The impact of the congestion charge on the retail business in London: An econometric analysis

Quddus, Mohammed; Bell, M.G.; Schmöcker, Jan-Dirk; Fonzone, Achille

doi:10.1016/j.tranpol.2007.04.008

Cited by 44 publications

(28 citation statements)

References 5 publications

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“…First of all, high charges for using urban roads or alternatively a cordon toll for entering city centres might result in accelerating urban flight of some groups. In particular households with a very mobile lifestyle might decide to move out of the city in order to reduce their travel costs (Banister, 2002), while retail inside toll zones might experience a negative impact on sales (Quddus et al, 2007). At the other hand, households which are less car oriented, while appreciating an urban atmosphere, may be inclined to move to the city.…”

Section: Possible Alternativesmentioning

confidence: 99%

Road pricing in a polycentric urban region: Analysing a pilot project in Belgium

Vos

2016

Transport Policy

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In order to cope with growing car use and congestion, academics often suggest road pricing as a way to reduce car use and internalise external costs (such as congestion and air pollution). However, implementations of road pricing schemes are rather limited and mainly focus on large cities (i.e., cordon charges). Recently, the three regional governments of Belgium − a highly urbanised and polycentric country -have commissioned a pilot project of an area-wide, time-and locationdifferentiated road pricing scheme, hence differentiating charges according to the time of the day and the type of road used. Results of this project indicate that kilometres travelled by car mainly reduce in urban areas, while car use on motorways only reduces to a limited degree. Furthermore, results indicate that urban residents adapt their travel behaviour more than suburban and rural residents, probably because urban dwellers have more alternatives to travel than driving personal cars only, especially on the short run. In this paper, we will analyse the preliminary outcomes of the conducted pilot project, look into the limitations of this project and suggest an alternative road pricing scheme.

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Section: Possible Alternativesmentioning

confidence: 99%

Road pricing in a polycentric urban region: Analysing a pilot project in Belgium

Vos

2016

Transport Policy

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“…4 Overall, these policies have effectively reduced congestion and increased traffic speeds (Quddus, Carmel and Bell, 2006), but they are still unable to perfectly price congestion due to area restrictions and vehicle exemptions and still face some privacy concerns (Goh, 2002). Although the electronic road pricing method of congestion pricing will likely become even more feasible in the future, current technology, infrastructure, and political and privacy concerns (Anderson and de Palma, 2004) have led researchers to pursue alternative methods to correctly price externalities (Verhoef, Nijkamp and Rietveld, 1995a).…”

Section: Related Literaturementioning

confidence: 99%

“…In practice this usually takes the form of a road pricing mechanism that attempts to charge users for the social cost they create. Road pricing has proven to be effective at reducing congestion, but has massive infrastructural costs and faces extreme public opposition (Quddus, Carmel and Bell, 2006;Goh, 2002). For this reason it is crucial to understand the effectiveness and potential role of alternative pricing mechanisms, such as parking fees or taxation, as a short-run solution to pricing congestion related externalities.…”

Section: Introductionmentioning

confidence: 99%

Parking Taxes as a Second Best Congestion Pricing Mechanism

Wilson

Miller

2015

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work is licensed under a Creative Commons IGO 3.0 AttributionNonCommercial-NoDerivatives (CC-IGO BY-NC-ND 3.0 IGO) license (http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ legalcode) and may be reproduced with attribution to the IDB and for any non-commercial purpose, as provided below. No derivative work is allowed.Any dispute related to the use of the works of the IDB that cannot be settled amicably shall be submitted to arbitration pursuant to the UNCITRAL rules. The use of the IDB's name for any purpose other than for attribution, and the use of IDB's logo shall be subject to a separate written license agreement between the IDB and the user and is not authorized as part of this CC-IGO license.Following a peer review process, and with previous written consent by the Inter-American Development Bank (IDB), a revised version of this work may also be reproduced in any academic journal, including those indexed by the American Economic Association's EconLit, provided that the IDB is credited and that the author(s) receive no income from the publication. Therefore, the restriction to receive income from such publication shall only extend to the publication's author(s). With regard to such restriction, in case of any inconsistency between the Creative Commons IGO 3.0 Attribution-NonCommercial-NoDerivatives license and these statements, the latter shall prevail.Note that link provided above includes additional terms and conditions of the license.

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“…Charging a toll on urban commuters tends to increase the cost of road travel, creating incentives for residents to relocate into the city and thus shrinking its spatial size and raising population density (Brueckner, 2007). Although such tolls may encourage a relocation of some economic activities to fringe locations, thus expanding demand for land and travel distances (Quddus et al, 2007), appropriate pricing mechanisms that reflect the environmental cost of land development should mitigate these effects.…”

Section: Land-use Planning Can Be Improvedmentioning

confidence: 99%

Policies to Rebalance Housing Markets in New Zealand

Cheung

2011

OECD Economics Department Working Papers

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The impact of the congestion charge on the retail business in London: An econometric analysis

Cited by 44 publications

References 5 publications

Road pricing in a polycentric urban region: Analysing a pilot project in Belgium

Road pricing in a polycentric urban region: Analysing a pilot project in Belgium

Parking Taxes as a Second Best Congestion Pricing Mechanism

Policies to Rebalance Housing Markets in New Zealand

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