Pricing and Cost Recovery in Long Distance Transport / Edition 1

by David Starkie, M.R. Grenning, M.M. Starrs

Overview

The 1977 BTE Report on Cost Recovery in Australian Transport 1974-75 provided estimates of the aggregate level of financial cos~ recovery in the various modes, by broad transport task. It suggested that there were substantial differences between modes in the level of cost recovery. The 1979 Transport Pricing and Cost Recovery seminar concluded that economic efficiency objectives required more attention 1n transport pricing and investment decisions than had been apparent in the past. The principles for economically efficient pricing were spelt out, and several specific issues were identified, which are worth following up in this seminar. These include reconciliation of financial and econom1C efficiency objectives and the identification of appropriate revenue targets; specification of the changes 1n accounting and management information systems which would be required to implement more economically rational pricing; and identification of the principles for estimating compensation for public service obligations. Finally, a brief account 18 given of recent BTE work on cost recovery in general aviation, and in road and rail transport. BTE has suggested that econom1C efficiency considerations would require substantial modification to the present means of collecting revenue from general aviation, with more reliance placed on direct pricing measures like flight-specific alr navigation charges and airport movement charges. On road-rail competition, an order of magnitude comparison of road and rail cost recovery in the Adelaide-Victorian border corridor suggests that only the road mode approximately covers short-run avoidable costs and that both modes fail to cover long-run avoidable costs.

Product Details

ISBN-13:	9789024726837
Publisher:	Springer Netherlands
Publication date:	09/30/1982
Series:	Developments in Transport Studies , #4
Edition description:	1982
Pages:	301
Product dimensions:	6.10(w) x 9.25(h) x 0.03(d)

Table of Contents

One: Setting the Scene.- Recent Cost Recovery Developments in Australian Transport.- Transport Regulation and the Interstate Commission.- A Pricing Framework for Cost Recovery.- Cost Recovery: an Investment Perspective.- Track Costs, Road Pricing and Cost Recovery.- Two: Sector Reviews.- Long Distance Passenger Transport.- Long Distance Freight Transport.- Three: Freight Transport, Problems and Issues.- Rail Freight.- Heavy Freight Vehicles.- Coastal Shipping.- Freight Forwarding.- Four: Passenger Transport, Problems and Issues.- Rail Services.- Domestic Air Services.- Coach Services.- Five: Implementation.- Multitudes, Multitudes in the Valley of Decision.- Six: Summary of Dicussion and Seminar Conclusions.- The Contributors.- Acronyms for Australian Organisations.