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Benefits and Costs of Transport

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Author Info

  • E.T. Verhoef

    ()

  • P. Nijkamp

    ()

  • P. Rietveld

    ()
    (Vrije Universiteit Amsterdam)

  • T.R. Lakshmanan

    (Bureau of Transportation Statistics, US Department of Transportation, Washington DC, USA)

Abstract

This paper discusses a number of issues centred around the evaluation of the benefits and costs of transport. It is argued that, for various reasons, transport cannot be treated as an ‘ordinary’ economic sector, and in the paper the policy implications of a number of the sector’s peculiarities are addressed. Both efficiency aspects and considerations of equity and social feasibility of policies are dealt with.

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Bibliographic Info

Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 97-084/3.

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Date of creation: 21 Aug 1997
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Handle: RePEc:dgr:uvatin:19970084

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Web page: http://www.tinbergen.nl

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References

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  1. Small, Kenneth A., 2001. "Using the Revenues from Congestion Pricing," University of California Transportation Center, Working Papers qt7170x9b0, University of California Transportation Center.
  2. Carson, Richard T. & Hanemann, W. Michael, 2006. "Contingent Valuation," Handbook of Environmental Economics, Elsevier, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 17, pages 821-936 Elsevier.
  3. Small, K.A. & Gomez-Ibanez, J.A., 1996. "Urban Transportation," Papers, California Irvine - School of Social Sciences 95-96-4, California Irvine - School of Social Sciences.
  4. E Verhoef & P Nijkamp & P Rietveld, 1997. "Tradeable permits: their potential in the regulation of road transport externalities," Environment and Planning B: Planning and Design, Pion Ltd, London, Pion Ltd, London, vol. 24(4), pages 527-548, July.
  5. Small, Kenneth A., 1983. "The incidence of congestion tolls on urban highways," Journal of Urban Economics, Elsevier, vol. 13(1), pages 90-111, January.
  6. Verhoef Erik T., 1997. "Externalities," Serie Research Memoranda, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics 0031, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  7. Verhoef, Erik, 1994. "External effects and social costs of road transport," Transportation Research Part A: Policy and Practice, Elsevier, Elsevier, vol. 28(4), pages 273-287, July.
  8. Rietveld, P. & Nijkamp, P., 1992. "Transport and regional development," Serie Research Memoranda, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics 0050, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  9. Layard, Richard, 1977. "The Distributional Effects of Congestion Taxes," Economica, London School of Economics and Political Science, London School of Economics and Political Science, vol. 44(175), pages 297-304, August.
  10. Nijkamp, Peter & Rienstra, Sytze A, 1995. "Private Sector Involvement in Financing and Operating Transport Infrastructure," The Annals of Regional Science, Springer, Springer, vol. 29(2), pages 221-35, May.
  11. R H M Emmerink & P Nijkamp & P Rietveld, 1995. "Is congestion pricing a first-best strategy in transport policy? A critical review of arguments," Environment and Planning B: Planning and Design, Pion Ltd, London, Pion Ltd, London, vol. 22(5), pages 581-602, September.
  12. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1996. "Second-Best Congestion Pricing: The Case of an Untolled Alternative," Journal of Urban Economics, Elsevier, vol. 40(3), pages 279-302, November.
  13. Rietveld, Piet, 1989. "Infrastructure and Regional Development: A Survey of Multiregional Economic Models," The Annals of Regional Science, Springer, Springer, vol. 23(4), pages 255-74.
  14. Johansson,Per-Olov, 1987. "The Economic Theory and Measurement of Environmental Benefits," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521348102.
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Citations

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Cited by:
  1. Carlsson, F., 1999. "Incentive-based environmental regulation of domestic civil aviation in Sweden," Transport Policy, Elsevier, vol. 6(2), pages 75-82, April.
  2. Euijune Kim & Geoffrey Hewings & Chowoon Hong, 2004. "An Application of an Integrated Transport Network- Multiregional CGE Model: a Framework for the Economic Analysis of Highway Projects," Economic Systems Research, Taylor & Francis Journals, Taylor & Francis Journals, vol. 16(3), pages 235-258.
  3. Torben Holvad & John Preston, 2005. "Road Transport Investment Projects and Additional Economic Benefits," ERSA conference papers ersa05p522, European Regional Science Association.

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