Traffic congestion as a cost of production
Article Abstract:
It is becoming increasingly important to attempt to estimate the cost of traffic congestion to the UK economy. National Economic Research Associates estimates that the overall cost of road congestion to road users was 7 billion pounds sterling in 1996, and it is clear that congestion creates substantial additional costs for the business community. The UK government's response to this problem has been to develop an integrated transport policy. It is hoped that this approach will encourage people to walk and cycle more, as well as to make more extensive use of public transport.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
UK transport policy: a data response approach
Article Abstract:
The United Kingdom has seen an increase in road congestion, while public spending on transportation has been low in relation to mainland Europe. The government has decided to focus on usage of public transportation to tackle the problem. Fuel and parking taxes are being used to change consumer behavior, and can be justified by using arguments relating to externalities. Pollution and congestion represent external costs, while public transportation can cut congestion and pollution.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
The National Lottery
Article Abstract:
The National Lottery has already had a significant impact on the UK economy. The average person spends 2.10 pounds sterling every week on the National Lottery, and it is believed that the lottery has created 12 million additional shopping trips, although the impact of this on consumer spending is unclear. The amount spent on gambling as a whole rose by 41% between 1994 and 1995, with a large part of this rise being attributable to the National Lottery.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Innovation is a condition of Eta's trade success. Eta has a virtual shop. Real mobile Internet
- Abstracts: 20th century art sale. Christie's auctions the contents of the Herblingen castle. The art of love
- Abstracts: Sauber: the right formula. Ina via da velos. The Swiss Army - preparing for 2000 plus