Cost-effectiveness analysis of congestion pricing – a case study of Belgrade
Abstract
The problem of traffic congestion results in numerous negative effects such as increasing of travel time, delays, noise emission, emission of pollutants, traffic accidents, etc. This problem affects a lot of cities all over the world and many of them have attempted to solve it using one of the traffic demand management strategies – congestion pricing. Congestion charging involves charging of vehicles entries in particular areas of the city, proportionally to the negative effects that the vehicle generates. Costs and effects, which have been achieved by introducing congestion pricing in the central city zones were considered in this paper. A cost-effectiveness analysis of introducing congestion pricing in Belgrade was also conducted based on a detailed literature review and field data. The obtained results indicate significant positive effects that can be achieved by introducing this concept and at the same time, represent baseline for future research in this field.
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