Transport economics and policy analysis is a field which has seen major advances in methodology in recent decades. The transport sector has many unique characteristics - non-storability, economies of scale and scope, indivisibilities and extensive production of positive and negative externalities - that need careful consideration in any analysis. The aim of this handbook is to provide an overview of the essential research methods with illustrations of how they are applied in practice. The book is divided into six sections - transport costs, externalities, transport demand, pricing and investment, regulation and privatisation, and transport policy impacts. Each section comprises several chapters, divided by mode of transport or other relevant factor.Some of the unique features include:* a comprehensive overview of methods used in transport economics and policy analysis from leading researchers in the field* up-to-date methodology for analysing transport costs and demand* examples of how to value the full range of externalities of transport, including both costs and benefits * guidance on how to assess the impact of privatisation and (de)regulation, with examples from local public transport, rail and air* identification of the relevant factors involved in transport pricing, including roads, public transport, ports and airports * an analysis of the neglected topic of equity in transport. This illustrative overview of research methods will be essential to researchers, students and practitioners in academia, government and business.
Contents: 1. Introduction Chris NashPART I COSTS2. Road and Rail Infrastructure Costs Heike Link3. Public Transport Operations Costs Andrew Smith, Phill Wheat and Michal Wolanski4. Freight CostsTony FowkesPART II EXTERNALITIES5. Valuing Transport Externalities Luis I Rizzi and Juan de Dios Ortuzar 6. Road Congestion Tony May, Ronghui Liu and Simon Shepherd7. Congestion and Scarcity in Scheduled Transport ModesJan-Eric Nilsson8. Accidents Gunnar Lindberg PART III DEMAND9. Demand for Road transport John Bates10. Public Transport Demand John Preston11. Freight Demand Gerard de JongPART IV PRICING AND INVESTMENT12. Road Pricing and Investment Stef Proost13. Pricing Public Transport ServicesJan Owen Jansson, Johan Holmgren and Anders Ljungberg14. Airport Pricing and InvestmentGines de Rus and Ofelia Betancor15. Port PricingEddy Van de Voorde, Hilde Meersman and Siri StrandenesPART V DEREGULATION AND PRIVATISATION16. Local and Regional Public TransportDidier Van de Velde17. RailChris Nash18. AirlinesSteve Morrison Part VI Transport Policy Impacts19. Economic Impacts of Transport PolicyRoger Vickerman20. Approaches to Internalisation of Transport Externalities Werner Rothengatter21. Equity in TransportJohn Stanley and Janet StanleyIndex