Scipediacontent at 13:49, 21 January 2021

2021-01-21T13:49:54Z

Scipediacontent: Scipediacontent moved page Draft Content 685654191 to Anas et al 2017a

2020-10-14T14:37:12Z

Scipediacontent moved page Draft Content 685654191 to Anas et al 2017a

Scipediacontent: Created page with " == Abstract == Beirut, the capital city of Lebanon, faces huge traffic congestion, the cost of which is estimated to be more than 2 percent of the city's gross regional prod..."

2020-10-14T14:37:10Z

Created page with " == Abstract == Beirut, the capital city of Lebanon, faces huge traffic congestion, the cost of which is estimated to be more than 2 percent of the city's gross regional prod..."

New page

== Abstract ==

Beirut, the capital city of Lebanon, faces huge traffic congestion, the cost of which is estimated to be more than 2 percent of the city's gross regional product. Effective policies are needed, based on weighing their overall economic cost and benefit to society. This study developed an empirical model based on microeconomic theory, accounting for production and consumption behavior related to transportation in the Greater Beirut Area, to simulate various policy combinations. A key finding of the study is that individual supply-side policies, such as the expansion of roads or introduction of a bus rapid transit system, are quite effective at reducing traffic congestion while increasing economic output and welfare. They also account for most of the benefits from implementing policy packages with supply- and demand-side measures. The introduction of bus rapid transit with expansion of the road system to feed the bus rapid transit system reduces congestion by about 16 percent and congestion costs by more than 50 percent. This would increase Beirut's gross regional product by roughly 2 percent, and the average social welfare of the residents of Beirut by 4 percent. In contrast, demand-side instruments, implemented alone, lower gross regional product and welfare with limited effects on congestion.

Document type: Book

== Full document ==
<pdf>Media:Draft_Content_685654191-beopen1055-2785-document.pdf</pdf>

== Original document ==

The different versions of the original document can be found in:

* [http://documents.worldbank.org/curated/en/964581501780246577/pdf/WPS8158.pdf http://documents.worldbank.org/curated/en/964581501780246577/pdf/WPS8158.pdf]

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 == Abstract ==
-Beirut, the capital city of Lebanon, faces huge traffic congestion, the cost of which is estimated to be more than 2 percent of the city's gross regional product. Effective policies are needed, based on weighing their overall economic cost and benefit to society. This study developed an empirical model based on microeconomic theory, accounting for production and consumption behavior related to transportation in the Greater Beirut Area, to simulate various policy combinations. A key finding of the study is that individual supply-side policies, such as the expansion of roads or introduction of a bus rapid transit system, are quite effective at reducing traffic congestion while increasing economic output and welfare. They also account for most of the benefits from implementing policy packages with supply- and demand-side measures. The introduction of bus rapid transit with expansion of the road system to feed the bus rapid transit system reduces congestion by about 16 percent and congestion costs by more than 50 percent. This would increase Beirut's gross regional product by roughly 2 percent, and the average social welfare of the residents of Beirut by 4 percent. In contrast, demand-side instruments, implemented alone, lower gross regional product and welfare with limited effects on congestion.
+Beirut, the capital city of Lebanon,             faces huge traffic congestion, the cost of which is             estimated to be more than 2 percent of the city's gross             regional product. Effective policies are needed, based on             weighing their overall economic cost and benefit to society.             This study developed an empirical model based on             microeconomic theory, accounting for production and             consumption behavior related to transportation in the             Greater Beirut Area, to simulate various policy             combinations. A key finding of the study is that individual             supply-side policies, such as the expansion of roads or             introduction of a bus rapid transit system, are quite             effective at reducing traffic congestion while increasing             economic output and welfare. They also account for most of             the benefits from implementing policy packages with supply-             and demand-side measures. The introduction of bus rapid             transit with expansion of the road system to feed the bus             rapid transit system reduces congestion by about 16 percent             and congestion costs by more than 50 percent. This would             increase Beirut's gross regional product by roughly 2             percent, and the average social welfare of the residents of             Beirut by 4 percent. In contrast, demand-side instruments,             implemented alone, lower gross regional product and welfare             with limited effects on congestion.
 Document type: Book
 == Full document ==
-<pdf>Media:Draft_Content_685654191-beopen1055-2785-document.pdf</pdf>
+<pdf>Media:Anas_et_al_2017a-beopen553-4170-document.pdf</pdf>
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 * [http://documents.worldbank.org/curated/en/964581501780246577/pdf/WPS8158.pdf http://documents.worldbank.org/curated/en/964581501780246577/pdf/WPS8158.pdf]

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Anas et al 2017a - Revision history

Scipediacontent at 13:49, 21 January 2021

Scipediacontent: Scipediacontent moved page Draft Content 685654191 to Anas et al 2017a

Scipediacontent: Created page with " == Abstract == Beirut, the capital city of Lebanon, faces huge traffic congestion, the cost of which is estimated to be more than 2 percent of the city's gross regional prod..."