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Durrmeyer, Isis
and Martinez Franco, Nicolas
(2024)
The welfare consequences of urban traffic regulations.
TSE Working Paper, n. 22-1378, Toulouse
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Abstract
We develop and estimate a structural model of urban transportation to evaluate traffic-reducing policies in Paris. Individuals choose transportation mode and departure time subject to heterogeneous preferences, scheduling constraints, and congestion technologies that vary across city zones. We find that mode switching dominates temporal substitution, limiting concerns about trip rescheduling undermining the effectiveness of peak-hour interventions. All policies reduce consumer surplus, as speed gains never offset their costs, but toll-based instruments generate welfare gains through revenue redistribution. The per-kilometer toll achieves, on average, 77.5% of first-best welfare gains across stringency levels.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Language: | English |
| Date: | December 2024 |
| Place of Publication: | Toulouse |
| Uncontrolled Keywords: | structural model, policy evaluation, transportation, congestion, distributional effects, air pollution |
| JEL Classification: | L9 - Industry Studies - Transportation and Utilities Q52 - Pollution Control Adoption Costs; Distributional Effects; Employment Effects R41 - Transportation - Demand, Supply, and Congestion; Safety and Accidents; Transportation Noise |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Institution: | Université Toulouse 1 Capitole |
| Site: | UT1 |
| Date Deposited: | 09 Nov 2022 13:34 |
| Last Modified: | 23 Jul 2026 07:35 |
| OAI Identifier: | oai:tse-fr.eu:127467 |
| URI: | https://publications.ut-capitole.fr/id/eprint/46412 |
