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Internalisation of External Effects in European Freight Corridors

Author

Listed:
  • Anna Mellin

    (VTI)

  • Asa Wikberg

    (VTI)

  • Inge Vierth

    (VTI)

  • Rune Karlsson

    (VTI)

Abstract

External effects or externalities “consist of the costs and benefits felt beyond or ‘external to’ those causing the effect” (Anderson, 2006). In the case of transportation, the negative externalities (costs) can take the form of air pollution, noise and accidents. Since external effects do not have a market price, external effects are a form of market failure. Wear and tear of the infrastructure is external to individual drivers and operators, and thus also included in the analysis...

Suggested Citation

  • Anna Mellin & Asa Wikberg & Inge Vierth & Rune Karlsson, 2013. "Internalisation of External Effects in European Freight Corridors," International Transport Forum Discussion Papers 2013/10, OECD Publishing.
    • Handle: RePEc:oec:itfaab:2013/10-en
    DOI: 10.1787/5k46l8wpzf7b-en
    as

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    Cited by:

    1. Inge Vierth & Victor Sowa & Kevin Cullinane, 2019. "Evaluating the external costs of trailer transport: a comparison of sea and road," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 21(1), pages 61-78, March.
    2. Dariusz Milewski, 2020. "Total Costs of Centralized and Decentralized Inventory Strategies—Including External Costs," Sustainability, MDPI, vol. 12(22), pages 1-16, November.

    More about this item

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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