Welfare losses of road congestion: Evidence from Rome

We estimate the marginal external cost and welfare losses due to congestion for a large number of roads in Rome, Italy. We show that the marginal external cost is substantial, equaling about two thirds of the private time cost of travel. About one third of this cost is borne by public transport user...

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Bibliographic Details
Main Authors: Antonio Russo, Martin W Adler, Federica Liberini, Jos N van Ommeren
Format: Default Article
Published: 2021
Subjects:
Marginal external congestion costs
Deadweight loss
Public transport
Social Sciences
Science & Technology
Life Sciences & Biomedicine
Economics
Environmental Studies
Urban Studies
Business & Economics
Environmental Sciences & Ecology
ECONOMICS
MODEL
WORK
COST
Urban and Regional Planning
Applied Economics
Econometrics
Online Access:https://hdl.handle.net/2134/16627582.v1
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