English, Article edition: Climate Change and Inland Waterway Transport: Welfare Effects of Low Water Levels on the river Rhine Olaf Jonkeren; Piet Rietveld; Jos van Ommeren

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Climate Change and Inland Waterway Transport: Welfare Effects of Low Water Levels on the river Rhine
Author
  • Olaf Jonkeren
  • Piet Rietveld
  • Jos van Ommeren
Physical Description
  • article
Notes
  • The authors derive the annual welfare effects of low water levels on the river Rhine employing detailed trip data reported by bargemen between January 2003 and July 2005. They find a considerable effect of water levels on freight price per ton and load factor, but the effect on the price per trip is close to zero. Using water level information over a period of almost 20 years, the average annual welfare loss due to low water levels is estimated to be about €28 million. In years with extremely low water levels, such as in 2003, the loss amounts to about €91 million, about 13 per cent of the market turnover in the part of the Rhine market considered. © 2007 LSE and the University of Bath
  • RePEc:tpe:jtecpo:v:41:y:2007:i:3:p:387-411
Language
  • English
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