Journal of Public Transportation · 2012 · 16 citations · 11 references
Social SciencesEconomicsUrban PlanningPublic EconomicsTransportationUrban EconomicsCongestion ManagementPublic TransitRoad PricingTransport EconomicsTransportation EconomicsTransportation FinanceCongestion PricingCongestion Pricing ModelsEquity In Transit FundingRevenue Distribution ModelsSubsidization MechanismsSubsidy FinancingTransportation Pricing PolicyUrban Transport Economics
In this paper, equity and cross-subsidization issues associated with the congestion pricing scheme proposed as part of New York City’s PlaNYC are examined, as are initial usage patterns, user income distribution, and revenue distribution. We find that equity concerns surrounding the proposal are supported by economic analysis. If New York City is to revisit congestion pricing in the future and make it more politically palatable, it will need to find a way to mitigate these equity concerns.
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