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Pricing European Transport Systems: Recent Developments and Evidence from Case Studies

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  • Chris Nash
  • Tom Sansom

Abstract

This paper draws on the results of various projects undertaken by the European Commission regarding transport pricing reform in Europe. It begins with an account of current European policy and practice. It then considers the issue of measurement of marginal social cost, the remaining controversies that surround it, and the barriers to its implementation. Finally it draws on case studies to consider what would be the implications for prices and levels of traffic on the various modes if marginal cost pricing was implemented in practice. © The London School of Economics and the University of Bath 2001

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  • Chris Nash & Tom Sansom, 2001. "Pricing European Transport Systems: Recent Developments and Evidence from Case Studies," Journal of Transport Economics and Policy, University of Bath, vol. 35(3), pages 363-380, September.
    • Handle: RePEc:tpe:jtecpo:v:35:y:2001:i:3:p:363-380
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    Cited by:

    1. Andrew S. J. Smith & Jan-Eric Nilsson & Ivan Ridderstedt & Oskar Johansson, 2023. "Efficiency measurement in the tendering of road surface renewal contracts," Journal of Productivity Analysis, Springer, vol. 60(2), pages 189-202, October.
    2. Müller, Gernot, 2006. "Zur Ökonomie von Trassenpreissystemen," WIK Discussion Papers 279, WIK Wissenschaftliches Institut für Infrastruktur und Kommunikationsdienste GmbH.
    3. Ke Wan & Alain Kornhauser, 2023. "Market Making and Pricing of Financial Derivatives based on Road Travel Times," Papers 2305.02523, arXiv.org, revised May 2023.
    4. Andersson, Mats & Björklund, Gunilla & Haraldsson, Mattias, 2016. "Marginal railway track renewal costs: A survival data approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 87(C), pages 68-77.
    5. Markose, Sheri & Alentorn, Amadeo & Koesrindartoto, Deddy & Allen, Peter & Blythe, Phil & Grosso, Sergio, 2007. "A smart market for passenger road transport (SMPRT) congestion: An application of computational mechanism design," Journal of Economic Dynamics and Control, Elsevier, vol. 31(6), pages 2001-2032, June.
    6. Ginés de Rus, 2014. "The economic evaluation of infrastructure investment. Some inescapable tradeoffs," Working Papers 2014-16, FEDEA.
    7. Yarmukhamedov, Sherzod & Smith, Andrew S.J. & Thiebaud, Jean-Christophe, 2020. "Competitive tendering, ownership and cost efficiency in road maintenance services in Sweden: A panel data analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 136(C), pages 194-204.
    8. Markus Lang & Marc Laperrouza & Matthias Finger, 2013. "Competition Effects in a Liberalized Railway Market," Journal of Industry, Competition and Trade, Springer, vol. 13(3), pages 375-398, September.
    9. Markose, Sheri & Alentorn, Amadeo & Koesrindartoto, Deddy & Allen, Peter & Blythe, Phil & Grosso, Sergio, 2007. "A smart market for passenger road transport (SMPRT) congestion: An application of computational mechanism design," Journal of Economic Dynamics and Control, Elsevier, vol. 31(6), pages 2001-2032, June.
    10. Waters II, William G., 2007. "Evolution of Railroad Economics," Research in Transportation Economics, Elsevier, vol. 20(1), pages 11-67, January.
    11. Bertram, Alex & Vilain, Pierre, 2005. "Does Vehicle Taxation Impact Vehicle Ownership?," 46th Annual Transportation Research Forum, Washington, D.C., March 6-8, 2005 208216, Transportation Research Forum.
    12. Andersson, Mats & Smith, Andrew & Wikberg, Åsa & Wheat, Phill, 2012. "Estimating the marginal cost of railway track renewals using corner solution models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(6), pages 954-964.
    13. Andersson, Mats, 2011. "Marginal cost of railway infrastructure wear and tear for freight and passenger trains in Sweden," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 48, pages 3-23.
    14. De Rus, Ginés, 2011. "The BCA of HSR: Should the Government Invest in High Speed Rail Infrastructure?," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 2(1), pages 1-28, January.
    15. Kalauskas, Rebecca & Taylor, Brian D. & Iseki, Hiroyuki, 2009. "Task A-2: Implementation and Management of Electronic Roadway Tolling: Lessons from Successful Cases," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt27g7m6h8, Institute of Transportation Studies, UC Berkeley.
    16. Andersson, Mats & Björklund, Gunilla, 2012. "Marginal railway track renewal costs: a survival data approach," Working papers in Transport Economics 2012:29, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    17. Cameron Hepburn, 2006. "Regulation by Prices, Quantities, or Both: A Review of Instrument Choice," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(2), pages 226-247, Summer.

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