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This paper uses analytical and numerical models to illustrate how the presence of other distortions within the transport system changes the overall welfare effect of a congestion tax. These other distortions include a transit fare subsidy, congestion on competing (unpriced) routes, accident...
Persistent link: https://www.econbiz.de/10009445470
This paper explores the interactions between taxes on work-related traffic congestion and pre-existing distortionary taxes in the labor market. A congestion tax raises the overall costs of commuting to work and discourages labor force participation at the margin, when revenues are returned in...
Persistent link: https://www.econbiz.de/10009445501
Persistent link: https://www.econbiz.de/10010882386
This paper evaluates the welfare effects of in-situ slum upgrading and relocation programs using data for 5,000 households in Mumbai, India. We estimate a model of residential location choice in which households value the ethnic composition of neighborhoods and employment accessibility in...
Persistent link: https://www.econbiz.de/10010921145