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Book Pricing Freight Transport to Account for External Costs

Download or read book Pricing Freight Transport to Account for External Costs written by Congressional Budget Office and published by CreateSpace. This book was released on 2015-04-14 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Freight transport plays a key role in the economy. Over the past several decades, as the U.S. economy and the role of international trade have grown, freight shipping activity has increased substantially. That activity has been accompanied by a considerable amount of public and private spending on the highway and rail infrastructure that supports it. The economic returns from such investments depend on the public and private value of the activities they support, including freight transport. The returns will be higher to the extent that investments are based on accurate information about value. For freight transport, information for private investments comes from the prices that freight carriers receive and the demand for their transport services at those prices. But because freight-transport prices largely do not reflect the external (or social) costs of those services-including pavement damage, traffic congestion, accident risk, and exhaust emissions of particulate matter (PM) and carbon dioxide (CO2)-those prices convey inaccurate information about public value. In particular, the external costs of transport by truck and by rail differ markedly.1 Thus, their market shares, and the size of the market, differ from what they would be if prices reflected external costs more accurately: More freight is shipped, and more is shipped by truck, than would otherwise occur. As a result, more time is lost to highway congestion, and more resources are devoted to building and maintaining highway capacity and to alleviating the effects of diesel emissions and accidents, than if shippers paid their share of those external costs. Taxing freight transport on the basis of external costs would cause shippers to "internalize" those costs. The untaxed external costs of truck transport tend to be much higher, per ton-mile, than those of rail transport, even after accounting for the taxes that freight carriers already pay. Taxes that more fully reflected external costs would cause some freight to shift from truck to rail. Because truck and rail are not perfect substitutes, the shift would probably be modest. But it would reduce external costs and allocate resources more efficiently, and the tax revenue could be used to lower other taxes, reduce the deficit, or increase spending for the nation's public transport infrastructure or for other purposes. This paper provides estimates of the effects of a variety of such taxes. Using a simulation model based on observed overland shipping activity in the United States, the analysis shows how each tax would affect shippers' choice of transport mode and the amounts of carload/truckload, bulk, intermodal freight (which travels by truck and rail), and automobiles that would be shipped. The model's predictions are based on estimates of shippers' sensitivity to changes in transport prices and of goods-producers' sensitivity to changes in commodity prices as the cost of transporting those commodities changes. This paper provides estimates of changes in the number of freight-haul trips, external costs, total fuel savings, and the tax revenue from each policy. The options examined here range from a tax on all external costs to more easily administered extensions of existing taxes that would only partially internalize those costs.

Book Pricing Freight Transport to Account for External Costs

Download or read book Pricing Freight Transport to Account for External Costs written by David Holmes Austin and published by . This book was released on 2015 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book External Costs of Truck and Rail Freight Transportation

Download or read book External Costs of Truck and Rail Freight Transportation written by David J. Forkenbrock and published by . This book was released on 1998 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Environmental External Costs of Transport

Download or read book Environmental External Costs of Transport written by Peter Bickel and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transport is very important for the economy and our welfare. However, transport also causes a lot of problems, including air pollution. Such problems should be taken into account, when making decisions. A prerequisite for doing so is, that the impacts are known, quantitatively measured and allocated to the different activities in transport. Furthermore, they should be transformed into monetary units to be used as a basis for cost-benefit analyses or as an aid for setting taxes and charges, that reflect the external costs. This book describes a methodology for calculating impacts of transport activities and external costs caused by air pollution and presents numerous applications of this methodology for different transport technologies, locations and policy case studies. The approach has been developed and results have been calculated within the research project 'ExternE Core/Transport', financed to a large extent by the European Commission, Directorate General Research. We would like to thank especially Pierre Vallette and Pekka Jarviletho from the EC for their advice and support. A considerable number of experts with expertise in the different disciplines of this highly interdisciplinary work contributed to this book. The editors would like to thank the authors (see list on p. XV) for their contributions; it is especially remarkable, that the authors helped to make this book an integrated whole instead of a number of independent contributions.

Book Measuring the Marginal Social Cost of Transport

Download or read book Measuring the Marginal Social Cost of Transport written by Christopher Nash and published by Elsevier. This book was released on 2005-10-20 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Pricing in Road Transport

Download or read book Pricing in Road Transport written by Erik Verhoef and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . the book provides ample evidence of the various and often complex issues that arise in road pricing policies. New research is presented on topics mostly neglected in the past (such as the role of firms in rod pricing, or new insights from dynamic network models). Tilmann Rave, Journal of Regional Science Transport pricing is high on the political agenda throughout the world, but as the authors illustrate, governments seeking to implement this often face challenging questions and significant barriers. The associated policy and research questions cannot always be addressed adequately from a mono-disciplinary perspective. This book shows how a multi-disciplinary approach may lead to new types of analysis and insights, contributing to a better understanding of the intricacies of transport pricing and eventually to a potentially more effective and acceptable design of such policies. The study addresses important policy and research themes such as the possible motives for introducing road transport pricing and potential conflicts between these motives, behavioural responses to transport pricing for households and firms, the modelling of transport pricing, and the acceptability of pricing. Studying road transport pricing from a multi-disciplinary perspective, this book will be of great interest to transport policymakers and advisors, transport academics and consultants and students in transport studies.

Book Reforming Transport Pricing in the European Union

Download or read book Reforming Transport Pricing in the European Union written by Bruno de Borger and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work deals with the problem of pricing passenger and freight transportation within Europe. It argues that legislation affecting pricing and regulation is increasingly less successful in dealing with market failures and externalities such as congestion, air pollution, noise and accidents.

Book Paying Our Way

    Book Details:
  • Author : National Research Council (U.S.). Committee for Study of Public Policy for Surface Freight Transportation
  • Publisher : Transportation Research Board
  • Release : 1996
  • ISBN : 9780309062176
  • Pages : 184 pages

Download or read book Paying Our Way written by National Research Council (U.S.). Committee for Study of Public Policy for Surface Freight Transportation and published by Transportation Research Board. This book was released on 1996 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a preliminary examination of whether shippers of domestic surface freight pay the full social costs of the services that they use. This study is intended not to provide definitive answers as to whether shippers pay their full social costs, but rather to determine the feasibility of making such estimates.

Book Optimal Pricing and Regulation of Transport Externalities

Download or read book Optimal Pricing and Regulation of Transport Externalities written by Bruno De Borger and published by . This book was released on 1997 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Economics of Urban Freight Transport

Download or read book The Economics of Urban Freight Transport written by K. J. Button and published by Springer. This book was released on 1981-06-18 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Efficient Transport for Europe

Download or read book Efficient Transport for Europe written by European Conference of Ministers of Transport and published by European Conference of Ministers of Transportaion. This book was released on 1998-07-22 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pollution, accidents and congestion all cause unnecessary welfare losses, and while transport services are an essential component of economic and social development, their negative side effects are drawing increasing political attention. Internalisation aims to create incentives to reduce these external costs by factoring them into markets. This report: - summarises the theoretical and practical dimensions to internalisation; - reviews recent estimates of external costs; - explores the mix of policies that might be used to promote internalisation successfully; - and estimates the size of incentives required in monetary terms.

Book Freight Transport

    Book Details:
  • Author : Hendrik Albert Cornelis Runhaar
  • Publisher : Delft University Press
  • Release : 2002
  • ISBN :
  • Pages : 304 pages

Download or read book Freight Transport written by Hendrik Albert Cornelis Runhaar and published by Delft University Press. This book was released on 2002 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents of this Doctoral Dissertation include: Transport effects of production and distribution activities, Transport costs and the organization of production and distribution, Research design, Policy interventions and the flexibility of freight transport carriers, production, distribution, and freight transport in the Dutch printed media industry, Stated adaptations in the Dutch printed media industry to transport cost increases. Production, distribution, and transport costs: an evaluation, reflection and recommendations

Book Surface Freight Transportation

Download or read book Surface Freight Transportation written by Phillip Herr and published by DIANE Publishing. This book was released on 2011-05 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Road, rail, and waterway freight transportation is vital to the nation's economy. Gov't., tax, regulatory, and infrastructure investment policies can affect the costs that shippers pass on to their customers. If gov't. policy gives one mode a cost advantage over another, then shipping prices and customers' use of freight modes can be distorted, reducing the overall efficiency of the nation's economy. This report: (1) describes how gov't. policies can affect competition and efficiency within the surface freight transportation sector; (2) determines what is known about the extent to which all costs are borne by surface freight customers; and (3) discusses the use of the findings when making surface freight transportation policy. Illus. A print on demand report.

Book Handbook on Transport Pricing and Financing

Download or read book Handbook on Transport Pricing and Financing written by Alejandro Tirachini and published by Edward Elgar Publishing. This book was released on 2023-05-09 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking a comprehensive approach to two central, closely intertwined themes in the field of transport economics, this illuminating Handbook recognizes the critical socioeconomic importance of transport pricing and financing.

Book External Cost Calculator for Marco Polo Freight Transport Project Proposals

Download or read book External Cost Calculator for Marco Polo Freight Transport Project Proposals written by and published by . This book was released on 2011 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book New Models for Sustainable Logistics

Download or read book New Models for Sustainable Logistics written by Salvatore Digiesi and published by Springer. This book was released on 2015-08-05 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces new inventory models to support decision-making when cost of externalities are jointly considered along with costs of logistics. Internalization of cost of externalities gives rise to new logistics costs estimates and functions which managers, researchers, lecturers and students should refer in facing with logistics issues. This book focuses on freight transports of industrial production systems. Logistics play a key role for industries since it reveals a critical function designed and managed to pursue economic goals. A large amount of literature is available providing models, which can be used to minimize logistic costs. However, these models usually neglect externalities. New Models for Sustainable Logistics: Internalization of External Costs in Inventory Management is comprised of three chapters. Chapter 1 provides a taxonomy of external costs figures as well as data set enabling the reader to perform reliable estimates of freight transport external costs. To this purpose, a full scale case study is developed. Chapter 2 describes a new sustainable inventory management model whose cost functions include externalities. The classical ‘Economic Order Quantity’ model is re-formulated and the new concept of Sustainable Order Quantity (SOQ) is defined. Finally, in Chapter 3 the SOQ model is formulated for different inventory management applications referred to both deterministic and stochastic production environments. Numerical examples are also provided.