| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| Social Cost Pricing when Public Transport is an Option Value |
| Roberto Roson
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| 发表日期 | 1998
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| 出处 | Climate Change and Sustainable Development
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| 出版年 | 1998
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| 语种 | 英语
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| 摘要 | A well-known principle of welfare economics states that an efficient resources allocation can be achieved in a competitive economy when market prices are in line with social marginal costs. When applied to the transport sector, this implies that the price of the various transport modes should be made equal to the sum of marginal production and external costs, like congestion, accidents, pollution, and road maintenance. It is sometimes argued that the internalisation of external costs would bring about a change in demand patterns with a shift towards public transport and cleaner modes. But, public transport is already favoured by a discriminatory fiscal treatment. Whereas public services are normally (heavily) subsidised, private transport is taxed in several ways and, in some countries, quite substantially so. The application of the ìoptimal pricingî principle, therefore, critically depends on how the subsidisation of public services is interpreted.
This paper addresses the issue of optimal pricing of urban transport, using different hypotheses about the treatment of public services. After reviewing some traditional arguments in favour of public transport subsidisation, a new approach, based on uncertainty and option values, is discussed. The implications of this approach are investigated by means of an applied model, where optimal prices for urban transport services in the city of Bologna are computed under alternative assumptions. |
| 特色分类 | R48,H21
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| 关键词 | Urban Transportation,Option Value,Optimal Taxation,Modal Choice
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/social-cost-pricing-when-public-transport-is-an-option-value/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116363
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推荐引用方式
GB/T 7714 |
Roberto Roson. Social Cost Pricing when Public Transport is an Option Value. 1998.
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文件名：
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NDL1998-067.pdf
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格式：
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Adobe PDF
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