Economic Cost of Traffic Congestion in Bengaluru

Abstract

This chapter estimates the economic costs of traffic congestion for Bengaluru city. The economic costs of traffic congestion have been classified into direct and indirect costs. These costs will capture both implicit and explicit costs of congestion. Such classification will highlight the real costs of traffic congestion on the economy and more importantly on the environment. The current chapter will provide the estimates of traffic delay cost, fuel wastage cost on drivers, and productive hour loss costs on the economy. The novelty of the chapter lies in the distinct methodology adopted in estimating these costs other than traditional methods. As per our estimation, the total traffic congestion cost to the city accounted for nearly 0.58 per cent of its GDP (2018–2019). This will have significant economic implications

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