Barriers to Passenger Rail Use: A Review of the Evidence

Research has shown that even when rail travel is the most cost-effective mode of transport for a particular journey, many travellers will still choose other modes. This indicates the existence of non-financial barriers to rail use, and this paper reviews the evidence on the importance of such barriers, focusing particularly on the UK but also considering research from other countries. A total of 37 distinct barriers were identified, and these can be divided into “hard”, “soft” and “complementary” factors. Travellers are unlikely to consider these barriers individually, viewing them instead as a package, which can make it difficult to identify which barriers are most significant. In many cases, all barriers which exist for a particular traveller will need to be addressed before mode shift occurs. After considering the relative importance of the different barriers, the paper concludes by making some suggestions as to the most effective ways in which these barriers can be overcome and mode shift to rail achieved. This has key implications for transport policy, as it can inform the targeting of the limited funds available to influence travel behaviour and increase the sustainability of travel patterns.     

Tolls,Terms and Public Interest in Road Concessions Privatization: A Comparative Analysis of Recent Transactions in the USA and France

Abstract

Recent concessions in France and in the USA have resulted in a dramatic difference in the valuation placed on the toll roads; the price paid by the investors in France was 12 times current cash flow whereas investors paid 60 times current cash flow for US toll roads. In this paper, we explore two questions: what accounts for the difference in these multiples? and what are the implications with respect to the public interest? Our analysis illustrates how structural and procedural decisions made by the public owner affect the concession price. Further, the terms of the concession have direct consequences that are enjoyed or borne by the various stakeholders of the toll road.     

Introducing Willingness‐to‐pay for Noise Changes into Transport Appraisal: An Application of Benefit Transfer

Abstract

Numerous research studies have elicited willingness‐to‐pay values for transport‐related noise. However, in many industrialized countries including the UK, noise costs and benefits are still not incorporated into appraisals for most transport projects and policy changes. This paper describes the actions recently taken in the UK to address this issue, comprising: primary research based on the city of Birmingham; an international review of willingness‐to‐pay evidence; the development of values using benefit transfers over time and locations; and integration with appraisal methods. Amongst the main findings are: that the willingness‐to‐pay estimates derived for the UK are broadly comparable with those used in appraisal elsewhere in Europe; that there is a case for a lower threshold at 45 dB(A)Leq,18h rather than the more conventional 55 dB(A); and that values per dB(A) increase with the noise level above this threshold. There are significant issues over the valuation of rail versus road noise, the neglect of non‐residential noise and the valuation of high noise levels in different countries. Conclusions are drawn regarding the feasibility of noise valuation based on benefit transfers in the UK and elsewhere, and future research needs in this field are discussed.     

Estimating Recreation and Existence Values of Sea Otter Expansion in California Using Benefit Transfer

This article demonstrates how benefit transfer can quantify tourism and existence values. Existing literature values of sea otters and a meta analysis yield benefit estimates of several million dollars for the increased number of sea otters expected by USFWS in the next decade if the “no otter zone” is eliminated and otters allowed to expand along the Santa Barbara coast. These benefit estimates of sea otter expansion exceed the costs to commercial fishing. Thus the benefit transfer approach can contribute to a more complete economic analysis of endangered species recovery or critical habitat efforts than the current USFWS approach.     

The Port of Baltimore: off the beaten track?

The Port of Baltimore has recently experienced alarming traffic trends. Most measures of port vitality have been going the wrong way—tonnage, ship calls, market share, steamship service. rail service. Baltimore has been squeezed by external forces and circumstances. Dergulated rail and truck rates have not favoured Baltimore, nor have railroad mergers that have led to rail traffic concentrations at rival seaports. Federal approval of dredging projects has been delaed. Crises in the labour market have created a climate of uncertainty. Global trade patterns and intermodel itineraries have shifted, again, it seems, not to Baltimore'advantage. Baltimore needs new public port policy recommendations. This paper explains some of the problems and offers preliminary suggestions.     

A technique for the investigation of scheme benefits in large-scale transport networks

Existing methods of evaluating large-scale transport networks involve the use of mathematical models of traffic flow which are generally both large and complex. However, the time and cost involved in the use of these models normally restricts their use for the detailed forecasting of traffic flows and costs to the assessment of a relatively small number of alternative patterns of overall investment. In order to evaluate the individual projects and groups of projects which go to make up an overall investment plan, it is, therefore, usually necessary to make simplifying assumptions about the influence of any one project on the overall traffic pattern, so as to isolate it from the influence of neighbouring projects. These assumptions generally result in the loss of a certain amount of the detail normally available from a standard model, and the task of assessing the relative value of different projects and the amount of interaction between them is made more difficult.This paper describes a new technique, designed to permit the evaluation of individual projects whilst still retaining the level of detail available from a full-scale mathematical model. The aim has been to produce a cheap and easy-to-use technique, capable of producing substantially the same results as a standard model. The technique uses newly developed computer algorithms which short-cut the full-scale model by forecasting the changes in an existing travel pattern resulting from the influence of a particular project. Initial tests suggest that approaching the problem in this way can save up to 70% of the computing time and costs involved in the use of a standard model for the evaluation of individual projects.The technique as described here is envisaged as a tool for aiding strategic investment decisions. It can, however, provide data for more detailed investigations, and could, with modifications, carry out these investigations on smaller problems than those for which it was originally designed.Crown copyright reserved, 1973     

The effect of socio-economic factors on the value of time in commuting to work

It is important to specify accurately the dollar value assigned to time savings, since up to eighty percent of the benefits estimated to accrue from improvements in transportation systems are associated with savings in travel time. In this paper the economic theory of consumer choice is utilized to structure a model that is used to estimate how Value of Time (VOT) measures vary with community-related variables.Parameters for this theoretical model are empirically estimated using data from transportation surveys conducted in Ithaca and Syracuse, New York and Amherst, Massachusetts. The results confirm the validity of the theoretical model and suggest that leisure time, travel cost, and household income level, as well as community population, are important determinants of the marginal value of time. These models are particularly suited for transferring data results obtained in one community to another, thereby saving survey costs, since the resulting VOT estimates are based solely on underlying socio-economic variables and community characteristics that are known for most localities. The methodology is also useful for estimating different VDT's for particular population subgroups, like the elderly, which may be the focus of a particular transportation project.     

Container shipping in 1990

By 1990 express shuttle container ships will dominate the USA/North European and USA/Pacific trades. The pattern is already apparent in the Pacific. These will touch only a few ports such as Halifax, New York and Virginia on the Atlantic and Los Angeles/Long Beach, Oakland and Seattle/Tacoma in the West. Their low costs and good services will capture over 80% of available general cargo. Round the world systems will be left with lucrative fringe business in the Mediterranean, US Gulf/South Atlantic, Singapore, India and Arab countries.

Progress will be sensitive to twelve trends. Most important of these will be labour resistance and management concerns about rapid obsolescence of ships and terminals. Rail and ship costs have been rationalized and are not as flexible as terminal costs. The ultimate terminal will consume about one third of the time and money presently needed.

This paper is chiefly intended to suggest a forecasting methodology.     

The role of congestion of transportation networks in urban location and travel choices

Congestion of urban transportation systems results from an equilibrium of location and travel choices with generalized travel costs which increase with vehicle flows as well as other factors. The use of network equilibrium concepts in analyzing urban policies and evaluating alternative plans is examined. Issues arising in the use of network equilibrium models are described, and formulations of urban network prediction and design models are explored.     

The case for using cost benefit analysis to evaluate the supply of public goods in the maritime industry

In an era in which economists have rediscovered their belief in the economic efficiency of free markets and espoused privatization as a policy means of achieving these benefits, perhaps it is advisable to consider some of the difficulties markets have in supplying public and merit goods. In the following article, the case of the Hydrographic Service safety services and the difficulties of using traditional accounting methods to assess the adequacy of that provisions. It is also argued that the techniques of cost benefit analysis should be used to assess the adequacy of the supply of public goods and a framework is suggested for the evaluative structure.