Marginal cost estimation for level crossing accidents: Evidence from the Swedish railways 2000-2008
AbstractThis study examines the relationship between train traffic and the accident risk for road users at level crossings. The marginal effect of train traffic on the accident risk can be used to derive the marginal cost per train passage that is due to level crossing accidents. Based on Swedish data from 2000 to 2008 on level crossing accidents, train volume and crossing characteristics, the marginal cost per train passage is estimated at SEK 1.13 (EUR 0.11) on average in 2008. The cost per train passage varies substantially depending on type of warning device, road type and the traffic volume of the trains.
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Bibliographic InfoPaper provided by CTS - Centre for Transport Studies Stockholm (KTH and VTI) in its series Working papers in Transport Economics with number 2011:15.
Length: 20 pages
Date of creation: 15 Nov 2011
Date of revision: 16 Nov 2011
Contact details of provider:
Postal: Centrum för Transportstudier (CTS), Teknikringen 10, 100 44 Stockholm, Sweden
Web page: http://www.kth.se/abe/om_skolan/organisation/centra/cts
Railway; Marginal Cost Estimation; Level Crossing Accidents;
Find related papers by JEL classification:
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion
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