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- W799202313 abstract "In recent decades, the scale of logistics activity and the role of transportation has increased significantly. This resulted in higher value creation for the globalized world economy. On the other hand, especially transportation is increasingly responsible for specific negative externalities (contribution to greenhouse gas emissions and thus to climate change, local air pollution, noise etc.) The value added for economy and society by transportation can be measured in different ways, however, its negative consequences are quite complicated to quantify, even if it is a key issue, if there is a decision to manage these side effects possibly cost efficiently. This paper aims to provide an overview on the economic valuation of transportation-based noise and cost-benefit analysis of noise control measures and actions. Although economic valuation can provide hard and monetized data for decision makers, it is relatively underused in current practice. In cost-benefit analysis related to noise control measures, the greatest challenge is usually posed by the monetization of benefits. The costs of noise reduction measures are generally known or can be calculated, as is the reduction in noise levels brought about by these measures. The main question therefore is determining the value of a given reduction in noise level. In this study, the authors present an overview of the possible methods for the monetary valuation of noise as non-market good, notably benefit transfer, which was applied in our research. For this end, the authors use the values obtained in previous cases as the basis for the calculations. A specific application of the benefit transfer method is presented from a recently completed pilot project in Hungary. In the framework of the project, the authors developed a tool for municipalities enabling them to preliminary assess the benefits of potential noise control measures and rank possible options. This can be very helpful to achieve the highest benefit for the society with limited resources. Finally, the authors study presents a brief summary of the theoretical considerations concerning the creation of the noise-control calculator and the results obtained from ten pilot projects in three sample areas." @default.
- W799202313 created "2016-06-24" @default.
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- W799202313 date "2012-12-14" @default.
- W799202313 modified "2023-09-28" @default.
- W799202313 title "A Cost-Benefit Approach for Evaluating Transportation-Based Noise Control Projects" @default.
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