Getting Unstuck
Washington, D.C., is notorious for congestion. Can smarter pricing provide a way out of clogged highways, packed parking, and overburdened mass transit?
For millennia, philosophers have wrestled with the question, "What is time?" For economists, finding the answer is a bit easier: Time is whatever people are willing to pay for it, whether it’s a hotel or flight during peak season, an Uber cab on a busy Friday or Saturday night, or express package delivery.
In Washington, D.C., however, the challenge of valuing time has become an acute problem that affects everyone: traffic chaos. In the last decade, metro D.C. has ranked close to or at the top of national congestion surveys. According to the most recent annual study by the Texas A&M Transportation Institute and INRIX, Inc., for example, the District continues to beat Los Angeles, San Francisco, and New York as the national leader in gridlock. The report calculated that the average commuter in the D.C. region who drives during peak times frittered away 82 hours, or almost three and a half days, in 2014 due solely to congestion.
Many residents assume that increased gridlock is a price to pay for several positive trends in the last two decades, namely, strong population and job growth. In the greater D.C. region, the population surged from 4.2 million in 1990 to 6 million in 2014, while total employment jumped from 2.9 million to 4.1 million. Helped by falling crime rates in the city and, until recent years, robust government spending and plentiful federal jobs, the local economy also held up far better than most cities during the recession.
Readings
"Approaches to Making Federal Highway Spending More Productive.
" Congressional Budget Office, February 2016.
"Congestion Pricing - A Primer: Overview.
" U.S. Department of Transportation Federal Highway Administration, October 2008.
Duranton, Gilles, and Matthew A. Turner. "The Fundamental Law of Road Congestion: Evidence from US Cities.
" American Economic Review, October 2011, vol. 101, no. 6, pp. 2616-2652.
Hamre, Andrea, and Ralph Buehler. "Commuter Mode Choice and Free Car Parking, Public Transportation Benefits, Showers/Lockers, and Bike Parking at Work: Evidence from the Washington, DC Region.
" Journal of Public Transportation, 2014, vol. 17, no. 2, pp. 67-91.
"SFpark: Pilot Project Evaluation Summary." SFMTA Municipal Transportation Authority, June 2014.
"What Do People Think About Congestion Pricing?
" National Capital Region Transportation Planning Board and Metropolitan Washington Council of Governments, January 2013.
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