search query: @indexterm Social welfare / total: 200
reference: 6 / 200
| Author: | Yuen, A. Basso, L.J. Zhang, A. |
| Title: | Effects of gateway congestion pricing on optimal road pricing and hinterland |
| Journal: | Journal of Transport Economics and Policy
2008 : SEP, VOL 42:3 p.495-526 |
| Index terms: | congestion social welfare transport economics road transport pricing |
| Freeterms: | road tolls |
| Language: | eng |
| Abstract: | This research investigates the impacts of congestion pricing executed at a gateway (port or airport) on its hinterland's optimal road pricing, road congestion and social welfare. It is found that if the gateway maximises the joint profit of itself and its oligopoly carriers, its charge will rise, partly owing to congestion pricing. The increase in the gateway charge will result in lower road tolls, regardless of whether the road price discriminates between local and transit traffic (from or to the gateway). Nevertheless, while the change in road congestion is in general ambiguous, the hinterland's welfare will fall due to the increase in the gateway charge. |
SCIMA