IDEAS home Printed from https://ideas.repec.org/a/eee/retrec/v19y2007i1p111-131.html
   My bibliography  Save this article

Chapter 5 Comparing alternative pricing and revenue use strategies with the MOLINO model

Author

Listed:
  • de Palma, André
  • Lindsey, Robin
  • Proost, Stef
  • Van der Loo, Saskia

Abstract

Cost-benefit analysis plays a central role in planning and investment decisions related to transportation. Yet, this process is often rather obscure and difficult to control and check by an outsider. We propose here a new engineering-economic-based tool, MOLINO, to perform cost benefit analysis of transport projects and regulations in a network and multi-period context. MOLINO performs cost-benefit analysis for different transport modes and types of freight and/or passenger traffic, peak and off-peak time periods, diverse market structures (private or public monopoly or duopoly, regulated or unregulated) and various financing schemes. Congestion levels are computed endogenously. MOLINO computes costs and benefits over multiple periods and the length of the time horizon is flexible. Outputs include equilibrium values of user and social benefits, financial flows and measures of effectiveness such as congestion delays.

Suggested Citation

  • de Palma, André & Lindsey, Robin & Proost, Stef & Van der Loo, Saskia, 2007. "Chapter 5 Comparing alternative pricing and revenue use strategies with the MOLINO model," Research in Transportation Economics, Elsevier, vol. 19(1), pages 111-131, January.
    • Handle: RePEc:eee:retrec:v:19:y:2007:i:1:p:111-131
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0739-8859(07)19005-3
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Proost, S. & Van der Loo, S. & de Palma, Andre & Lindsey, Robin, 2005. "A cost-benefit analysis of tunnel investment and tolling alternatives in Antwerp," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 31, pages 83-100.
    2. Liu, Liqun, 2003. "A marginal cost of funds approach to multi-period public project evaluation: implications for the social discount rate," Journal of Public Economics, Elsevier, vol. 87(7-8), pages 1707-1718, August.
    3. Keller, Wouter J., 1976. "A nested CES-type utility function and its demand and price-index functions," European Economic Review, Elsevier, vol. 7(2), pages 175-186, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. de Palma, André & Proost, Stef & van der Loo, Saskia, 2010. "Assessing transport investments - Towards a multi-purpose tool," Transportation Research Part B: Methodological, Elsevier, vol. 44(7), pages 834-849, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. de Palma, Andre & Marcucci, Edoardo & Niskanen, Esko & Wieland, Bernhard, 2005. "Introduction," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 31, pages 1-5.
    2. Ming Chung Chang & Shufen Wu, 2011. "Should Marginal Cost of Public Funds include the Revenue Effect?," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 147(I), pages 1-16, March.
    3. Aaron Michael Shew & Alvaro Durand‐Morat & Lawton Lanier Nalley & Karen Ann‐Kuenzel Moldenhauer, 2018. "Estimating the benefits of public plant breeding: beyond profits," Agricultural Economics, International Association of Agricultural Economists, vol. 49(6), pages 753-764, November.
    4. Burgess, David F., 2013. "Reconciling alternative views about the appropriate social discount rate," Journal of Public Economics, Elsevier, vol. 97(C), pages 9-17.
    5. Dan Usher, 2006. "Should The Samuelson Rule Be Modified To Account For The Marginal Cost Of Public Funds?," Working Paper 1065, Economics Department, Queen's University.
    6. den Butter, F. A. G. & Wollmer, F. J., 1996. "An empirical model for endogenous technology in the Netherlands," Economic Modelling, Elsevier, vol. 13(1), pages 15-40, January.
    7. Zeelenberg, Kees, 1986. "Elasticities under two-stage budgeting," MPRA Paper 89262, University Library of Munich, Germany.
    8. Calthrop, Edward & De Borger, Bruno & Proost, Stef, 2010. "Cost-benefit analysis of transport investments in distorted economies," Transportation Research Part B: Methodological, Elsevier, vol. 44(7), pages 850-869, August.
    9. Fehr, Hans & Wiegard, Wolfgang, 1995. "A computable general equilibrium model for the examination of worldwide agricultural liberalization policies: Model structure and preliminary results," Tübinger Diskussionsbeiträge 50, University of Tübingen, School of Business and Economics.
    10. Inge Mayeres, 1999. "The Distributional Impacts of Policies for the Control of Transport Externalities.An Applied General Equilibrium Model," Working Papers 1999.8, Fondazione Eni Enrico Mattei.
    11. Liqun Liu & Andrew J. Rettenmaier & Thomas R. Saving, 2004. "A Generalized Approach to Multigeneration Project Evaluation," Southern Economic Journal, John Wiley & Sons, vol. 71(2), pages 377-396, October.
    12. Kimberley Scharf & Sarah Smith & Mark Ottoni-Wilhelm, 2022. "Lift and Shift: The Effect of Fundraising Interventions in Charity Space and Time," American Economic Journal: Economic Policy, American Economic Association, vol. 14(3), pages 296-321, August.
    13. Farhad Daruwala & Frank T. Denton & Dean C. Mountain, 2017. "One Size May Not Fit All: Welfare Benefits And Cost Reductions With Differentiated Household Electricity Rates In A General Equilibrium Model," Department of Economics Working Papers 2017-03, McMaster University.
    14. Hinloopen, Edwin & Nijkamp, Peter & Rietveld, Piet, 2004. "Integration of ordinal and cardinal information in multi-criteria ranking with imperfect compensation," European Journal of Operational Research, Elsevier, vol. 158(2), pages 317-338, October.
    15. Liqun Liu, 2004. "The Marginal Cost of Funds and the Shadow Prices of Public Sector Inputs and Outputs," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 11(1), pages 17-29, January.
    16. Liqun Liu, 2006. "Combining Distributional Weights and the Marginal Cost of Funds," Public Finance Review, , vol. 34(1), pages 60-79, January.
    17. Szekeres, Szabolcs, 2023. "Opportunity Cost of Capital, Marginal Cost of Funds and Numeraires in Cost-Benefit Analysis," MPRA Paper 118725, University Library of Munich, Germany.
    18. DE BORGER, Bruno & MAYERES, Inge, "undated". "Taxation of car-ownership, car use and public transport: Insight derived from a discrete choice numerical optimisation model," Working Papers 2004021, University of Antwerp, Faculty of Business and Economics.
    19. Zachariadis, Theodoros, 2005. "Assessing policies towards sustainable transport in Europe: an integrated model," Energy Policy, Elsevier, vol. 33(12), pages 1509-1525, August.
    20. Massiani, Jérôme & Maltese, Ila, 2022. "Thirty years of socio-economic evaluation of the Lyon–Turin High–Speed rail project," Research in Transportation Economics, Elsevier, vol. 94(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:retrec:v:19:y:2007:i:1:p:111-131. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/620614/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.