{"title":"The economics of regional railway regulation under vertical separation","authors":"Antonio Scialà , Francesca Stroffolini","doi":"10.1016/j.ecotra.2024.100344","DOIUrl":"https://doi.org/10.1016/j.ecotra.2024.100344","url":null,"abstract":"<div><p>We provide a model of local railway passengers service able to account for the main specific characteristics of the sector under vertical separation. Afterwards, we use this model to carry out both a normative analysis of the operators’ investment decisions and an assessment of the welfare effects of simple regulatory instruments. We show that, because of the information asymmetry of train operating company about the productivity of the infrastructure manager, the introduction of a regulatory instrument inducing the former to internalize the effect of her investment on the latter’s cost of providing access may be welfare reducing.</p></div>","PeriodicalId":45761,"journal":{"name":"Economics of Transportation","volume":"37 ","pages":"Article 100344"},"PeriodicalIF":2.8,"publicationDate":"2024-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2212012224000030/pdfft?md5=8625aa177089b651a3ff34a4fdf214d7&pid=1-s2.0-S2212012224000030-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139653336","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The effect of front-end vehicle height on pedestrian death risk","authors":"Justin Tyndall","doi":"10.1016/j.ecotra.2024.100342","DOIUrl":"https://doi.org/10.1016/j.ecotra.2024.100342","url":null,"abstract":"<div><p>Pedestrian deaths in the US have risen in recent years. Concurrently, US vehicles have increased in size, which may pose a safety risk for pedestrians. In particular, the increased height of vehicle front-ends may present a danger for pedestrians in a crash, as the point of vehicle contact is more likely to occur at the pedestrian’s chest or head. I merge US crash data with a public data set on vehicle dimensions to test for the impact of vehicle height on the likelihood that a struck pedestrian dies. After controlling for crash characteristics, I estimate a 10 cm increase in the vehicle’s front-end height is associated with a 22% increase in fatality risk. I estimate that a cap on front-end vehicle heights of 1.25 m would reduce annual US pedestrian deaths by 509.</p></div>","PeriodicalId":45761,"journal":{"name":"Economics of Transportation","volume":"37 ","pages":"Article 100342"},"PeriodicalIF":2.8,"publicationDate":"2024-01-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2212012224000017/pdfft?md5=6008f81796447ff9038f42c9527f7ace&pid=1-s2.0-S2212012224000017-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139503357","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Liberalizing passenger rail: The effect of competition on local unemployment","authors":"Ondřej Badura , Aleš Melecký , Martin Melecký","doi":"10.1016/j.ecotra.2023.100334","DOIUrl":"https://doi.org/10.1016/j.ecotra.2023.100334","url":null,"abstract":"<div><p>Competitive passenger rail can help people access new or better jobs or bring new business opportunities. This paper studies the wider economic impacts on local unemployment of the liberalized passenger rail between Ostrava, the third-biggest city in the Czech Republic, and Prague, its capital. The local impacts are estimated at the LAU 1 level (administrative districts) using the event study and difference-in-differences method. The liberalization motivated the entry of two new private providers to compete with the public provider. The resulting competition in ticket prices, the number of connections, and service quality had a strong beneficial effect on labor market connectivity and business opportunities in connected districts. It significantly reduced unemployment in the districts along the rail line compared with the control districts. The effect, however, weakens with the level of urbanization of the treated district and with the distance from the rail. It could partly be transmitted through better skill matching on the back of higher inward and outward migration, higher firm entry and lower firm exit from the local market, as well as more business opportunities for self-employed entrepreneurs.</p></div>","PeriodicalId":45761,"journal":{"name":"Economics of Transportation","volume":"36 ","pages":"Article 100334"},"PeriodicalIF":2.8,"publicationDate":"2023-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134656278","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"When do traffic reports make traffic better?","authors":"Jim Wiseman , Thomas Wiseman","doi":"10.1016/j.ecotra.2023.100333","DOIUrl":"https://doi.org/10.1016/j.ecotra.2023.100333","url":null,"abstract":"<div><p>We present a simple dynamic traffic model to study whether public information about road conditions increases or decreases travel times. We find that the effect depends on comparing (1) the increase in travel time when a road with a pre-existing delay becomes congested, and (2) the corresponding increase on a road with no pre-existing delay. Traffic reports are helpful when the first value is large relative to the second. Surprisingly, they are less useful when total road capacity is sufficient to potentially accommodate all drivers without congestion. In that case, traffic reports are always harmful in the nonatomic limit as individual drivers become negligible.</p></div>","PeriodicalId":45761,"journal":{"name":"Economics of Transportation","volume":"36 ","pages":"Article 100333"},"PeriodicalIF":2.8,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49703760","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Post privatization of high-speed rail with corporate social responsibility (CSR) in an international transportation market: Mandatory CSR versus voluntary CSR","authors":"Lili Xu , Qinghong Zhao , Yuyan Chen , Sang-Ho Lee","doi":"10.1016/j.ecotra.2023.100323","DOIUrl":"10.1016/j.ecotra.2023.100323","url":null,"abstract":"<div><p>This study considers an international transportation market wherein a high-speed rail (HSR) firm engaging in corporate social responsibility (CSR) competes with both domestic and foreign airlines with differentiated services. We investigate and compare two CSR types, mandatory CSR, imposed by the government, and voluntary CSR, chosen by the HSR operator, and show that mandatory CSR can be lower or higher than voluntary CSR, depending on the transportation subsidy types offered. With uniform subsidies, mandatory CSR together with a higher subsidy is lower than voluntary CSR, which yields higher profits for domestic firms and higher social welfare, while the opposite result can be found with discriminatory subsidies. We further explore the welfare effect of HSR privatization policies with CSR activities. We find that irrespective of the CSR types and subsidy types, privatization with subsidies always improves social welfare; however, privatization with mandatory (voluntary) CSR improves (reduces) social welfare in the absence of subsidies. These findings suggest that post-privatization with CSR activities may be harmful to society without an appropriately designed subsidy policy and should be monitored by antitrust agencies.</p></div>","PeriodicalId":45761,"journal":{"name":"Economics of Transportation","volume":"35 ","pages":"Article 100323"},"PeriodicalIF":2.8,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44452304","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Revisiting the Pigouvian tax in urban roads: Housing supply restrictions, leaking profits and spatial inequality","authors":"Ioannis Tikoudis","doi":"10.1016/j.ecotra.2023.100324","DOIUrl":"10.1016/j.ecotra.2023.100324","url":null,"abstract":"<div><p>I examine road taxes in a polycentric city where congestion coexists with housing supply restrictions. Despite the quantity distortion that housing supply constraints cause, I show that the socially optimal tax for using a road is still its marginal external cost. However, the artificial housing scarcity generates potential profits, which are either accrued by the construction sector or absorbed by raising land prices. If land rents and developer profits are not fully recycled within the urban area, the Pigouvian road tax ceases to maximize the welfare of that area. To maximize local welfare, road tolls should then lie below (above) their Pigouvian level insofar as they increase (decrease) housing demand in areas where supply cannot be adjusted upwards. I derive analytical formulas for the impact of other spatially relevant aspects on the optimal road tax. Property taxes and spatially invariant lump-sum transfers can both render the Pigouvian rule for taxing road externalities suboptimal.</p></div>","PeriodicalId":45761,"journal":{"name":"Economics of Transportation","volume":"35 ","pages":"Article 100324"},"PeriodicalIF":2.8,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44203986","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Do increased speeding fines save lives?","authors":"Jane M. Fry","doi":"10.1016/j.ecotra.2023.100311","DOIUrl":"10.1016/j.ecotra.2023.100311","url":null,"abstract":"<div><p>On 24 April 2017, fines for the most serious speeding offences increased from 100% to 150% of relevant weekly income in England and Wales. In this paper we establish whether this policy saved lives. Using data on all road accidents reported to police we evaluate the effects of this increased financial penalty using a two-year bandwidth and applying Regression Discontinuity in Time and Difference-in-Difference methods. Overall, we find no evidence of reduced serious or fatal accidents following the policy, indicating most drivers are not significantly changing their risky behaviours when confronted with higher penalties. There is, however, some evidence of fewer accidents in more economically advantaged areas. This suggests that drivers are responding to the amount of the fine increase rather than the income share and wealthier drivers are therefore more affected.</p></div>","PeriodicalId":45761,"journal":{"name":"Economics of Transportation","volume":"34 ","pages":"Article 100311"},"PeriodicalIF":2.8,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44542719","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Daniel Hörcher , Bruno De Borger , Daniel J. Graham
{"title":"Subsidised transport services in a fiscal federation: Why local governments may be against decentralised service provision","authors":"Daniel Hörcher , Bruno De Borger , Daniel J. Graham","doi":"10.1016/j.ecotra.2023.100312","DOIUrl":"10.1016/j.ecotra.2023.100312","url":null,"abstract":"<div><p>In this paper we consider a fiscal federation and study the effects of decentralised provision of <em>loss-generating</em><span><span> public services with benefit spillovers to other regions. We use </span>public transport<span> provision across administrative borders as a prototype example. We show in a formal model that local governments might be better off when a higher-level government or a neighbouring region provides these services, and even privatisation to a monopolist can be preferred over decentralisation. Our model reveals that these results are governed by a variant of the tax exporting mechanism that applies to subsidised services, i.e., the possibility that local consumers can exploit spillover benefits without contributing to the subsidy burden of service provision. Public transport provision is one of the large sectors of public policy where decentralisation could provide social benefits, but, as the paper reveals, the need for subsidies generates a genuine conflict of interest between the governments involved.</span></span></p></div>","PeriodicalId":45761,"journal":{"name":"Economics of Transportation","volume":"34 ","pages":"Article 100312"},"PeriodicalIF":2.8,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44241657","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Andrés Fielbaum , Alejandro Tirachini , Javier Alonso-Mora
{"title":"Economies and diseconomies of scale in on-demand ridepooling systems","authors":"Andrés Fielbaum , Alejandro Tirachini , Javier Alonso-Mora","doi":"10.1016/j.ecotra.2023.100313","DOIUrl":"10.1016/j.ecotra.2023.100313","url":null,"abstract":"<div><p>We analyse the sources of economies and diseconomies of scale in On-Demand Ridepooling (ODRP), disentangling three effects: when demand grows, average costs are reduced due to <em>i</em>) a larger fleet that diminishes waiting and walking times (<em>Mohring Effect</em>), and <em>ii</em>) matching users with more similar routes (<em>Better-matching Effect</em>). A counter-balance force (<em>Extra-detour Effect</em>), occurs when <em>iii</em><span>) the number of passengers per vehicle increases and users face longer detours. At low demand levels, there is little sharing and the Mohring effect prevails; as demand grows, more passengers per vehicle push for the Extra-detour Effect to dominate; eventually, vehicles run at capacity, and the Better-matching Effect prevails. The last two effects are specific to ODRP as the routes are not fixed but adapted online. Our simulations show that considering both users' and operators’ costs, scale economies prevail, and that ODRP with human-driven vehicles and walks allowed has total costs similar to door-to-door systems with driverless vehicles.</span></p></div>","PeriodicalId":45761,"journal":{"name":"Economics of Transportation","volume":"34 ","pages":"Article 100313"},"PeriodicalIF":2.8,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49359027","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Bruno T. Rocha , Patrícia C. Melo , Nuno Afonso , João de Abreu e Silva
{"title":"The local impacts of building a large motorway network: Urban growth, suburbanisation, and agglomeration","authors":"Bruno T. Rocha , Patrícia C. Melo , Nuno Afonso , João de Abreu e Silva","doi":"10.1016/j.ecotra.2023.100302","DOIUrl":"10.1016/j.ecotra.2023.100302","url":null,"abstract":"<div><p>Portugal moved from having less than 200 km of motorways in the early 1980s to having the fourth highest motorway density relative to population in the European Union in 2019. This paper studies the relationship between the development of the Portuguese motorway network between 1981 and 2011 and the growth of population and employment at the local level. We address the endogeneity of the geography of motorways using instrumental variables based on a map of dirt roads from the late 18th century and the main roads of a 1945 road plan. Our findings suggest that, on average, motorways caused large increases in population – and even larger increases in employment – in the municipalities that received them. We also find that motorways contributed to suburbanisation, as the impact of motorways on population growth (but not on employment growth) is stronger in suburban municipalities. Another important nonlinearity is that motorways appear to have influenced urban agglomeration dynamics, as their effect on the growth of the local population between 1981 and 2011 depends on the size of the local population in 1970.</p></div>","PeriodicalId":45761,"journal":{"name":"Economics of Transportation","volume":"34 ","pages":"Article 100302"},"PeriodicalIF":2.8,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43247277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}