How Should Passenger Travel in Mexico City Be Priced?

This paper uses an analytical-simulation model to examine the optimal pricing of the passenger transportation system in Mexico City. The model incorporates travel by auto, microbus, public bus, and rail, as well as externalities from local and global air pollution, traffic congestion, and road accid...

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Main Authors:	Parry, Ian W. H., Timilsina, Govinda R.
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Railroads and Other Surface Transportation L920 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Transportation: Demand, Supply, and Congestion Safety and Accidents Transportation Noise R410 Transportation Systems: Government Pricing Regulatory Policies R480
Online Access:	http://hdl.handle.net/10986/4834

id	okr-10986-4834
recordtype	oai_dc
spelling	okr-10986-48342021-04-23T14:02:19Z How Should Passenger Travel in Mexico City Be Priced? Parry, Ian W. H. Timilsina, Govinda R. Railroads and Other Surface Transportation L920 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Transportation: Demand, Supply, and Congestion Safety and Accidents Transportation Noise R410 Transportation Systems: Government Pricing Regulatory Policies R480 This paper uses an analytical-simulation model to examine the optimal pricing of the passenger transportation system in Mexico City. The model incorporates travel by auto, microbus, public bus, and rail, as well as externalities from local and global air pollution, traffic congestion, and road accidents. In our benchmark case, the optimal gasoline tax is $2.72 per gallon, or 16 times the current tax. However, a per mile toll would reduce traffic congestion, the largest externality, more directly, and we put the optimized auto toll at 20.3 cents per mile. Tolls on microbuses also improve efficiency, though the gains are on a smaller scale, as are those from reforming public transit fares. 2012-03-30T07:29:58Z 2012-03-30T07:29:58Z 2010 Journal Article Journal of Urban Economics 00941190 http://hdl.handle.net/10986/4834 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Mexico
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Railroads and Other Surface Transportation L920 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Transportation: Demand, Supply, and Congestion Safety and Accidents Transportation Noise R410 Transportation Systems: Government Pricing Regulatory Policies R480
spellingShingle	Railroads and Other Surface Transportation L920 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Transportation: Demand, Supply, and Congestion Safety and Accidents Transportation Noise R410 Transportation Systems: Government Pricing Regulatory Policies R480 Parry, Ian W. H. Timilsina, Govinda R. How Should Passenger Travel in Mexico City Be Priced?
geographic_facet	Mexico
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	This paper uses an analytical-simulation model to examine the optimal pricing of the passenger transportation system in Mexico City. The model incorporates travel by auto, microbus, public bus, and rail, as well as externalities from local and global air pollution, traffic congestion, and road accidents. In our benchmark case, the optimal gasoline tax is $2.72 per gallon, or 16 times the current tax. However, a per mile toll would reduce traffic congestion, the largest externality, more directly, and we put the optimized auto toll at 20.3 cents per mile. Tolls on microbuses also improve efficiency, though the gains are on a smaller scale, as are those from reforming public transit fares.
format	Journal Article
author	Parry, Ian W. H. Timilsina, Govinda R.
author_facet	Parry, Ian W. H. Timilsina, Govinda R.
author_sort	Parry, Ian W. H.
title	How Should Passenger Travel in Mexico City Be Priced?
title_short	How Should Passenger Travel in Mexico City Be Priced?
title_full	How Should Passenger Travel in Mexico City Be Priced?
title_fullStr	How Should Passenger Travel in Mexico City Be Priced?
title_full_unstemmed	How Should Passenger Travel in Mexico City Be Priced?
title_sort	how should passenger travel in mexico city be priced?
publishDate	2012
url	http://hdl.handle.net/10986/4834
_version_	1764392937515384832

How Should Passenger Travel in Mexico City Be Priced?

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