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| Author: | Graham, D.J. Glaister, S. |
| Title: | Spatial implications of transport pricing |
| Journal: | Journal of Transport Economics and Policy
2006 : MAY, VOL. 40:2, p. 173-201 |
| Index terms: | pricing spatial economics transport United Kingdom |
| Language: | eng |
| Abstract: | The article describes spatial effects of transport pricing in England. Detailed results from a model developed to test a range of charging scenarios across England are presented. In developing these scenarios, use is made of the estimates of the marginal social costs of travel, exploring revenue raising and revenue neutral charging options. For each scenario, model results describe changes in traffic volumes and traffic speeds at a detailed spatial level. The results indicate that transport pricing can be used to effectively reduce traffic in congested times and places, and where environmental damage is greatest, while allowing other areas to enjoy the benefits of greater mobility at lower cost. |
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