The external costs of private versus public road transport in the Metropolitan Area of Santiago, Chile
Luis Ignacio Rizzi and
Cristobal De La Maza
Transportation Research Part A: Policy and Practice, 2017, vol. 98, issue C, 123-140
We estimate marginal external costs per kilometer for car and bus in the Metropolitan Area of Santiago, Chile, in terms of congestion, road damage, accidents, air pollution and noise. Estimates are provided for both peak and off-peak periods. To carry out our analysis, we collected and integrated the output of several local studies. These estimates should contribute to a better debate on how to manage efficiently motor vehicles externalities by means of both (pigouvian) tax instruments, public transport subsidies and regulation. We also offer a comparison of our results with those reported in the literature.
Keywords: Urban transport; Marginal external cost of motoring; Value of time; Value of life and limb (search for similar items in EconPapers)
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