Valuation of environmental externalities: from theory to decision‐making
- 1 July 1996
- journal article
- research article
- Published by Taylor & Francis in Transportation Planning and Technology
- Vol. 19 (3-4) , 207-219
- https://doi.org/10.1080/03081069608717569
Abstract
Valuation of externalities is a condition for correct investment and pricing decisions in transport. This paper provides a brief survey of the main studies achieved in OECD countries in order to get these valuations. Numerical values for the average social cost of transport are presented. The procedures according to which environment is taken into account in France and Italy are analyzed, and the importance of valuation in these procedures is assessed. Finally, prospects for further research and new developments are expressed.Keywords
This publication has 1 reference indexed in Scilit:
- TRANSPORT, THE ENVIRONMENT AND ECONOMIC POLICYPublished by Edward Elgar Publishing ,1993