Abstract
One treatment of congestion tolls is that when designed appropriately toll revenues just cover the capacity cost of transport facilities. We reexamine this proposition while embedding the transport network in the land market. We considerably extend the setting of the standard network model in several important ways and confirm the validity of the self-financing rule. At the same time, we extend the applicability of Yu and Rhee's (2011) analytical methodology for the Anas type land-use and transportation models.
| Translated title of the contribution | Congestion Tolls, Transport Capacity, and Financing: A General Equilibrium Approach |
|---|---|
| Original language | Korean |
| Pages (from-to) | 193-202 |
| Number of pages | 10 |
| Journal | 국토계획 |
| Volume | 49 |
| Issue number | 1 |
| DOIs | |
| State | Published - Feb 2014 |