Professor Gernot Sieg in "The Guardian" about green waves for Cyclists
The Guardian reports on green waves for cyclists with the help of IVM studies.
The Guardian reports on green waves for cyclists with the help of IVM studies.
Following a successful colloquium, the Faculty Council of the Department of Economics at the University of Münster has granted Dr. Jan Wessel the authorization to teach (venia docendi) for economics. The IVM congratulates Dr. Jan Wessel and is happy that he will continue to be involved in the IVM as a private lecturer.
Federal Minister of Transport, Patrick Schnieder, MdB, has reappointed Professor Gernot Sieg as a member of the Scientific Advisory Board at the Federal Ministry of Transport for another six-year term.
The Advisory Board’s primary role is to advise the Federal Minister on all matters of transport policy. It provides expert opinions at the Minister’s request and issues statements on its own initiative.
Professor Gernot Sieg, who also serves as Chair of the Scientific Advisory Board, expressed his gratitude for the trust placed in him and looks forward to another six years of intensive and productive collaboration within the Board.
In 2023, 1.85 million conventional bicycles and 2.1 million electric bicycles (“e-bike”) were sold in Germany making it the first year in which more e-bikes were sold than conventional bicycles. This trend indicates a growing preference for e-bikes among consumers, so that it is important to study whether increasing sales would also translate into increasing usage of e-bikes. In their new article "Electrifying choices: How electric bicycles impact on mode choice and CO2 emissions", Thomas Hagedorn, Marlena Meier and Jan Wessel analyze (i) the influence of e-bike ownership on transport mode choice and (ii) how a change in e-bike ownership affects CO2 emissions in Germany. Using longitudinal data from household surveys from 2016 to 2022, we first conduct a trip-level analysis with a mixed multinomial logit model (MMNL model) to estimate mode choice probabilities. The results show that the change in e-bike ownership significantly affects travel behavior, by increasing the likelihood of choosing an e-bike as means of transportation by 14.6 percentage points (p.p.), while correspondingly decreasing the likelihood of choosing other modes, especially conventional bicycles by 5.6 p.p, as well as car and public transportation by about 4 p.p each. Second, by using observed changes in individual distances traveled and transport-mode-specific emissions values, we calculate net emissions savings per person after acquiring an e-bike. These savings amount to 526.9 kg CO2 per person and year, which is roughly 6.6% of the average annual total CO2 emissions per capita in Germany. The article is published in Transportation Research Part D: Transport and Environment.
Gernot Sieg from the University of Münster and Berthold U. Wigger from the Karlsruhe Institute of Technology (KIT) introduce the vehicle value externality as a previously unacknowledged cost of car traffic. Unlike established externalities such as emissions or congestion, the vehicle value externality arises from the impact of vehicle value on accident damages. By developing a model linking insurance premiums to this externality and applying it to German car traffic data, the annual aggregate cost are estimated at 10 billion euros in 2021. Since this externality has not been internalized by policy makers so far, too expensive cars are bought in Germany and therefore insurance premiums for cars are too high. The article is published in the journal Economics Letters.
Thank you for the kind feedback on the module "Advanced Transport Economics", which led to a podium position in the Master's Teaching Price
The Institute of Transport Economics is seeking to fill a position for a student assistant (studentische Hilfskraft) at the earliest possible date. Further information can be found here.
A speed limit for highways is a highly emotional issue in Germany. Economists should contribute methodologically sound facts. In his new commentary, Gernot Sieg considers which aspects of a cost-benefit analysis for a speed limit by Goessling et al (2023) could be improved. The commentary was recently published in the journal Ecological Economics Link to comment.
Parts of the new Economics image video were recorded today. Everyone is excited to see how it will turn out in the end.