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TRB 90th Annual Meeting (January 23-27, 2011)
Event Number:724
Event Title:Economic Impacts of Transportation
Event Date:Jan 26 2011 2:30PM- 4:00PM
Event Location:Hilton, Georgetown East
Event Description:
Event Agenda:The learning objectives for this session are:
1. Measuring MTA toll burdens using Lorenz Curves on Data sets in NYC
2. Estimating economic costs from the development of the new silk road project in the Middle East
3. Establishing a System Performance Measure for Safety using economic costs in traffic crashes.
4. Estimating marginal implicit value of off-street parking spaces for condominiums.

Measuring Toll Burdens: Applying Lorenz Curves to a Detailed Data Set of Users of Metropolitan Transportation Administration Bridges in New York City (11-2241)
    
This paper utilizes a unique survey dataset of toll revenue collection on New York City bridges administered by MTA Bridges. This dataset, which contains detailed information on road user income and location, is analysed to assess distributional equity of burden across road users of various toll facilities (both value priced and fixed rate tolls) in the New York/New Jersey region. The distributional impact is summarized using Lorenz Curves and Gini Coefficients, a standard economic measure, and through these and other measures the authors develop empirical estimates of the social equity conditions on the existing priced facilities. The authors find that burdens are least equitable on facilities where there are few alternative routes, more equitable on those with more alternatives, but that in general users of MTA Bridge facilities are higher income than the general population surrounding those facilities.

Authors
     Gordon, Cameron Elliott, University of Canberra, Australia
     Peters, Jonathan Richard, City University of New York, Staten Island


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