Distributional Consequences Of Road Pricing Policies On A Network Representing A Real City
|Presenting Author:||Winston Harrington (Resources for the Future)|
|Coauthor 1:||David Mason|
|Coauthor 2:||Peter Nelson|
|Coauthor 3:||Elena Safirova|
An array of economic models concludes that congestion tolls are welfare-improving. However, implementation of congestion tolls in real world is hampered by many considerations. One of the strongest objections is based on a claim that while congestion tolls may improve overall social welfare, they would widen the gap between the rich and poor. Moreover, even among the non-poor the prospective “losers” from congestion pricing could outnumber the “winners.” Unfortunately, there is little evidence to support or refute these assertions. In this paper we attempt to examine distributional effects of a range of pricing policies on a real city network. A transportation-planning model is calibrated on the data for Washington, DC metro area and is used to compare the efficiency and distributional characteristics of several policies. Inter alia, we consider congestion tolls, fuel taxes, parking fees, HOT lanes, and cordon pricing and observe how they affect different population strata. Also, the paper looks at the case when different transportation policies are implemented in different parts of the metro area.
|Link to paper:||Not available|
|Session / Day / Time||16A / Thursday / 2:15 - 4:15 pm|
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