True cost of road travel

Wadhwa, L.C., and Wirasinghe, S.C. (2003) True cost of road travel. In: Sucharov, L.J., and Brebbia, C.A., (eds.) Urban Transport IX: urban transport and the environment in the 21st century. WIT Press, Southhampton, UK, pp. 525-534.

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A key strategy in achieving sustainable transportation is the full cost charging regime for the motorists. However, the development of rational and fair charging policies must be based on the recognition of true externalities that are currently not paid for by the motorists. This research has revealed that contrary to common belief, the external components of the highly publicized community cost of accidents and congestion are insignificant. However, the environmental impacts of transportation are significant and very little of this cost is recovered from the motorists. This finding is useful for developing full cost charging system.

Item ID: 7495
Item Type: Book Chapter (Research - B1)
ISBN: 978-1-85312-961-2
Keywords: congestion costs; costs of road travel; external costs; infrastructure costs; internal costs; social costs
Date Deposited: 23 Dec 2009 23:44
FoR Codes: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1507 Transportation and Freight Services > 150799 Transportation and Freight Services not elsewhere classified @ 100%
SEO Codes: 88 TRANSPORT > 8801 Ground Transport > 880199 Ground Transport not elsewhere classified @ 100%
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