Resumen de Market Failures: the Case for Road Congestion Externalities

Pablo Coto Millán, Vicente Inglada López de Sabando

• The study of the external effects on the different economic sectors and branches has experienced a spectacular boom during the past decades within the framework of the Economic Analysis. This interest has become especially strong in the field of transport, in which we only have to go over the economic literature of the past years in order to find the large number of studies, research works and papers dealing with this topic.