External benefits of a road transportation system with vehicle-to-everything communications

Hye Jeong Lee; Seung Hoon Yoo; Sesil Lim; Sung Yoon Huh

doi:10.1016/j.tranpol.2023.02.015

External benefits of a road transportation system with vehicle-to-everything communications

Hye Jeong Lee, Seung Hoon Yoo, Sesil Lim, Sung Yoon Huh

Dept. of Future Energy Convergence

Research output: Contribution to journal › Article › peer-review

6 Scopus citations

Abstract

Greenhouse gas (GHG) emissions on roads accounts for about three-quarters of the total emissions of the transport sector, and therefore it is vital to reduce them. South Korea plans to expand 30% of all roads to the cooperative intelligent transport system (C-ITS). This transport system uses vehicle-to-everything communication technologies to reduce GHG emissions by 2030. This study analysed the external benefits of expanding C-ITS using the preference data from a choice experiment. A mixed logit model is used to analyse the heterogeneity of the respondents’ preferences. We find that the marginal willingness to pay for reducing traffic congestion, reducing traffic accidents, improving fuel economy, reducing particulate matter emissions and reducing GHG emissions are KRW 137.63/%, KRW 189.92/%, KRW 82.71/%, KRW 447.47/%, and KRW 81.03/%, respectively. It is expected that this result will provide basic data and implications for related transportation policies.

Original language	English
Pages (from-to)	128-138
Number of pages	11
Journal	Transport Policy
Volume	134
DOIs	https://doi.org/10.1016/j.tranpol.2023.02.015
State	Published - Apr 2023

Keywords

Carbon emissions
Discrete choice model
Stated preference techniques
V2X communication
Willingness to pay

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.tranpol.2023.02.015

Cite this

@article{246b962626934cdb90fc2832829ab3f5,

title = "External benefits of a road transportation system with vehicle-to-everything communications",

abstract = "Greenhouse gas (GHG) emissions on roads accounts for about three-quarters of the total emissions of the transport sector, and therefore it is vital to reduce them. South Korea plans to expand 30\% of all roads to the cooperative intelligent transport system (C-ITS). This transport system uses vehicle-to-everything communication technologies to reduce GHG emissions by 2030. This study analysed the external benefits of expanding C-ITS using the preference data from a choice experiment. A mixed logit model is used to analyse the heterogeneity of the respondents{\textquoteright} preferences. We find that the marginal willingness to pay for reducing traffic congestion, reducing traffic accidents, improving fuel economy, reducing particulate matter emissions and reducing GHG emissions are KRW 137.63/\%, KRW 189.92/\%, KRW 82.71/\%, KRW 447.47/\%, and KRW 81.03/\%, respectively. It is expected that this result will provide basic data and implications for related transportation policies.",

keywords = "Carbon emissions, Discrete choice model, Stated preference techniques, V2X communication, Willingness to pay",

author = "Lee, \{Hye Jeong\} and Yoo, \{Seung Hoon\} and Sesil Lim and Huh, \{Sung Yoon\}",

note = "Publisher Copyright: {\textcopyright} 2023 Elsevier Ltd",

year = "2023",

month = apr,

doi = "10.1016/j.tranpol.2023.02.015",

language = "English",

volume = "134",

pages = "128--138",

journal = "Transport Policy",

issn = "0967-070X",

}

TY - JOUR

T1 - External benefits of a road transportation system with vehicle-to-everything communications

AU - Lee, Hye Jeong

AU - Yoo, Seung Hoon

AU - Lim, Sesil

AU - Huh, Sung Yoon

PY - 2023/4

Y1 - 2023/4

N2 - Greenhouse gas (GHG) emissions on roads accounts for about three-quarters of the total emissions of the transport sector, and therefore it is vital to reduce them. South Korea plans to expand 30% of all roads to the cooperative intelligent transport system (C-ITS). This transport system uses vehicle-to-everything communication technologies to reduce GHG emissions by 2030. This study analysed the external benefits of expanding C-ITS using the preference data from a choice experiment. A mixed logit model is used to analyse the heterogeneity of the respondents’ preferences. We find that the marginal willingness to pay for reducing traffic congestion, reducing traffic accidents, improving fuel economy, reducing particulate matter emissions and reducing GHG emissions are KRW 137.63/%, KRW 189.92/%, KRW 82.71/%, KRW 447.47/%, and KRW 81.03/%, respectively. It is expected that this result will provide basic data and implications for related transportation policies.

AB - Greenhouse gas (GHG) emissions on roads accounts for about three-quarters of the total emissions of the transport sector, and therefore it is vital to reduce them. South Korea plans to expand 30% of all roads to the cooperative intelligent transport system (C-ITS). This transport system uses vehicle-to-everything communication technologies to reduce GHG emissions by 2030. This study analysed the external benefits of expanding C-ITS using the preference data from a choice experiment. A mixed logit model is used to analyse the heterogeneity of the respondents’ preferences. We find that the marginal willingness to pay for reducing traffic congestion, reducing traffic accidents, improving fuel economy, reducing particulate matter emissions and reducing GHG emissions are KRW 137.63/%, KRW 189.92/%, KRW 82.71/%, KRW 447.47/%, and KRW 81.03/%, respectively. It is expected that this result will provide basic data and implications for related transportation policies.

KW - Carbon emissions

KW - Discrete choice model

KW - Stated preference techniques

KW - V2X communication

KW - Willingness to pay

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U2 - 10.1016/j.tranpol.2023.02.015

DO - 10.1016/j.tranpol.2023.02.015

M3 - Article

AN - SCOPUS:85149897565

SN - 0967-070X

VL - 134

SP - 128

EP - 138

JO - Transport Policy

JF - Transport Policy

ER -

External benefits of a road transportation system with vehicle-to-everything communications

Abstract

Keywords

UN SDGs

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