Application of economic models to estimate the acceptability of a vehicle congestion charge

Introduction: Through the study of the problems generated by vehicular traffic congestion during periods of maximum demand, the negative externality of congestion would be assessed using Multinomial Logit, Mixed and econometric models, and willingness to pay through a Pigouvian rate. Objective: I...

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Main Authors: José Carlos Jiménez Serpa, Miller Humberto Salas Rondón
Format: Article
Language:English
Published: Universidad de la Costa 2017-07-01
Series:Inge-Cuc
Subjects:
Online Access:http://revistascientificas.cuc.edu.co/index.php/ingecuc/article/view/1084
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spelling doaj-bec3b06cd98a45d09602ca31ce6081d52020-11-25T00:46:28ZengUniversidad de la CostaInge-Cuc0122-65172382-47002017-07-01132607810.17981/ingecuc.13.2.2017.08Application of economic models to estimate the acceptability of a vehicle congestion chargeJosé Carlos Jiménez Serpa0 Miller Humberto Salas Rondón1Universidad Pontificia Bolivariana. Bucaramanga (Colombia)Universidad Pontificia Bolivariana. Bucaramanga (Colombia)Introduction: Through the study of the problems generated by vehicular traffic congestion during periods of maximum demand, the negative externality of congestion would be assessed using Multinomial Logit, Mixed and econometric models, and willingness to pay through a Pigouvian rate. Objective: In this article, we propose to implement a congestion charge to manage vehicular demand, through the application of declared preference gages and econometric models. Methodology: The study consists of the execution of 6 steps or stages: Background of the problem, Context of study, Methodological Foundations, Specification and estimation of the model, Estimation of the function average cost user and social marginal cost, Results obtained Discussion and report. Results: Analyzing the models obtained from the 2053 observations made through the declared preference surveys, it was observed that in order to discourage the use of the private car, a rate of COP 7000 per vehicle entering the congestion area or area should be charged, which would decrease the Use of Auto Particular in 68.7%, referring to this behavior we can say that the government policies that set the collection of the congestion charge is a policy that does not fit the perception of the users. Conclusions: This research identified the rate that reflects as closely as possible the marginal social cost and the generalized costs of each trip in terms of the impacts on the others. Now if we consider the marginal cost due to congestion, we have that the current demand is excessive, the users enjoy the benefit at a cost of $ 3,100COP, but impose to others a quota of $22,152COP. Finally, it is necessary to strengthen the legal basis with the regulation and creation of a National Vehicle Electronic Identification System, which will allow, in principle, charges for congestion.http://revistascientificas.cuc.edu.co/index.php/ingecuc/article/view/1084Congestion ChargingValue of timeGeneralized costsDiscrete choice models
collection DOAJ
language English
format Article
sources DOAJ
author José Carlos Jiménez Serpa
Miller Humberto Salas Rondón
spellingShingle José Carlos Jiménez Serpa
Miller Humberto Salas Rondón
Application of economic models to estimate the acceptability of a vehicle congestion charge
Inge-Cuc
Congestion Charging
Value of time
Generalized costs
Discrete choice models
author_facet José Carlos Jiménez Serpa
Miller Humberto Salas Rondón
author_sort José Carlos Jiménez Serpa
title Application of economic models to estimate the acceptability of a vehicle congestion charge
title_short Application of economic models to estimate the acceptability of a vehicle congestion charge
title_full Application of economic models to estimate the acceptability of a vehicle congestion charge
title_fullStr Application of economic models to estimate the acceptability of a vehicle congestion charge
title_full_unstemmed Application of economic models to estimate the acceptability of a vehicle congestion charge
title_sort application of economic models to estimate the acceptability of a vehicle congestion charge
publisher Universidad de la Costa
series Inge-Cuc
issn 0122-6517
2382-4700
publishDate 2017-07-01
description Introduction: Through the study of the problems generated by vehicular traffic congestion during periods of maximum demand, the negative externality of congestion would be assessed using Multinomial Logit, Mixed and econometric models, and willingness to pay through a Pigouvian rate. Objective: In this article, we propose to implement a congestion charge to manage vehicular demand, through the application of declared preference gages and econometric models. Methodology: The study consists of the execution of 6 steps or stages: Background of the problem, Context of study, Methodological Foundations, Specification and estimation of the model, Estimation of the function average cost user and social marginal cost, Results obtained Discussion and report. Results: Analyzing the models obtained from the 2053 observations made through the declared preference surveys, it was observed that in order to discourage the use of the private car, a rate of COP 7000 per vehicle entering the congestion area or area should be charged, which would decrease the Use of Auto Particular in 68.7%, referring to this behavior we can say that the government policies that set the collection of the congestion charge is a policy that does not fit the perception of the users. Conclusions: This research identified the rate that reflects as closely as possible the marginal social cost and the generalized costs of each trip in terms of the impacts on the others. Now if we consider the marginal cost due to congestion, we have that the current demand is excessive, the users enjoy the benefit at a cost of $ 3,100COP, but impose to others a quota of $22,152COP. Finally, it is necessary to strengthen the legal basis with the regulation and creation of a National Vehicle Electronic Identification System, which will allow, in principle, charges for congestion.
topic Congestion Charging
Value of time
Generalized costs
Discrete choice models
url http://revistascientificas.cuc.edu.co/index.php/ingecuc/article/view/1084
work_keys_str_mv AT josecarlosjimenezserpa applicationofeconomicmodelstoestimatetheacceptabilityofavehiclecongestioncharge
AT millerhumbertosalasrondon applicationofeconomicmodelstoestimatetheacceptabilityofavehiclecongestioncharge
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