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Estimating marginal external costs of transport in Delhi
Authors:Akshaya Kumar Sen  Geetam Tiwari  Vrajaindra Upadhyay
Institution:1. Housing & Urban Development Corp. Ltd. (HUDCO), HUDCO Bhawan, India Habitat Centre, Lodhi Road, New Delhi 110 003, India;2. Professors in Indian Institute of Technology, Delhi, India
Abstract:This paper develops the model and methodology to estimate the marginal external cost of urban road transport, which is necessary for analysing optimal urban transport prices. Four major marginal external costs analysed in this paper include the marginal external costs for congestion, air pollution, road accidents and noise. The paper estimates the marginal external costs for cars and buses in peak and off-peak periods for Delhi urban agglomeration for the year 2005.
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