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Transport has remained high on the British political agenda as
gridlock on the roads and the aftershocks of rail privatization
have forced continual modifications and developments in the
approach of the Labour government, which came to office in 1997,
and pledged to establish an integrated transport policy. This
comprehensively revised and updated new edition of the leading text
in the field provides full coverage of the historical, political
and European context of British transport policy, of the new
financial and regulatory regimes of the Twenty-first century and of
the impact of such major new initiatives as London's congestion
charge.
The only significant road pricing scheme in the UK is that
introduced by Ken Livingstone in London. But the technology now
exists to develop a nationwide scheme of road user charging, with
prices to road users varying with the level of congestion in a
given area at a given time. The only obstacles to implementing road
user charging would seem to be political. Stephen Glaister and
Daniel Graham have used sophisticated geographical and economic
modelling to examine the potential effects of different types of
road user charging schemes. The results of the modelling are
explained lucidly and clearly. Using the results of the authors'
models, policymakers should be able to find an approach which is
acceptable given the practical realities they face. The authors
also look carefully at the implications of road user charging and
identify other policy areas that policymakers would need to
consider.
This examination of transport economics brings alive economic
theories for students, elucidating traditional concepts by applying
them to a real world context. It examines the microeconomic
concepts that underpin this sector and the implications for
transport markets with real examples from across the EU. Also
available is a companion website with extra features to accompany
the text, please take a look by clicking below -
http://www.palgrave.com/economics/transport/Home.aspx
This examination of transport economics brings alive economic
theories for students, elucidating traditional concepts by applying
them to a real world context. It examines the microeconomic
concepts that underpin this sector and the implications for
transport markets with real examples from across the EU. Also
available is a companion website with extra features to accompany
the text, please take a look by clicking below -
http://www.palgrave.com/economics/transport/Home.aspx
This second edition covers all the main problems that arise in a typical cost-benefit exercise. It is entirely up to date, reflecting the most recent research in the area. Part One covers the main theoretical issues affecting cost-benefit analysis. Part Two considers the problem of ascribing a monetary value to things. The third part covers six separate case studies drawn from real-life examples. The book begins with an extended elementary introduction written by the editors.
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