HIDDEN COSTS AND REVENUES IN RAILWAY AND ROAD TRANSPORT

Authors
Citation
J. Zeman, HIDDEN COSTS AND REVENUES IN RAILWAY AND ROAD TRANSPORT, Finance a uver, 48(3), 1998, pp. 179-189
Citations number
11
Categorie Soggetti
Business Finance
Journal title
ISSN journal
00151920
Volume
48
Issue
3
Year of publication
1998
Pages
179 - 189
Database
ISI
SICI code
0015-1920(1998)48:3<179:HCARIR>2.0.ZU;2-6
Abstract
This article seeks to make a national-economy balance of uncalculated costs and profits of railway and road transport in the Czech Republic in 1996. The author calculates government financial help in building r ailway and road infrastructure, granting unprofitable personal railway and bus transport (lack of town mass transport), tax concessions give n to road transport (railways do not receive them), estimated costs fr om damage to people's health through pollution, noise, and transport a ccidents from railway and road transport. There are also calculations of extraordinary profits - what the government obtained from profit of consumer tax at fuel and road tax. Table N 2 is the result and docume nts the fact that in the Czech Republic in 1996, road transport costs are about 12.3 mid. CZK higher than railway transport costs, not inclu ding non-economic damages and economic damages of a smaller extent. Be cause these dates are connected with some problems and some smaller da mages are not calculated, careful interpretation is necessary. Three b asic directions of a solution to distortion of transport costs in the Czech Republic are sketched.