English, Article edition: Integrated Modelling of EU Transport Policy: Assessing Economic Growth Impacts from Social Marginal Cost Pricing and Infrastructure Investment Jonathan Köhler; Ying Jin; Terry Barker

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Bookmark: http://trove.nla.gov.au/version/32668
Physical Description
  • article
Language
  • English

Edition details

Title
  • Integrated Modelling of EU Transport Policy: Assessing Economic Growth Impacts from Social Marginal Cost Pricing and Infrastructure Investment
Author
  • Jonathan Köhler
  • Ying Jin
  • Terry Barker
Physical Description
  • article
Notes
  • This paper combines SCENES, an EU transport model with E3ME, an EU macroeconometric model. Social Marginal Cost Pricing (SMCP) and fuel tax increases were combined with a concentrated TEN-T programme. Large externalities mean an SMCP with very high revenues; if recycled through reductions in other, distortional taxes, GDP significantly increases. France, Italy, and Finland have the largest GDP increases; Denmark, France, and Sweden have the largest employment increases. These results are critically dependent on the revenue recycling, demonstrating the importance of a full macroeconomic analysis, including the fiscal policy implications, combined with a detailed analysis of the transport impacts. © 2008 LSE and the University of Bath
  • RePEc:tpe:jtecpo:v:42:y:2008:i:1:p:1-21
Language
  • English
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