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<p>Created page with &quot; == Abstract == © 2015 Elsevier Ltd. This paper analyzes the optimal urban congestion toll in a second-best setting where only one road in a network can be tolled. Both hete...&quot;</p> <p><b>New page</b></p><div><br /> == Abstract ==<br /> <br /> © 2015 Elsevier Ltd. This paper analyzes the optimal urban congestion toll in a second-best setting where only one road in a network can be tolled. Both heterogeneity in labor productivity and income distribution concerns are considered. The optimal toll balances two types of considerations. The first consideration is the correction of the congestion externality on the tolled road given the distortion on the non-tolled roads, while the second is the equity consideration that takes into account which income group uses the tolled road and how toll revenues are spent. Both separating and pooling equilibria are analyzed for two alternative uses of toll revenues: poll transfers and labor-tax cuts. Using numerical simulations, we show that equity concerns can lead a government to prefer inefficient toll levels and recycling via poll transfers rather than via labor tax reductions. ispartof: Economics of Transportation vol:3 issue:4 pages:257-269 status: published<br /> <br /> <br /> == Original document ==<br /> <br /> The different versions of the original document can be found in:<br /> <br /> * [http://dx.doi.org/10.2139/ssrn.2533971 http://dx.doi.org/10.2139/ssrn.2533971]<br /> <br /> * [https://hal-ifp.archives-ouvertes.fr/hal-02474997/file/ECO96_DIAZ_PROOST.pdf https://hal-ifp.archives-ouvertes.fr/hal-02474997/file/ECO96_DIAZ_PROOST.pdf]<br /> <br /> * [https://lirias.kuleuven.be/handle/123456789/471607 https://lirias.kuleuven.be/handle/123456789/471607]<br /> <br /> * [https://lirias.kuleuven.be/handle/123456789/490278 https://lirias.kuleuven.be/handle/123456789/490278]<br /> <br /> * [https://api.elsevier.com/content/article/PII:S2212012215000064?httpAccept=text/xml https://api.elsevier.com/content/article/PII:S2212012215000064?httpAccept=text/xml],<br /> : [https://api.elsevier.com/content/article/PII:S2212012215000064?httpAccept=text/plain https://api.elsevier.com/content/article/PII:S2212012215000064?httpAccept=text/plain],<br /> : [http://dx.doi.org/10.1016/j.ecotra.2015.02.003 http://dx.doi.org/10.1016/j.ecotra.2015.02.003] under the license https://www.elsevier.com/tdm/userlicense/1.0/<br /> <br /> * [https://hal-ifp.archives-ouvertes.fr/hal-02474997 https://hal-ifp.archives-ouvertes.fr/hal-02474997],<br /> : [https://hal-ifp.archives-ouvertes.fr/hal-02474997/document https://hal-ifp.archives-ouvertes.fr/hal-02474997/document],<br /> : [https://hal-ifp.archives-ouvertes.fr/hal-02474997/file/ECO96_DIAZ_PROOST.pdf https://hal-ifp.archives-ouvertes.fr/hal-02474997/file/ECO96_DIAZ_PROOST.pdf]<br /> <br /> * [https://www.sciencedirect.com/science/article/pii/S2212012215000064 https://www.sciencedirect.com/science/article/pii/S2212012215000064],<br /> : [https://trid.trb.org/view/1361184 https://trid.trb.org/view/1361184],<br /> : [http://www.diva-portal.org/smash/record.jsf?pid=diva2:814834 http://www.diva-portal.org/smash/record.jsf?pid=diva2:814834],<br /> : [https://core.ac.uk/display/34615520 https://core.ac.uk/display/34615520],<br /> : [https://ideas.repec.org/p/hal/wpaper/hal-02474997.html https://ideas.repec.org/p/hal/wpaper/hal-02474997.html],<br /> : [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2533971 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2533971],<br /> : [http://ideas.repec.org/a/eee/ecotra/v3y2014i4p257-269.html http://ideas.repec.org/a/eee/ecotra/v3y2014i4p257-269.html],<br /> : [http://www.sciencedirect.com/science/article/pii/S2212012215000064 http://www.sciencedirect.com/science/article/pii/S2212012215000064],<br /> : [https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=2533971 https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=2533971],<br /> : [https://EconPapers.repec.org/RePEc:eee:ecotra:v:3:y:2014:i:4:p:257-269 https://EconPapers.repec.org/RePEc:eee:ecotra:v:3:y:2014:i:4:p:257-269],<br /> : [https://socionet.ru/publication.xml?h=repec:eee:ecotra:v:3:y:2014:i:4:p:257-269 https://socionet.ru/publication.xml?h=repec:eee:ecotra:v:3:y:2014:i:4:p:257-269],<br /> : [https://www.ssrn.com/abstract=2533971 https://www.ssrn.com/abstract=2533971],<br /> : [https://academic.microsoft.com/#/detail/2079757508 https://academic.microsoft.com/#/detail/2079757508]<br /> <br /> <br /> <br /> DOIS: 10.1016/j.ecotra.2015.02.003 10.2139/ssrn.2533971</div>

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