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Benefits and Costs of Transport

Author

Listed:
  • 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.

Suggested Citation

  • E.T. Verhoef & P. Nijkamp & P. Rietveld & T.R. Lakshmanan, 1997. "Benefits and Costs of Transport," Tinbergen Institute Discussion Papers 97-084/3, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:19970084
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    File URL: https://papers.tinbergen.nl/97084.pdf
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    References listed on IDEAS

    as
    1. Rietveld, Piet, 1989. "Infrastructure and Regional Development: A Survey of Multiregional Economic Models," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 23(4), pages 255-274.
    2. Erik Verhoef, 1996. "The Economics of Regulating Road Transport," Books, Edward Elgar Publishing, number 939.
    3. Verhoef, Erik, 1994. "External effects and social costs of road transport," Transportation Research Part A: Policy and Practice, Elsevier, vol. 28(4), pages 273-287, July.
    4. 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.
    5. Johansson,Per-Olov, 1987. "The Economic Theory and Measurement of Environmental Benefits," Cambridge Books, Cambridge University Press, number 9780521348102.
    6. Small, Kenneth A., 1992. "Using the Revenues from Congestion Pricing," University of California Transportation Center, Working Papers qt32p9m3mm, University of California Transportation Center.
    7. Layard, Richard, 1977. "The Distributional Effects of Congestion Taxes," Economica, London School of Economics and Political Science, vol. 44(175), pages 297-304, August.
    8. Small, Kenneth A., 1983. "The incidence of congestion tolls on urban highways," Journal of Urban Economics, Elsevier, vol. 13(1), pages 90-111, January.
    9. Nijkamp, Peter & Rienstra, Sytze A, 1995. "Private Sector Involvement in Financing and Operating Transport Infrastructure," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 29(2), pages 221-235, May.
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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, vol. 16(3), pages 235-258.

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