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The editors have included not only classic papers by Griliches, Keeler and Caves et al on cost functions, Baumol on pricing and regulation and Foster and Beesley on investment, but also lesser known papers which pioneer up to date methods. Together these form a valuable collection of previously published articles which will be of interest to researchers and policy analysts in the industry and to academics and students specialising in rail transport policy and economics.
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Product Details

  • ISBN-13: 9781840645538
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 10/1/2002
  • Series: Classics in Transport Analysis Series
  • Pages: 552
  • Product dimensions: 6.50 (w) x 9.70 (h) x 1.80 (d)

Table of Contents

1 Cost Allocation in Railroad Regulation 3
2 Railroad Costs, Returns to Scale, and Excess Capacity 19
3 Productivity in U.S. Railroads, 1951-1974 27
4 Network Effects and the Measurement of Returns to Scale and Density for U.S. Railroads 43
5 Economic Efficiency of Railways and Implications for Public Policy: A Comparative Study of the OECD Countries 'Railways' 67
6 The General Welfare in Relation to Problems of Taxation and of Railway and Utility Rates 87
7 The Role of Cost in the Minimum Pricing of Railroad Services
8 An Analysis of the Rail Transport System 125
9 Some Subtle Pricing Issues in Railroad Regulation 175
10 The Evolution of Railroad Regulation in the United States 190
11 Privatization of the Japan National Railway: Overview of Performance Changes 201
12 The Policy Debate in Great Britain 226
13 The Demand for Intercity Passenger Transportation 261
14 Gravity/Elasticity Models for the Planning of the Inter-urban Rail Passenger Business 275
15 The Characteristics of Railway Passenger Demand 290
16 Inter-urban Rail Demand, Elasticities and Competition in Great Britain: Evidence from Direct Demand Models 313
17 Demand Forecasting for New Local Rail Stations and Services 327
18 Forecasting the Demand for Railway Freight Services 347
19 Linear or Nonlinear Utility Functions in Logit Models? The Impact on German High-Speed Rail Demand Forecasts 369
20 Establishing a Fare Elasticity Regime for Urban Passenger Transport 380
21 Stated Preference Techniques in Measuring Travel Elasticities 406
22 Leisure Travel 416
23 Validation of Stated Preference Forecasting: A Case Study Involving Anglo-Continental Freight 439
24 Estimating the Social Benefit of Constructing an Underground Railway in London 455
25 Pricing and Investment in Railway Freight Services 468
26 The Regional Impact of the TGV 480
27 Response of Urban Real Estate Values in Anticipation of the Washington Metro 491
28 Appraisal of Rail Projects 513
Name Index 521
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