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on Transport Economics |
| By: | Nobuyuki Ito (Center for the Promotion of Interdisciplinary Education and Research, Kyoto University); Kenji Takeuchi (Graduate School of Economics, Kobe University); Shunsuke Managi (Urban Institute & School of Engineering, Kyushu University) |
| Abstract: | We estimate willingness-to-pay (WTP) for battery-switching electric vehicles (SEVs) by using a stated choice experiment. Our estimation results show that individuals have high WTP for SEVs, provided sufficient battery-switching stations exist. When battery-switching infrastructure represents 50% of the current number of gasoline stations, individuals are indifferent between conventional gasoline vehicles and SEVs, which have a 521 thousand yen lower price than gasoline vehicles. Moreover, the estimation results suggest that vehicle drivers may recognize SEVs as vehicles for shorter drives such as daily shopping trips and thereby have lower marginal WTP with respect to cruising range. |
| Keywords: | electric vehicle, battery-switching stations, stated preference method, choice experiment, willingness-to-pay |
| JEL: | L62 Q42 Q51 |
| Date: | 2016–11 |
| URL: | http://d.repec.org/n?u=RePEc:koe:wpaper:1645&r=tre |
| By: | Eric Tchouamou Njoya (University of Huddersfield); Panayotis Christidis (European Commission – JRC) |
| Abstract: | Intercontinental air services between Europe and Africa are mainly governed by bilateral agreements negotiated between the individual countries of the EU and the various African governments. This paper provides an overview of the regulatory trends and development of air transport between EU and Africa, focussing on passenger traffic developments over the past five years and discusses the impact of liberalisation between Africa and the EU on the degree of concentration in airport traffic shares. Results indicate a growing role of Dubai and Istanbul and a decreasing role of European hubs as gateways to Africa. While Johannesburg, Cairo, Nairobi and Lagos remain the main international hubs in Africa, regional airport hubs have emerged in Algiers, Dar es Salaam and Casablanca. Liberalisation of EU-African aviation markets is likely to result in the emergence of further African regional hubs. |
| Keywords: | Transport economics, transport policy, aviation, air transport, EU, Africa |
| JEL: | R40 R41 R49 |
| Date: | 2017–06 |
| URL: | http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc106855&r=tre |
| By: | Özhan Yılmaz (PhD Candidate, Department of Economics, Middle East Technical University, Ankara, Turkey); Ebru Voyvoda (Department of Economics, Middle East Technical University, Ankara, Turkey) |
| Abstract: | Under the legacy of dominant transport appraisal approach, which mainly relies on traditional cost-benefit assessment (CBA) analyses, candidate policies and associated projects are evaluated in a way to take primarily aggregate information into account. Although it is practical to use these methods, working with aggregate values leaves every kind of disparities aside and individual level information is lost in aggregation. This means that we need better economic models doing more than reducing outcomes of evaluated policies to numerical aggregates and averages. This study proposes a hybrid approach to grasp the heterogeneity among different agents and to endogenise interactions among different markets. A discrete choice theory-based household residential location and transport mode choice model and a traffic equilibrium model based on Wardrop’s principles are embedded in a traditional computable general equilibrium (CGE) model representing a closed urban economy. This requires fully integrating three different models (economic model, household location and mode choice model, traffic equilibrium model) using a single mathematical framework. The proposed integrated model is tested using pseudo data of a city with four districts where connection between districts are provided through two-way roads passing through a central district. Households are categorised according to their residential location, working location, preferred commuting mode and social status. Different types of transport policies (i.e. capacity increase in private transport, public transport improvement) are evaluated and impacts of these policies on such parameters like household distribution, households’ demands on consumption goods and housing, housing prices are analysed. |
| Keywords: | Wider economy impacts, Transport Policy, Computable General Equilibrium, Discrete Choice Model |
| JEL: | C68 R21 R41 |
| Date: | 2017–06 |
| URL: | http://d.repec.org/n?u=RePEc:met:wpaper:1706&r=tre |
| By: | Kishore Bhoopalam, A.; Agatz, N.A.H.; Zuidwijk, R.A. |
| Abstract: | A truck platoon is a set of virtually linked trucks that drive closely behind one another using automated driving technology. Benefits of truck platooning include cost savings, reduced emissions, and more efficient utilization of road capacity. To fully reap these benefits in the initial phases requires careful planning of platoons based on trucks’ itineraries and time schedules. This paper provides a framework to classify various new transportation planning problems that arise in truck platooning, surveys relevant operations research models for these problems in the literature and identifies directions for future research. |
| Keywords: | Truck platooning, Optimization, Transportation, Automated driving, Review paper |
| Date: | 2017–06–17 |
| URL: | http://d.repec.org/n?u=RePEc:ems:eureri:100329&r=tre |
| By: | Bastian , Anne (KTH); Börjesson, Maria (KTH) |
| Abstract: | We analyse changes in individual travel behaviour in Stockholm County over 30 years, using three large cross-sectional travel survey data sets. We show how travel patterns diverge over time between city, suburban and rural residents. We relate these diverging travel patterns to changes in the labour market, ICT use and the digital/knowledge economy, land-use and transport policy, increased gender equality, and population size, composition and location. |
| Keywords: | Travel behavior; Land use policy; Urban; Agglomeration; Car use; Bicycling; ICT |
| JEL: | R40 |
| Date: | 2017–06–20 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:ctswps:2017_009&r=tre |
| By: | Francisco, Kris A. |
| Abstract: | It is well recognized in the literature that a country's transport system plays a central role in its development. This paper shows the economic impacts of improvements in the transport system by studying the experience of the Philippines with the roll-on/roll-off (Ro-Ro) policy that promotes the use of Ro-Ro ferry terminal system. Using difference-in-difference strategies in analyzing agricultural household income and children's education, the study finds that the operation of Ro-Ro ports largely benefited the households living near the Ro-Ro ports. More specifically, estimates suggest that agricultural households gained higher income from the operation of these ports because both agriculture- and nonagriculture-related activities were stimulated. Results also imply the boost in nonagriculture-related activities in the islands where the Ro-Ro ports are located. Meanwhile, analysis on children's education reveals an increase in school attendance of males and females in municipalities near the Ro-Ro ports. The study also confirms that there was an increase in family income in these areas, thereby suggesting the increased capacity of households to send children to school. As a whole, the study demonstrates some examples of short- and long-run impacts of improving a country's transport system. Likewise, it highlights the importance of an efficient and affordable transport system in an archipelagic country like the Philippines. |
| Keywords: | Philippines, education, agriculture, transport system, roll-on/roll-off policy, Ro-Ro |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:phd:dpaper:dp_2017-22&r=tre |
| By: | Steven Robins |
| Keywords: | Public Investments and Infrastructure |
| JEL: | E6 L3 R4 |
| URL: | http://d.repec.org/n?u=RePEc:cdh:ebrief:259&r=tre |
| By: | Gabe, Todd; Gayton, Dominic; Robinson, Patrick; McConnon, James; Larkin, Sean |
| Abstract: | This study examines the economic impact of cruise ship passengers visiting Bar Harbor in 2016. The economic impact figures account for passenger expenditures on a variety of goods and services (e.g., meals and drinks, souvenirs, books and paper goods, shore excursions) and the multiplier effects associated with the economic activity of businesses (and their workers) where the visitors spend money. The passenger economic impact analysis is based on 2,231 mail surveys that were completed and returned by visitors associated with 31 ship visits over 24 days between May and October. Guests were surveyed from a mix of small (e.g., American Glory, with a capacity of 49 passengers) and large ships (e.g., Regal Princess, with a capacity of 3,560 passengers), as well as passengers across a variety of cruise lines (e.g., Celebrity, Crystal Cruises, Holland America, Norwegian Cruise Lines, Oceania, Silversea Cruises). The survey respondents spent an average of $108—and $74 of this amount does not include expenditures on cruise-line sponsored tours. The largest expenditure items, other than cruise-line sponsored tours, are meals and drinks, clothing items, and general souvenirs. The cruise ship passengers had an estimated annual economic impact—including multiplier effects—of $20.2 million in local spending, 379 jobs (full- and part-time, and seasonal) and $5.4 million in labor income. |
| Keywords: | Cruise ships, economic impact, tourism, Bar Harbor |
| JEL: | L83 R11 |
| Date: | 2017–02 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:79834&r=tre |