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
Version: View help for Version V1
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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:
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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:
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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
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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