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By combining standardised calculation methods for total noise levels and monetary estimates from well-established evaluation methods, this study outlines a model to estimate the short-run marginal cost (SRMC) for road and railway noise that is able to differentiate not only modes of transport,...
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In this study we estimate the demand for peace and quiet, and thus also the willingness to pay for railway noise abatement, based on both steps of the hedonic model regression on property prices. The estimated demand relationship suggests welfare gains for a 1 dB reduction of railway noise as;...
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By combining standardized calculation methods for total noise levels and monetary estimates from well established evaluation methods, this study outlines a model to estimate the short run marginal cost (SRMC) for road and railway noise that is able to differentiate not only modes of transport,...
Persistent link: https://www.econbiz.de/10011004737
In order to mitigate the negative effects of transportation and to achieve a competitive transport sector, infrastructure charges in the European Union should be based on short-run marginal costs. This paper shows that railway-noise charges can be estimated using already obtained knowledge of...
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