Skip to main content

Full Benefits and Costs of Transportation: Review and Prospects

  • Conference paper
The Full Costs and Benefits of Transportation

Abstract

Since transportation is a part of every good and service produced in the economy, the transportation system in an affluent and highly industrialized economy is a very large enterprise. In the U.S., the transportation system accounts for over 4 trillion passenger miles of travel and almost 4 trillion miles of freight, generated by over 260 million people, 6 million business establishments, and 80,000 units of government. Every tenth American worker is engaged in moving people or goods, fabricating, selling, or servicing transport vehicles and infrastructure, or providing other crucial services supporting the transportation system. Indeed, transportation accounts for about 11% of the U.S. gross domestic product—a contribution roughly comparable to major functional sectors such as food (12%), health (14%), and education (7%).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Andersson A. E., C. Anderstig and B. Harsman. (1989). Knowledge and Communications Infrastructure and Regional Economic Change, University of Umea

    Google Scholar 

  • Arnott R., A. de Palma and R. Lindsey. (1994). “The Welfare Effects of Congestion Tolls with Heterogeneous Commuters,” Journal of Transport Economics, 28, 139–161.

    Google Scholar 

  • Blum U. (1982). Effects of Transportation Investments on Regional Growth Papers of the Regional Science Association 151–168

    Google Scholar 

  • BTS (Bureau of Transportation Statistics). (1995). Transportation Statistics Annual Report 1995, Washington, DC.

    Google Scholar 

  • Button, K. J. and P. Nijkamp. (1994). “Transport Externalities,” Special Issue of Transportation Research, 28A(4).

    Google Scholar 

  • Diewert, W. E. and T. J. Wales. (1987). “Flexible Functional Forms and Curvature Conditions,” Econometrica, 55(1), 43–68.

    Article  Google Scholar 

  • Emmerink, R. H. M, P. Nijkamp and P. Rietveld. (1995). “Is Congestion-Pricing a First-Best Strategy in Transport Policy? A Critical Review of Arguments,” Environment and Planning, 22B, 581–602.

    Google Scholar 

  • European Commission. (1995). Towards Fair and Efficient Pricing in Transport, COM(95)691, European Commission, Directorate-General for Transport-DG VII, Brussels.

    Google Scholar 

  • Evans, A. W. (1992). “Road Congestion Pricing: When Is it a Good Policy? ” Journal of Transport Economics and Policy, 26, 213–243.

    Google Scholar 

  • Fukuchi, T. (1978). “Analyse Jconomie-politique d’un dJveloppement rJgional harmonisJ,” Collection INSEE, 227–253.

    Google Scholar 

  • Giuliano, G. (1992). “An Assessment of the Political Acceptability of Congestion Pricing,” Transportation, 19(4), 335–358.

    Article  Google Scholar 

  • Goddard, H. C. (1997). “Sustainability, Tradable Permits and the World’s Large Cities: A New Proposal for Controlling Vehicle Emissions, Congression and Urban Decentralization with an Application to Mexico City,” International Journal of Environment and Pollution,forthcoming.

    Google Scholar 

  • Humpelnick, F. (1996). Alternatives for Financing Investments in Transport, Paper prepared for the Bureau of Transportation Statistics.

    Google Scholar 

  • Layard, R. (1977). “The Distributional Effects of Congestion Taxes,” Economica, 44, 297–304.

    Article  Google Scholar 

  • Mody, Ashok. (1996). Infrastructure Delivery: Private Initiative and the Public Good, Economic Development Institute of The World Bank, EDI Development Studies.

    Google Scholar 

  • Nadiri, M. Ishaq and Theofanis P. Mamuneas. (1996). Contribution of Highway Capital Infrastructure to Industry and Aggregate Productivity Growth, March, a report prepared (Apogee Research Inc.) for the Federal Highway Administration Office of Policy Development, Work Order No. BAT-94-008.

    Google Scholar 

  • Nijkamp, P. and P. Rietveld. (1993). “Transport and Regional Development,” in: J. Polak and A. Heertje (1993) European Transport Economics Blackwell, Oxford.

    Google Scholar 

  • Nijkamp P., S. Rienstra and J. M. Vleugel. (1996). Transport Scenarios for the Future, John Wiley, New York, Chichester, et

    Google Scholar 

  • Richardson, Harry Ward. (1974). A Note on the Distributional Effects of Road Pricing,’ Journal of Transport Economics and Policy, 8, 82–85.

    Google Scholar 

  • Rietveld, P. (1989). “Infrastructure and Regional Development: A Survey of Multiregional Economic Models,” Annals of Regional Science, 23, 255–274.

    Article  Google Scholar 

  • Schrank, D.L., S.M. Turner, and T.J. Lomax, 1994. Trends in Urban Roadway Congestion, 1982 to 1991, Vol 1: Annual Report, Research Report 1131–1136, College Station, Texas.

    Google Scholar 

  • Small, K. A. (1983). “The Incidence of Congestion Tolls on Urban Highways,” Journal of Urban Economics, 13, 90–111.

    Article  Google Scholar 

  • Small, K. A. (1992). “Using the Revenues from Congestion Pricing, ” Transportation, 19(4), 359–381.

    Article  Google Scholar 

  • Verhoef, E. T. (1994). “External Effects and Social Costs of Road Transport,” Transportation Research, 28A(4), 273 287.

    Google Scholar 

  • Verhoef, E. T. (1996). The Economics of Regulating Road Transport, Edward Elgar, Aldershot.

    Google Scholar 

  • Verhoef E. T., P. Nijkamp and P. Rietveld. (1995a). “Second-Best Regulation of Road Transport Externalities, ” Journal of Transport Economics and Policy, 29, 147–167.

    Google Scholar 

  • Verhoef E. T., P. Nijkamp and P. Rietveld. (1995b). “The Economics of Regulatory Parking Policies,” Transportation Research, 29A(2), 141–156.

    Google Scholar 

  • Verhoef E. T., P. Nijkamp and P. Rietveld. (1996a). “Second-Best Congestion Pricing: The Case of an Untolled Alternative,” Journal of Urban Economics, 40 (3), 279–

    Article  Google Scholar 

  • Verhoef E. T., P. Nijkamp and P. Rietveld. (1996b). “The Trade-Off Between Efficiency, Effectiveness and Social Feasibility of Regulating Road Transport Externalities,” Transportation Planning and Technology, 19, 247–263.

    Article  Google Scholar 

  • Verhoef E. T., P. Nijkamp and P. Rietveld. (1997a). “The Social Feasibility of Road Pricing: A Case Study for the Randstad Area,” Journal of Transport Economics and Policy,forthcoming.

    Google Scholar 

  • Verhoef E. T., P. Nijkamp and P. Rietveld. (1997b). “Tradable Permits: Their Potential in the Regulation of Road Transport Externalities,” Environment and Planning B (Planning and Design), forthcoming.

    Google Scholar 

  • Vickerman, R. W. (1991). Infrastructure and Regional Development, Pion, London.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 1997 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Lakshmanan, T.R., Nijkamp, P., Verhoef, E. (1997). Full Benefits and Costs of Transportation: Review and Prospects. In: Greene, D.L., Jones, D.W., Delucchi, M.A. (eds) The Full Costs and Benefits of Transportation. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-59064-1_14

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-59064-1_14

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-63123-1

  • Online ISBN: 978-3-642-59064-1

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics