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Title:

An Empirical Analysis of the Pricing Structure of Toll Facilities Based on Social Costs of Driving by Vehicle Class and Its Effects on Traffic, Toll Revenue, Emission, and ESAL
Cover of An Empirical Analysis of the Pricing Structure of Toll Facilities Based on Social Costs of Driving by Vehicle Class and Its Effects on Traffic, Toll Revenue, Emission, and ESAL

Accession Number:

01516337

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

This study develops an analytical method to obtain toll rates for thirteen vehicle classes for seven toll facilities in Maryland, taking into account various social costs of driving automobiles. The model is comprised of two parts: (1) an equilibrium model to obtain non-peak period tolls that incorporates capital and maintenance costs of toll facilities, vehicle emission costs, and operating/maintenance costs incurred to vehicles due to uneven road surface, and (2) a model to estimate optimal congestion tolls for three facilities that currently experience congestion. The models are not a simple forward-moving model, but instead take into account the feedback effects of revised toll rates on traffic volume and social costs of driving. The analysis results show some expected results in the estimated tolls and their effects on vehicle traffic, toll revenue, emission, and Equivalent Single-Axle Loads (ESAL). While congestion tolls clearly show positive effects across three facilities, results related to estimated non-peak period tolls and their effects are not consistent across all facilities, depending on the relative magnitude of each social cost factor as well as the relative levels of current tolls. Results from the sensitivity analysis generally support the main results. These results reveal a lack of clear pattern in the current toll structure in relation to vehicle classes among facilities, and indicate possible cross-subsidies among facilities as well as among vehicle classes. Further research is warranted in order to achieve road pricing schemes that are more efficient and equitable.

Supplemental Notes:

This paper was sponsored by TRB committee ABE25 Congestion Pricing.

Monograph Accession #:

01503729

Report/Paper Numbers:

14-5275

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Iseki, Hiroyuki
Li, Qing

Pagination:

24p

Publication Date:

2014

Conference:

Transportation Research Board 93rd Annual Meeting

Location: Washington DC
Date: 2014-1-12 to 2014-1-16
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

Geographic Terms:

Maryland

Subject Areas:

Economics; Finance; Highways; I10: Economics and Administration

Source Data:

Transportation Research Board Annual Meeting 2014 Paper #14-5275

Files:

PRP, TRIS, TRB, ATRI

Created Date:

Jan 27 2014 3:50PM