SURFACE TRANSPORT COSTS AND CHARGES - GREAT BRITAIN 1998

This report provides two sets of information (the efficiency perspective and the cost coverage perspective) that may be used in a complementary way for transport policy development in relation to surface transport charging, taxation and subsidy. Both road and rail sectors, and passenger and freight transport are covered. Political and economic welfare approaches are considered. The criteria used in the analyses are explained. The disaggregations for the road transport framework developed in the study are 11 area types, 3 road types, five vehicle types and two time periods (peak hour and off-peak hour ). The disaggregations for the rail transport model are InterCity passenger services, regional rail passenger services, London commuter catchment-based passenger services, bulk freight and other freight. For the road sector, marginal cost analysis suggested that transport charges would need to rise if charges are to be set on economic efficiency grounds. A far higher degree of differentiation in charges than existing instruments allow for is considered necessary. Subsidy to the bus industry is not considered fully justified on a purely economic efficiency basis. The fully allocated cost analysis suggested that social costs are covered. For the rail sector, marginal cost analysis suggested that transport charges would need to increase for passenger rail and decrease for freight if charges are to be set on economic efficiency grounds and that the subsidy for passenger rail services is not fully justified. The fully allocated cost analysis indicated that rail freight almost covers its social costs but that passenger services cover only half of social costs.

• Availability:
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• Corporate Authors:

  INSTITUTE FOR TRANSPORT STUDIES

  UNIVERSITY OF LEEDS
  LEEDS,   United Kingdom  LS2 9JT
• Authors:
  • SANSOM, T
  • Nash, C
  • MACKIE, P
  • SHIRES, J
  • WATKISS, P
• Publication Date: 2001

Language

• English

Media Info

• Features: References;
• Pagination: vii+124p

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Economic efficiency; Economic factors; Economics; Externalities; Financing; Freight transportation; Passenger transportation; Policy; Railroad transportation; Tariffs; Transportation
• Geographic Terms: United Kingdom
• ITRD Terms: 226: Cost benefit analysis; 237: Economic efficiency; 263: Economics of transport; 244: Financing; 1112: Freight transport; 1146: Passenger transport; 173: Policy; 1173: Rail bound transport; 215: Social cost; 241: Tariff; 8119: United Kingdom
• Subject Areas: Economics; Finance; Policy; Transportation (General);

Filing Info

• Accession Number: 00981097
• Record Type: Publication
• Source Agency: Transport Research Laboratory
• ISBN: 0-85316-223-9
• Files: ITRD
• Created Date: Nov 3 2004 12:00AM