The Feasibility of Traffic Congestion Pricing in Beijing

The traffic congestion in Beijing has bring a lot of negative effects.From economic analysis,we can see that congestion is mainly caused by the gap of private cost and social cost.Congestion pricing is an effective measure of traffic demand management to relieve traffic jam and has gain a special attention.The paper analysis the feasibility of traffic congestion pricing in Beijing with the view points of theoretical principle,economic effects,successful execution abroad and so on.As a result,the paper proves that traffic congestion pricing in Beijing is feasible and effective.Finally,the author tend to discuss several relevant measures and advices to solve the problems along with traffic congestion charge.