Abstract

This paper is an assessment of freight transport regulation in Santiago. We conclude that most regulations restrict quantities and access. Moreover, agents perceive them as erratic and uncertain. We argue that these restrictions are not only costly but also ineffective, since the main determinant of freight volumes is the level of economic activity in Santiago; which is largely independent of freight transport policies. Urban toll roads, which will be introduced in Santiago in the near future, will mitigate some of the problems caused by freight transport, both by increasing the supply of roads and by making users pay for the externalities they cause.

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