Double-sided analysis of urban traffic congestion pricing
Ting Wang
Abstract
Ting Wang
Abstract
With the rapid development of the society and economy,the number of private cars is on the rising and the problem of urban road congestion has becoming serious day by day.Traffic congestion pricing is an effective economic means of transportation demand management.The charge of crowded roads can make the external costs which generated by traffic congestion into internal costs and optimize allocation of resources of traffic.The advantages and a range of issues of traffic congestion pricing based on the analysis of economics principle,shows that traffic congestion pricing is a double-edged sword in the paper.And the paper proposes the enlightenment of implementation of China′s traffic congestion pricing.
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With the rapid development of the society and economy,the number of private cars is on the rising and the problem of urban road congestion has becoming serious day by day.Traffic congestion pricing is an effective economic means of transportation demand management.The charge of crowded roads can make the external costs which generated by traffic congestion into internal costs and optimize allocation of resources of traffic.The advantages and a range of issues of traffic congestion pricing based on the analysis of economics principle,shows that traffic congestion pricing is a double-edged sword in the paper.And the paper proposes the enlightenment of implementation of China′s traffic congestion pricing.
Key concepts: Singapore Area Licensing Scheme, Congestion pricing, Traffic congestion, Road pricing, Transport engineering, SWORD, Transport economics, China