Estimating the Air Pollution Costs of transport Modes

Estimating the Air Pollution Costs of transport Modes

Damage from air pollution appears not to justify large reductions in automobile travel in typical US urban areas; but it does justify significant expenditure on control of pollution. But local conditions vary widely, and some categories of pollution were not covered

Share Content

Facebook
Twitter
LinkedIn

Related Articles

Cost Functions for Inland Waterways transport in the United States

American inland waterway transport is subject to a complicated system of control by government agencies, which require knowledge of costs. Inland waterway costs have fallen slightly, and a large share of the market has come into the hands of a small number of firms. The authors find increasing returns to scale for size of firm and output.

View Journal »

Rail Costs and Capital Adjustments in a Quasi-Regulated Environment

This paper reports on the estimation of a cost function using pooled data for major US railroads for the period of 1974-86. Analysis is performed of short and long-run returns to scale, the extent of capital disequilibrium, and the adjustments to capital in the heavily regulated and quasi-regulated environments before and after the passage of the Staggers Act in 1980. It is found that there is considerable overcapitalisation in the rail industry and that this has persisted in spite of the Act.

View Journal »