Replication data for: Efficiency and Substitutability of Transit Subsidies and Other Urban Transport Policies

Principal Investigator(s): View help for Principal Investigator(s) Leonardo J. Basso; Hugo E. Silva

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Project Citation:

Basso, Leonardo J., and Silva, Hugo E. Replication data for: Efficiency and Substitutability of Transit Subsidies and Other Urban Transport Policies. Nashville, TN: American Economic Association [publisher], 2014. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114878V1

Project Description

Summary: This paper analyzes the efficiency of and the substitutability between three urban congestion management policies: transit subsidization, car congestion pricing, and dedicated bus lanes. The model features user heterogeneity, cross-congestion effects between cars and transit, intertemporal and total transport demand elasticities, and is simulated using data for London, UK and Santiago, Chile. We find that the substitutability between policies is large and, in particular, the marginal contribution of increased transit subsidies, as other policies are implemented first, diminishes rapidly. Bus lanes are an attractive way to increase frequencies and decrease fares without injecting public funds.

Scope of Project

JEL Classification:
      L92 Railroads and Other Surface Transportation
      L98 Industry Studies: Utilities and Transportation: Government Policy
      O18 Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
      R42 Transportation Economics: Government and Private Investment Analysis; Road Maintenance, Transportation Planning
      R48 Transportation Economics: Government Pricing and Policy

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Published Versions

V1 [2019-10-13]

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