Welfare losses of road congestion: Evidence from Rome

We estimate the marginal external cost and welfare losses due to congestion for a large number of roads in Rome, Italy. We show that the marginal external cost is substantial, equaling about two thirds of the private time cost of travel. About one third of this cost is borne by public transport user...

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Veröffentlicht in:	Regional science and urban economics 2021-07, Vol.89, p.103692, Article 103692
Hauptverfasser:	Russo, Antonio, Adler, Martin W., Liberini, Federica, van Ommeren, Jos N.
Format:	Artikel
Sprache:	eng
Schlagworte:	Cost analysis Deadweight loss Losses Marginal analysis Marginal external congestion costs Public transport Public transportation Traffic congestion Welfare
Online-Zugang:	Volltext
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