Köhler, Jonathan; Jin, Ying; Barker, Terry - In: Journal of Transport Economics and Policy 42 (2008) 1, pp. 1-21
This paper combines SCENES, an EU transport model with E3ME, an EU macroeconometric model. Social Marginal Cost Pricing (SMCP) and fuel tax increases were combined with a concentrated TEN-T programme. Large externalities mean an SMCP with very high revenues; if recycled through reductions in...