Author, as appears in the article.: Fageda X; Flores-Fillol R; Theilen B
Department: Economia
URV's Author/s: Flores Fillol, Ricardo / Theilen, Bernd Georg
Keywords: Urban areas Quantity-based traffic restrictions Price-based traffic restrictions Pollution Low-emission zones Congestion urban areas transport quantity-based traffic restrictions price-based traffic restrictions policies lessons externalities driving restrictions demand congestion behavior air-pollution acceptability
Abstract: Pollution and congestion in urban areas are serious externalities that can be mitigated through the adoption of either price- or quantity-based mechanisms. While price restrictions are occasionally applied, quantity constraints based on car vintage are becoming increasingly popular. Our model provides a comprehensive analysis that explains this prevalence of quantity over price schemes. We also elucidate some other stylized facts observed in urban areas applying traffic restrictions, such as the implementation of hybrid price-and-quantity systems, the use of trial periods, the commitment to invest in public transit to enhance the acceptability of urban tolls, and the concentration of quantity restrictions in high-income cities.
Thematic Areas: Sociologia i política Management, monitoring, policy and law General o multidisciplinar Environmental studies Economics and econometrics Economics Economia Ciencias sociales Business
licence for use: https://creativecommons.org/licenses/by/3.0/es/
Author's mail: bernd.theilen@urv.cat ricardo.flores@urv.cat
Author identifier: 0000-0001-7141-2780 0000-0002-3506-1634
Record's date: 2024-07-27
Papper version: info:eu-repo/semantics/publishedVersion
Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
Papper original source: Journal Of Environmental Economics And Management. 115
APA: Fageda X; Flores-Fillol R; Theilen B (2022). Price versus quantity measures to deal with pollution and congestion in urban areas: A political economy approach. Journal Of Environmental Economics And Management, 115(), -. DOI: 10.1016/j.jeem.2022.102719
Article's DOI: 10.1016/j.jeem.2022.102719
Entity: Universitat Rovira i Virgili
Journal publication year: 2022
Publication Type: Journal Publications