Transport continues to present considerable challenges for both policymakers and economists throughout the world. This book provides a rigorous analytical approach to transport economics and transport policy, showing how economic principles can be applied to problems and practical solutions derived. As well as providing detailed coverage on the conventional topics of demand, costs, market structure, externalities, investment appraisal and regulation, the book also examines the wider role of transport in the economy as a whole. In addition, the authors address the important link between transport and issues of location, urban and regional development, and economic growth. Throughout the book there are frequent references to policy issues at both the national and EU level, complemented by a comprehensive discussion on the different ways in which policy has evolved in various European countries. The concluding chapter draws together some of the problems encountered in moving from the theories and models developed in the book to the actual implementation of specific policy measures. The authors believe that only policies based on a thorough understanding of the economics of transport can help solve some of the pressing problems facing governments across Europe. This unique book addresses a wide range of issues and makes use of cutting-edge data to provide a set of universal tools to analyse and inform policy at all levels. It assumes only a basic knowledge of economics and will be essential reading for students at advanced undergraduate and postgraduate level following courses on transport economics, regional science, urban studies and geography. It will also prove a valuable source of reference for policymakers involved in the provision and regulation of transport and researchers interested in transport planning and policy.

In an increasingly globalised world, despite reductions in costs and time, transportation has become even more important as a facilitator of economic and human interaction; this is reflected in technical advances in transportation systems, increasing interest in how transportation interacts with society and the need to provide novel approaches to understanding its impacts. This has become particularly acute with the impact that Covid-19 has had on transportation across the world, at local, national and international levels. Encyclopedia of Transportation, Seven Volume Set - containing almost 600 articles - brings a cross-cutting and integrated approach to all aspects of transportation from a variety of interdisciplinary fields including engineering, operations research, economics, geography and sociology in order to understand the changes taking place. Emphasising the interaction between these different aspects of research, it offers new solutions to modern-day problems related to transportation. Each of its nine sections is based around familiar themes, but brings together the views of experts from different disciplinary perspectives. Each section is edited by a subject expert who has commissioned articles from a range of authors representing different disciplines, different parts of the world and different social perspectives. The nine sections are structured around the following themes: Transport Modes; Freight Transport and Logistics; Transport Safety and Security; Transport Economics; Traffic Management; Transport Modelling and Data Management; Transport Policy and Planning; Transport Psychology; Sustainability and Health Issues in Transportation. Some articles provide a technical introduction to a topic whilst others provide a bridge between topics or a more future-oriented view of new research areas or challenges. The end result is a reference work that offers researchers and practitioners new approaches, new ways of thinking and novel solutions to problems. All-encompassing and expertly authored, this outstanding reference work will be essential reading for all students and researchers interested in transportation and its global impact in what is a very uncertain world.

Major transport infrastructures are increasingly in the news as both the engineering and financing possibilities come together. However, these projects have also demonstrated the inadequacy of most existing approaches to forecasting their impacts and their overall evaluation. This collection of papers from a conference organized by the Association of d'Econometrie Appliquee represents a state of the art look at issues of forecasting traffic, developing pricing strategies and estimating the impacts in a set of papers by leading authorities from Europe, North America and Japan.

This comprehensive two-volume collection provides a selection of key writings on the economics of transport published since 1990. Topics covered include transport, economic activity and the spatial economy; demand and activity-based approaches; costs, scale and scope; external costs, efficiency and the wider impacts of transport; and competition and regulation. Along with a new and original introduction, the editor has brought together 59 seminal papers which demonstrate a continuing vitality in transport economics research. This set of papers will be a valuable aid to all involved in transport research and provide encouragement to advanced students of the many unresolved issues needing further study.

Spatial Implications and Planning Criteria for High-speed Rail Cities and Regions evaluates the varied experiences that HSR systems have brought about to different station-cities and their regional territories around the world, with an eye towards better future planning and policy of such systems. This edited volume draws from examples of high-speed rail operations in different cities in Europe and Asia to depict the various impacts of this major transportation infrastructure. It attempts to distinguish the short- and long-term impacts described in the literature, classifying them into regional and inter-urban effects, urban effects, and wider economic impacts. Planning challenges appear at two major points: 1) during the initial planning stage that includes the route and location of stations; and 2) during the development process that follows. The case studies in the book concentrate on a variety of topics from the impact of high-speed rail on population growth in some station-cities, to the regional economic impacts that an HSR system can bring about to the larger territories it passes through, to the potential of station-cities to better attract firms, or to experience increases in tourism and commerce. They also assess planning strategies and experiences from station-cities to draw lessons for future HSR planning policies. The Chapters in this book were originally published in a special issue of European Planning Studies.

Understanding the economics and the wider impact of transport infrastructure presents a major challenge to economists. The scale of investment, indivisibilities, the setting of appropriate charges and the rate of economic growth are problems which require analyses and create controversy. Further contentious issues are the need to rely on public sector finance and certain ambiguities concerning impact on productivity.The editors have brought together in Transport Infrastructure a set of classic readings in the literature which show the development of analysis in this field. As the names in this volume show, some of the best economic thinkers of the twentieth century have addressed these multi-faceted problems. This authoritative new collection of previously published papers presents a selection of the developments in a field which is still attracting new ideas and challenging transport planners and governments in both the developed and developing world, and indicate something of the diversity of analysis needed and the problems which remain.

Transport continues to present considerable challenges for both policymakers and economists throughout the world. This book provides a rigorous analytical approach to transport economics and transport policy, showing how economic principles can be applied to problems and practical solutions derived. As well as providing detailed coverage on the conventional topics of demand, costs, market structure, externalities, investment appraisal and regulation, the book also examines the wider role of transport in the economy as a whole. In addition, the authors address the important link between transport and issues of location, urban and regional development, and economic growth. Throughout the book there are frequent references to policy issues at both the national and EU level, complemented by a comprehensive discussion on the different ways in which policy has evolved in various European countries. The concluding chapter draws together some of the problems encountered in moving from the theories and models developed in the book to the actual implementation of specific policy measures. The authors believe that only policies based on a thorough understanding of the economics of transport can help solve some of the pressing problems facing governments across Europe. This unique book addresses a wide range of issues and makes use of cutting-edge data to provide a set of universal tools to analyse and inform policy at all levels. It assumes only a basic knowledge of economics and will be essential reading for students at advanced undergraduate and postgraduate level following courses on transport economics, regional science, urban studies and geography. It will also prove a valuable source of reference for policymakers involved in the provision and regulation of transport and researchers interested in transport planning and policy.

Spatial Implications and Planning Criteria for High-speed Rail Cities and Regions evaluates the varied experiences that HSR systems have brought about to different station-cities and their regional territories around the world, with an eye towards better future planning and policy of such systems. This edited volume draws from examples of high-speed rail operations in different cities in Europe and Asia to depict the various impacts of this major transportation infrastructure. It attempts to distinguish the short- and long-term impacts described in the literature, classifying them into regional and inter-urban effects, urban effects, and wider economic impacts. Planning challenges appear at two major points: 1) during the initial planning stage that includes the route and location of stations; and 2) during the development process that follows. The case studies in the book concentrate on a variety of topics from the impact of high-speed rail on population growth in some station-cities, to the regional economic impacts that an HSR system can bring about to the larger territories it passes through, to the potential of station-cities to better attract firms, or to experience increases in tourism and commerce. They also assess planning strategies and experiences from station-cities to draw lessons for future HSR planning policies. The Chapters in this book were originally published in a special issue of European Planning Studies.

'I want to thank the editors for bringing this project to fruition and compiling in one volume contributions which will interest both transport specialists and economists. Engineers and management experts will benefit from the summaries, and rigorous analysis, of recent advances in economic research applied to their fields of interest. Researchers and students in economics will see how economic theory can be applied in a specific context to enrich the study of one sector, transport. In this way, the handbook contributes to the cross-fertilisation of different areas of knowledge and constitutes an important development in the advancement of that knowledge.' - From the foreword by Daniel L. McFadden, 2000 Nobel Laureate in Economics Bringing together insights and perspectives from close to 70 of the world's leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the relationship between transport and the spatial economy, recent advances in travel demand analysis, the external costs of transport, investment appraisal, pricing, equity issues, competition and regulation, the role of public - private partnerships and the development of policy in local bus services, rail, air and maritime transport. This Handbook is designed both for use on postgraduate and advanced undergraduate courses and as a reference for anyone working in the field. It also complements the textbook Principles of Transport Economics. Contributors include: S.P. Anderson, H. Andersson, R. Arnott, B. Bartin, L. Basso, A. Behar, M. Ben Akiva, Y. Berechman, M. Beuthe, C.R. Bhat, J. Brocker, M.R. Brooks, K. Button, C.G. Chorus, J. Clougherty, M. Delucchi, A. de Palma, A. Estache, R. Friedrich, J. Gifford, D. Gillen, D. Graham, D. Hensher, E. Iossa, S. Jara-Diaz, E. Juan, Y. Kanemoto, M. Lafourcade, J. Laird, R. Lindsey, D. Mac Fadden, P. Mackie, D. Martimort, D. McCubbin, H. Meersman, J. Mercenier, C. Nash, T. Oum, K. Ozbay, A.R. Pinjari, M. Ponti, S. Proost, R. Renault, P. Rietveld, E. Quinet, G. Santos, T. Tabuchi, J. Thisse, H.J.P. Timmermans, A. Trannoy, N. Treich, L. Trujillo, T. Vanelslander, E. Van de Voorde, A.J. Venables, E. Verhoef, R. Vickerman, J. Walker, W.G. Waters II, M. Wegener, K. Yamaguchi, O. Yanmaz-Tuzel, Y. Yoshida, A. Zhang, Y. Zhang

Major transport infrastructures are increasingly in the news as both the engineering and financing possibilities come together. However, these projects have also demonstrated the inadequacy of most existing approaches to forecasting their impacts and their overall evaluation. This collection of papers from a conference organised by the Applied Econometric Association represents a state of the art look at issues of forecasting traffic, developing pricing strategies and estimating the impacts in a set of papers by leading authorities from Europe, North America and Japan.

'I want to thank the editors for bringing this project to fruition and compiling in one volume contributions which will interest both transport specialists and economists. Engineers and management experts will benefit from the summaries, and rigorous analysis, of recent advances in economic research applied to their fields of interest. Researchers and students in economics will see how economic theory can be applied in a specific context to enrich the study of one sector, transport. In this way, the handbook contributes to the cross-fertilisation of different areas of knowledge and constitutes an important development in the advancement of that knowledge.' - From the foreword by Daniel L. McFadden, 2000 Nobel Laureate in Economics Bringing together insights and perspectives from close to 70 of the world's leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the relationship between transport and the spatial economy, recent advances in travel demand analysis, the external costs of transport, investment appraisal, pricing, equity issues, competition and regulation, the role of public - private partnerships and the development of policy in local bus services, rail, air and maritime transport. This Handbook is designed both for use on postgraduate and advanced undergraduate courses and as a reference for anyone working in the field. It also complements the textbook Principles of Transport Economics. Contributors include: S.P. Anderson, H. Andersson, R. Arnott, B. Bartin, L. Basso, A. Behar, M. Ben Akiva, Y. Berechman, M. Beuthe, C.R. Bhat, J. Brocker, M.R. Brooks, K. Button, C.G. Chorus, J. Clougherty, M. Delucchi, A. de Palma, A. Estache, R. Friedrich, J. Gifford, D. Gillen, D. Graham, D. Hensher, E. Iossa, S. Jara-Diaz, E. Juan, Y. Kanemoto, M. Lafourcade, J. Laird, R. Lindsey, D. Mac Fadden, P. Mackie, D. Martimort, D. McCubbin, H. Meersman, J. Mercenier, C. Nash, T. Oum, K. Ozbay, A.R. Pinjari, M. Ponti, S. Proost, R. Renault, P. Rietveld, E. Quinet, G. Santos, T. Tabuchi, J. Thisse, H.J.P. Timmermans, A. Trannoy, N. Treich, L. Trujillo, T. Vanelslander, E. Van de Voorde, A.J. Venables, E. Verhoef, R. Vickerman, J. Walker, W.G. Waters II, M. Wegener, K. Yamaguchi, O. Yanmaz-Tuzel, Y. Yoshida, A. Zhang, Y. Zhang

This valuable and engaging new book bears eloquent testimony to A.P. Thirlwall's substantial contribution to economics over the last 40 years. The volume does not attempt to provide a comprehensive review of such a prolific figure, but rather demonstrates the considerable influence that his work on economic theory has had on his contemporaries, and the profession as a whole. From his early pioneering research in regional and labour economics to his more recent exploration of growth and development economics, leading experts in the field bear witness to the significant role he has played in the evolution of the discipline. In addressing some of the most pivotal aspects of his career, the contributors cover a range of topics including 'Thirlwall's Law', the application of Keynesian macroeconomic approaches, the 'General Theory' within open economies, the connection between short-run cycles and long-run growth, endogenous growth theory, the Stability and Growth Pact, as well as broader development issues and problems. In championing Thirlwall's challenging work, this volume provides a lively and comprehensive account of some of the most important areas of economics today. This book will prove an essential read for academics and policy makers alike who are interested in trade, growth and development economics.