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- W642220117 abstract "There is still controversy about the magnitude of the effects of vehicle emissions on public health and the environment, and about appropriate policies to reduce these effects. Economists make three assumptions when assessing the impacts of human activities that create risks for the environment. This paper presents a study that estimated three types of external costs due to road vehicles for the city of Neuchatel, Switzerland in 1990: noise, accidents, and damage to buildings from dirt and corrosion. A hedonic price approach was used to estimate the monetary value that people place on a reduction of noise. Three different methods were used to estimate the private and external costs of accidents: (1) reparation costs for medical expenses; (2) human capital for loss of earnings; and (3) court decisions for pain and suffering. A direct approach was used to estimate damage to building facades. Estimated costs per vehicle-km are tabulated for private and external costs for several personal and freight road transport modes. The private costs of accidents nearly times higher than the combined external costs. The paper finally discusses possible implications of these figures for public policies. For the covering abstract, see IRRD 885092." @default.
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- W642220117 date "1992-01-01" @default.
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- W642220117 title "MONETARY EVALUATION OF SOCIAL COSTS OF URBAN TRANSPORT: A CASE STUDY OF NEUCHATEL" @default.
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