English, Article, Journal or magazine article edition: Congestion Tolling with Agglomeration Externalities Richard Arnott

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Bookmark: http://trove.nla.gov.au/version/72967
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Congestion Tolling with Agglomeration Externalities
Author
  • Richard Arnott
Physical Description
  • preprint
Notes
  • Consider an urban economy with two types of externalities, negative traffic congestion externalities and positive agglomeration externalities deriving from non-market interaction. Suppose that urban travel can be tolled, that non-market interaction cannot be subsidized, and that non-market interaction is stimulated by a reduction in travel costs. Then the optimal toll is below the congestion externality cost. This paper explores this line of reasoning.
  • congestion, congestion toll, agglomeration, externalities
  • RePEc:boc:bocoec:660
Language
  • English
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