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The effects of  decentralized capacity decisions for congested self-financed roads
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics Stockholm.
2013 (English)In: Transportation Research Part A: Policy and Practice, ISSN 0965-8564, E-ISSN 1879-2375, Vol. 56, 49-60 p.Article in journal (Refereed) Published
Abstract [en]

This paper studies the differences between centralized and decentralized decisions for capacity and road user charges on a congested self-financed road with local, national and international traffic. Road user charges are allowed only to cover the costs for providing the road with a specific capacity, and to cover external costs caused by traffic.

The road is either provided by the nation, or else this responsibility is decentralized to the community.The results of this paper show that it can matter significantly on what level such a decision is made. A decentralized decision leads to a total wellfare loss, and there is both a national and international interest for not decentralizing such decisions

Place, publisher, year, edition, pages
Elsevier, 2013. Vol. 56, 49-60 p.
Keyword [en]
Road pricing, Decentralization, Decision process, Financing, Capacity (road, footway), External effect, Economic justification
National Category
Economics
Research subject
00 Road: General works, surveys, comprehensive works, 02 Road: Economics
Identifiers
URN: urn:nbn:se:vti:diva-302DOI: 10.1016/j.tra.2013.08.005OAI: oai:DiVA.org:vti-302DiVA: diva2:664162
Available from: 2013-11-14 Created: 2013-11-14 Last updated: 2016-08-31Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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  • modern-language-association-8th-edition
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  • de-DE
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  • Other locale
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Output format
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