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http://hdl.handle.net/2445/186849
Title: | Congestion in highways when tolls and railroads matter: Evidence from European cities |
Author: | García López, Miquel-Àngel Pasidis, Ilias Viladecans Marsal, Elisabet |
Keywords: | Enginyeria del trànsit Congestió del trànsit Planificació del transport Traffic engineering Traffic congestion Transportation planning |
Issue Date: | 1-Aug-2021 |
Publisher: | Oxford University Press |
Abstract: | Using data from the 545 largest European cities, we study whether the expansion of their highway capacity provides a solution to the problem of traffic congestion. Our results confirm that in the long run, and in line with the 'fundamental law of highway congestion', the expansion in cities of lane kilometers causes an increase in vehicle traffic that does not solve urban congestion. We disentangle the increase in traffic due to the increases in coverage and in capacity. We further introduce road pricing and public transit policies in order to test whether they moderate congestion. Our findings confirm that the induced demand is considerably smaller in cities with road pricing schemes, and that congestion decreases with the expansion of public transportation. |
Note: | Versió postprint del document publicat a: https://doi.org/10.1093/jeg/lbab025 |
It is part of: | Journal of Economic Geography, 2022, vol. 22, num. 5, p. 931-960 |
URI: | http://hdl.handle.net/2445/186849 |
Related resource: | https://doi.org/10.1093/jeg/lbab025 |
ISSN: | 1468-2702 |
Appears in Collections: | Articles publicats en revistes (Economia) |
Files in This Item:
File | Description | Size | Format | |
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712575.pdf | 8.18 MB | Adobe PDF | View/Open |
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