Internalisation of External Effects in European Freight Corridors
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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External effects or externalities “consist of the costs and benefits felt beyond or ‘external to’ those causing the effect” (Anderson, 2006). In the case of transportation, the negative externalities (costs) can take the form of air pollution, noise and accidents. Since external effects do not have a market price, external effects are a form of...
