Lecture by Dr. Kathrin Goldmann on 12.12.2023
On 12.12.2023, a guest lecture by Dr. Kathrin Goldmann as part of the lecture Fundamentals of Transport Economics will take place. The topic is state transport planning at the Ministry of the Environment, Nature Conservation and Transport of the State of North Rhine-Westphalia (MUNV).
With the support of the German Aviation Research Society (GARS),
Gössling et al. (2023) claim to calculate the welfare effect of a speed limit of 130 km/h in Germany. Since they do not consider tax revenues from gasoline and diesel, they overestimate the welfare gain by about 378 million euros. A speed limit increases travel times. Gössling et al. (2023) calculate travel time increases using a simplified approach that underestimates costs by an order of magnitude equal to their full (tax-adjusted) welfare effect. A speed limit induces some traffic to switch to another mode or not to travel at all. The reduced costs of driving less are crucial to their calculation, but the losses in consumer surplus associated with reduced traffic are ignored. Gössling et al. (2023) do not calculate a value associated with the welfare changes of a 130 km/h speed limit on highways for Germany.