The introduction of widespread road pricing is being considered in the UK and abroad as a means to allocate scarce road space. This paper critically examines the case for road pricing and discusses the optimal scale of charging systems. The costs and benefits of nationwide and project-based schemes are compared using evidence from case studies and economic modelling.
The paper examines a number of charging systems, including the M6 Toll, the London Congestion Charge and road pricing in Singapore.
2007, Discussion Paper 18
Pricing Our Roads: Vision and Reality by Stephen Glaister and Daniel Graham.