Journal article Open Access

The effects of road pricing on driver behavior and air pollution

Gibson, Matthew; Carnovale, Maria

Exploiting the natural experiment created by an unanticipated court injunction, we evaluate driver responses to road pricing. We find evidence of intertemporal substitution toward unpriced times and spatial substitution toward unpriced roads. The effect on traffic volume varies with public transit availability. Net of these responses, Milan's pricing policy reduces air pollution substantially, generating large welfare gains. In addition, we use long-run policy changes to estimate price elasticities.

Files (1.9 MB)
Name Size
article.pdf
md5:b184fdfe45995ef3845c00af5fbb8b1b
1.9 MB Download
62
27
views
downloads
Views 62
Downloads 27
Data volume 52.0 MB
Unique views 60
Unique downloads 24

Share

Cite as