search query: @author Rietveld, P. / total: 16
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Author: | Jonkeren, O. Rietveld, P. Ommeren, J. van |
Title: | Climate change and inland waterway transport: Welfare effects of low water levels on the river Rhine |
Journal: | Journal of Transport Economics and Policy
2007 : SEP, VOL. 41:3, p. 387-411 |
Index terms: | transport economics freight transport water resources welfare |
Freeterms: | waterway transport |
Language: | eng |
Abstract: | This paper presents the annual welfare effects of low water levels (here as: w-lvs.) on the river Rhine employing detailed trip data reported by bargemen from Jan. 2003 to Jul. 2005. There is found a considerable effect of w-lvs. on freight price per ton and load factor. However, the effect on the price per trip is close to zero. Using w-lvs. information during of almost 20 years, the average annual welfare loss due to low w-lvs. is estimated to be about EUR 28 million. In years with extremely low w-lvs., e.g. in 2003, the loss amounts to about EUR 91 million, about 13 percent of the market turnover in the part of the Rhine market considered. |
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