Development and Inspiration of Road Congestion Pricing Revenue Redistribution Theory Research

Abstract

Road congestion pricing revenue redistribution is the key problem and frontier research of road congestion pricing development. This paper reviews the history and latest achievements of the social welfare theory, public support theory, and revenue redistribution strategy theory which are related to road congestion pricing revenue redistribution. Then, suggestions of the implementation in urban road communication are proposed. The theory research and practice of road congestion pricing revenue redistribution indicate that policy suggestions and corresponding methods of implementation of this strategy should be presented aiming at resolving the unfair problem of welfare redistribution and enlisting support of public based on the consideration of traffic efficiency firstly. This strategy is proved to be effective in enhancing the feasibility and validity of road congestion pricing strategy, and moreover in improving the road congestion and increasing the transportation efficiency.