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Non-recurrent congestion is frequently caused by accidents and other incidents. We estimate the causal effect of incident duration on drivers’ time losses through changes in non-recurrent road congestion on Dutch highways. We demonstrate that incident duration has a strong positive, but...
Persistent link: https://www.econbiz.de/10014155599
Residents are often offered on-street parking at a fraction of the market price which may cause excess car ownership. However, residential parking costs are difficult to observe, so we propose an approach to estimate implicit residential parking costs and then examine the effect of these costs...
Persistent link: https://www.econbiz.de/10012890610
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One of the main unanswered questions in the field of urban economics is to which extent subsidies to public transit are justified. We examine one of the main benefits of public transit, a reduction in car congestion externalities, the so-called congestion relief benefit, using quasi-natural...
Persistent link: https://www.econbiz.de/10010477114
Persistent link: https://www.econbiz.de/10010438132
The provision of public transit is thought to reduce travel time losses that are due to car congestion. For this reason, it is economically justified to subsidise public transit from a welfare perspective as it creates a congestion-relief benefit. The main goal of this paper is to quantify the...
Persistent link: https://www.econbiz.de/10011484448
Persistent link: https://www.econbiz.de/10011636456
One of the main unanswered questions in the field of urban economics is to which extent subsidies to public transit are justified. We examine one of the main benefits of public transit, a reduction in car congestion externalities, the so-called congestion relief benefit, using quasi-natural...
Persistent link: https://www.econbiz.de/10013029805
We examine the eff ectof citywide parking policy on parking and traffic demand. Using a large increase in on-street parking prices for the city of Amsterdam, we show that the policy caused a substantial drop in on-street parking demand, which is not off set by an increase in off -street demand....
Persistent link: https://www.econbiz.de/10013239089