under various ownership regimes," The Annals of Regional Science, Springer, vol. 34(1), pages 13-35.
  2. Newbery, David M G, 1987. "Road User Charges in Britain," CEPR Discussion Papers 174, C.E.P.R. Discussion Papers.
  3. Antonio Estache & Ginés de Rus, 2000. "Privatization and Regulation of Transport Infrastructures: Guidelines for Policymakers and Regulators," ULB Institutional Repository 2013/44116, ULB -- Universite Libre de Bruxelles.
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  8. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1999. "Toll competition among congested roads," Documentos de Trabajo 54, Centro de Economía Aplicada, Universidad de Chile.
  9. Olszewski, Piotr & Xie, Litian, 2005. "Modelling the effects of road pricing on traffic in Singapore," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(7-9), pages 755-772.
  10. 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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  13. May, A. D. & Milne, D. S., 2000. "Effects of alternative road pricing systems on network performance," Transportation Research Part A: Policy and Practice, Elsevier, vol. 34(6), pages 407-436, August.
  14. Georgina Santos, 2004. "Urban Congestion Charging: A Second-Best Alternative," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 38(3), pages 345-369, September.
  15. Daniel Albalate & Germa Bel & Xavier Fageda, 2007. "Privatization and regulation of toll motorways in europe," IREA Working Papers 200704, University of Barcelona, Research Institute of Applied Economics, revised Mar 2007.
  16. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1996. "Second-Best Congestion Pricing: The Case of an Untolled Alternative," Journal of Urban Economics, Elsevier, vol. 40(3), pages 279-302, November.
  17. Daniel Eisenberg, 2003. "Evaluating the effectiveness of policies related to drunk driving," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 22(2), pages 249-274.
  18. Daniel Albalate, 2007. "Shifting Death to their Alternatives: The Case of Toll Motorways," Working Papers XREAP2007-09, Xarxa de Referència en Economia Aplicada (XREAP), revised Oct 2007.
  19. Kopits, Elizabeth & Cropper, Maureen, 2003. "Traffic fatalities and economic growth," Policy Research Working Paper Series 3035, The World Bank.
  20. Daniel Albalate, 2008. "Lowering blood alcohol content levels to save lives: The European experience," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 27(1), pages 20-39.
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