[go: up one dir, main page]

IDEAS home Printed from https://ideas.repec.org/p/fem/femwpa/1999.4.html
   My bibliography  Save this paper

Road Pricing: Old Beliefs, Present Awareness and Future Research Patterns

Author

Listed:
  • Edoardo Marcucci

    (Istituto di Scienze Economiche, Universita' di Urbino, Italy)

Abstract
The theoretical evolution of academic beliefs and practical policymakers' perceptions of road pricing (from now on rp) as an instrument of efficient and equitable allocation of resources are described and analysed. The aim of the paper is to reconstruct the logical evolution of the theory behind rp in order to understand why there has been scarce policy impact in spite of a long theoretical tradition. In so doing I try to bring to the fore the fundamental issues that will have to be tackled by future research in order to generate consensus around this policy instrument. The paper is structured in four parts. In the first part the fundamental issues of a typical rp model are considered. Among the most important aspects one recalls: first-best/second-best environment, short/long term analysis, homogeneous/heterogeneous time evaluation, perfect/imperfect information, efficiency/equity analysis, use/non-use of resources generated, private/public transportation provision. In the second part the characterising parameters have been interpreted in the light of the Smeed Report of 1964 that can be considered representative of the "old belief". In the third part the "present awareness" is expressed by an analysis of the main contents of the book Internalising the Social Costs of Transport of 1993. In the fourth part some reflections on the most promising research areas for rp implementation and acceptance are put forward. Specific research will have to be conducted concerning social acceptability and feasibility, simultaneous cost internalisation, behavioural assumptions, information and pricing interconnections.

Suggested Citation

  • Edoardo Marcucci, 1999. "Road Pricing: Old Beliefs, Present Awareness and Future Research Patterns," Working Papers 1999.4, Fondazione Eni Enrico Mattei.
  • Handle: RePEc:fem:femwpa:1999.4
    as

    Download full text from publisher

    File URL: https://feem-media.s3.eu-central-1.amazonaws.com/wp-content/uploads/NDL1999-004.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Guesnerie, R., 1995. "The genealogy of modern theoretical public economics: From first best to second best," European Economic Review, Elsevier, vol. 39(3-4), pages 353-381, April.
    2. Novaco, Raymond W. & Stokols, Daniel & Milanesi, Louis, 1990. "Objective and Subjective Dimensions Of Travel Impedance as Determinants Of Commuting Stress," University of California Transportation Center, Working Papers qt5jq8164z, University of California Transportation Center.
    3. Segal, David & Steinmeier, Thomas L., 1980. "The incidence of congestion and congestion tolls," Journal of Urban Economics, Elsevier, vol. 7(1), pages 42-62, January.
    4. Verhoef, Erik T. & Emmerink, Richard H. M. & Nijkamp, Peter & Rietveld, Piet, 1996. "Information provision, flat and fine congestion tolling and the efficiency of road usage," Regional Science and Urban Economics, Elsevier, vol. 26(5), pages 505-529, August.
    5. Novaco, Raymond W. & Stokols, Daniel & Milanesi, Louis, 1990. "Objective and Subjective Dimensions Of Travel Impedance as Determinants Of Commuting and Stress," University of California Transportation Center, Working Papers qt10m3x16k, University of California Transportation Center.
    6. Boadway, Robin W, 1974. "The Welfare Foundations of Cost-Benefit Analysis," Economic Journal, Royal Economic Society, vol. 84(336), pages 926-939, December.
    7. Glazer, Amihai, 1981. "Congestion Tolls and Consumer Welfare," Public Finance = Finances publiques, , vol. 36(1), pages 77-83.
    8. Salomon, Ilan & Mokhtarian, Patricia L., 1997. "Coping with Congestion: Understanding the Gap Between Policy Assumptions and Behavior," University of California Transportation Center, Working Papers qt4bh3b670, University of California Transportation Center.
    9. Harberger, Arnold C, 1971. "Three Basic Postulates for Applied Welfare Economics: An Interpretive Essay," Journal of Economic Literature, American Economic Association, vol. 9(3), pages 785-797, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marco Percoco, 2016. "The impact of road pricing on accidents: a note on Milan," Letters in Spatial and Resource Sciences, Springer, vol. 9(3), pages 343-352, October.
    2. Galarraga, Ibon & Markandya, Anil, 2006. "A proposal to correct external effects in the coffee market: a tax on regular coffee and tea to subsidise the fair trade coffee," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 6(12), pages 1-23.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Udo Ebert, 1986. "Equity and distribution in cost-benefit analysis," Journal of Economics, Springer, vol. 5(1), pages 67-78, December.
    2. Junghwan Kim & Mei-Po Kwan, 2018. "Beyond Commuting: Ignoring Individuals’ Activity-Travel Patterns May Lead to Inaccurate Assessments of Their Exposure to Traffic Congestion," IJERPH, MDPI, vol. 16(1), pages 1-20, December.
    3. Arnaud Mertens & Philippe Van Kerm, 2023. "Commuting time and absenteeism: Evidence from a natural experiment," LISER Working Paper Series 2023-08, Luxembourg Institute of Socio-Economic Research (LISER).
    4. Georg Gottholmseder & Klaus Nowotny & Gerald J. Pruckner & Engelbert Theurl, 2009. "Stress perception and commuting," Health Economics, John Wiley & Sons, Ltd., vol. 18(5), pages 559-576, May.
    5. Bart Neuts & Peter Nijkamp & Eveline Van Leeuwen, 2012. "Crowding Externalities from Tourist Use of Urban Space," Tourism Economics, , vol. 18(3), pages 649-670, June.
    6. Ma, Liang & Ye, Runing, 2019. "Does daily commuting behavior matter to employee productivity?," Journal of Transport Geography, Elsevier, vol. 76(C), pages 130-141.
    7. Lars Olsson & Tommy Gärling & Dick Ettema & Margareta Friman & Satoshi Fujii, 2013. "Happiness and Satisfaction with Work Commute," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 111(1), pages 255-263, March.
    8. Bruno Frey & Alois Stutzer, 2014. "Economic Consequences of Mispredicting Utility," Journal of Happiness Studies, Springer, vol. 15(4), pages 937-956, August.
    9. Lorenz, Olga & Goerke, Laszlo, 2015. "Commuting and Sickness Absence," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113173, Verein für Socialpolitik / German Economic Association.
    10. Anindya Ghose & Hyeokkoo Eric Kwon & Dongwon Lee & Wonseok Oh, 2019. "Seizing the Commuting Moment: Contextual Targeting Based on Mobile Transportation Apps," Service Science, INFORMS, vol. 30(1), pages 154-174, March.
    11. Kim, Sang-O & Palm, Matthew & Han, Soojung & Klein, Nicholas J., 2023. "Facing a time crunch: Time poverty and travel behaviour in Canada," SocArXiv z6tvd, Center for Open Science.
    12. Shoup, Donald C. & Willson, Richard W., 1992. "Commuting, Congestion and Pollution: The Employer-Paid Parking Connection," University of California Transportation Center, Working Papers qt2f0485tp, University of California Transportation Center.
    13. Novaco, Raymond W. & Kliewer, Wendy & Broquet, Alexander, 1991. "Home Environment Consequences of Commute Travel Impedance," University of California Transportation Center, Working Papers qt1d5742g7, University of California Transportation Center.
    14. Kroesen, Maarten, 2022. "Working from home during the corona-crisis is associated with higher subjective well-being for women with long (pre-corona) commutes," Transportation Research Part A: Policy and Practice, Elsevier, vol. 156(C), pages 14-23.
    15. Mokhtarian, Patricia L. & Salomon, Ilan, 1997. "Modeling the desire to telecommute: The importance of attitudinal factors in behavioral models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 31(1), pages 35-50, January.
    16. Nie, Peng & Sousa-Poza, Alfonso, 2018. "Commute time and subjective well-being in urban China," China Economic Review, Elsevier, vol. 48(C), pages 188-204.
    17. Ignacio Gimenez-Nadal, J. & Molina, Jose Alberto & Velilla, Jorge, 2018. "The commuting behavior of workers in the United States: Differences between the employed and the self-employed," Journal of Transport Geography, Elsevier, vol. 66(C), pages 19-29.
    18. Randall, Alan, 1982. "Economic Surplus Concepts and Their Use in Benefit Cost Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 50(02), pages 1-29, August.
    19. Alois Stutzer & Bruno S. Frey, 2008. "Stress that Doesn't Pay: The Commuting Paradox," Scandinavian Journal of Economics, Wiley Blackwell, vol. 110(2), pages 339-366, June.
    20. Milakis, Dimitris & Cervero, Robert & van Wee, Bert & Maat, Kees, 2015. "Do people consider an acceptable travel time? Evidence from Berkeley, CA," Journal of Transport Geography, Elsevier, vol. 44(C), pages 76-86.

    More about this item

    Keywords

    Road pricing; Social Acceptability; Congestion; Congestion charging;
    All these keywords.

    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

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fem:femwpa:1999.4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alberto Prina Cerai (email available below). General contact details of provider: https://edirc.repec.org/data/feemmit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.