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Measuring the Marginal Social Cost of Transport, Volume 14 (Hardcover)
Loot Price: R2,257
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Measuring the Marginal Social Cost of Transport, Volume 14 (Hardcover)
Series: Research in Transportation Economics
Expected to ship within 12 - 17 working days
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Many transport economists have for some time proposed marginal
social cost as the principle on which prices in the transport
sector should be based and, in recent years, their prescription has
come to be taken more and more seriously by policy-makers. However,
in order to properly test the possible implications of implementing
pricing based on marginal social cost and, ultimately, to introduce
such a system, it is necessary to actually measure the marginal
social costs concerned, and how they vary according to mode, time
and context. This book reviews the transport pricing policy debate
and reports on the significant advances made in measuring the
marginal social costs of transport, particularly through UNITE and
other European research projects. We look in turn at
infrastructure, operating costs, user costs (both of congestion and
of charges in frequency of scheduled transport services) accidents
and environmental costs, and how these estimates have been used to
examine the impact of marginal cost pricing in transport. We finish
by examining how the results of case studies might be generalised
to obtain estimates of marginal social costs for all circumstances
and, finally, presenting our conclusions.
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