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Ramsey pricing including CO2 emission cost: An application to Spanish airports

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  • Martín-Cejas, Roberto Rendeiro

Abstract

The long-term growth in the air transport is leading to the need to expand airport infrastructure but this has serious environmental implications. Thus, there is the need to establish an alternative to the traditional airport pricing structure for landing fees, which reflects the overall costs that air transport operators impose on others. Airport pricing should provide a sound guide for future investments, and at the same time reflect whether additional facilities are needed and at what price, by taking into account all costs, including environmental costs. This paper analyses one application of Ramsey Pricing on uncongested Spanish airport, by considering the CO2 emission costs as a valuable input.

Suggested Citation

  • Martín-Cejas, Roberto Rendeiro, 2010. "Ramsey pricing including CO2 emission cost: An application to Spanish airports," Journal of Air Transport Management, Elsevier, vol. 16(1), pages 45-47.
    • Handle: RePEc:eee:jaitra:v:16:y:2010:i:1:p:45-47
    DOI: 10.1016/j.jairtraman.2009.07.001
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    References listed on IDEAS

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    1. Tol, Richard S. J., 2005. "The marginal damage costs of carbon dioxide emissions: an assessment of the uncertainties," Energy Policy, Elsevier, vol. 33(16), pages 2064-2074, November.
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    3. Brons, Martijn & Pels, Eric & Nijkamp, Peter & Rietveld, Piet, 2002. "Price elasticities of demand for passenger air travel: a meta-analysis," Journal of Air Transport Management, Elsevier, vol. 8(3), pages 165-175.
    4. Olsthoorn, Xander, 2001. "Carbon dioxide emissions from international aviation: 1950–2050," Journal of Air Transport Management, Elsevier, vol. 7(2), pages 87-93.
    5. Martín-Cejas, Roberto Rendeiro, 1997. "Airport pricing systems in europe and an application of Ramsey pricing to Spanish airports," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 33(4), pages 321-327, December.
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