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Journal article

The London congestion charging

Abstract:

Traffic congestion is a textbook example of an externality and therefore calls for some government intervention if efficiency is to be achieved. Simple as road pricing may sound, it has seldom been adopted as a real world policy. With the exception of Singapore, which in 1975 implemented the first such measure, no other examples were to be found until February 2003, when London introduced a congestion charge for the privilege of driving in the central area. Many towns and cities around th...

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Publication status:
Published
Peer review status:
Reviewed (other)

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Publisher copy:
10.1353/urb.0.0003

Authors


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Institution:
University of Oxford
Division:
SSD
Department:
SOGE
Sub department:
Transport Studies Unit
Role:
Author
Publisher:
Brookings Institution Press Publisher's website
Journal:
Brookings Wharton Papers on Urban Affairs Journal website
Pages:
177-234
Publication date:
2008-01-01
DOI:
EISSN:
1533-4449
ISSN:
1528-7084
UUID:
uuid:c7f94a2a-ee68-4ba2-b95f-9ed0f6096d16
Local pid:
tsu:10241
Deposit date:
2014-11-25

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