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
50
19
views
downloads
Views 50
Downloads 19
Data volume 36.6 MB
Unique views 49
Unique downloads 18

Share

Cite as