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.


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    Title :

    Valuation of environmental externalities: from theory to decision‐making


    Contributors:
    Gastaldi, M. (author) / Pradayrol, J‐P. (author) / Quinet, E. (author) / Rega, M. (author)

    Published in:

    Publication date :

    1996-07-01


    Size :

    13 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    Unknown