The Oosterweel Junction Revisited

26 Pages Posted: 21 Mar 2010

See all articles by Saskia Van Der Loo

Saskia Van Der Loo

Katholieke Universiteit Leuven. KUL. Faculty of Business and Economics

Stef Proost

KU Leuven - Department of Economics

Date Written: March 2010

Abstract

This paper assesses the Oosterweel junction, a new tunnel under the river Scheldt, that aims to alleviate the congestion on the existing tunnels and on the Ring of Antwerp. The paper uses data from existing studies of the same project to calibrate a simple network model (MOLINO-II). The model is then used to compare alternatives with and without the new tunnel. The alternatives include different combinations of tolls and bans on trucks. The study concludes that the first priority is not to build new capacity but to remove the pricing distortions on the existing capacity. The alternatives that include a pricing reform are the only ones that generate a positive net benefit, almost all scenarios that include the new tunnel have a negative net benefit.

Suggested Citation

Van Der Loo, Saskia and Proost, Stef V., The Oosterweel Junction Revisited (March 2010). Available at SSRN: https://ssrn.com/abstract=1571122 or http://dx.doi.org/10.2139/ssrn.1571122

Saskia Van Der Loo (Contact Author)

Katholieke Universiteit Leuven. KUL. Faculty of Business and Economics ( email )

Naamsestraat 69
Leuven, B-3000
Belgium

Stef V. Proost

KU Leuven - Department of Economics ( email )

Leuven, B-3000
Belgium
016 32 66 35 (Phone)
016 32 67 96 (Fax)