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Benefits and Costs of Transport

Erik Verhoef (), Peter Nijkamp, Piet Rietveld and T.R. Lakshmanan
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T.R. Lakshmanan: Bureau of Transportation Statistics, US Department of Transportation, Washington DC, USA

No 97-084/3, Tinbergen Institute Discussion Papers from Tinbergen Institute

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.

Date: 1997-08-21
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