Recent Developments in Transport Economics (International Library of Critical Writings in Economics)

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Overview

Thirty-five previously published papers are presented by Button (public policy, George Mason U.) in this reader surveying transport economics. The papers are drawn primarily from the late 1990s and cover topics in transport cost and productivity analysis, transport demand, network economics, environmental issues, economics of safety and security, economic analysis of traffic congestion, liberalization of transport markets, transport and land use, and transport and trade. Annotation ©2004 Book News, Inc., Portland, OR
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Table of Contents

Acknowledgements
Introduction
1 Labor Specialization, Transport Costs, and City Size 3
2 The Role of Captivity in Aggregate Share Models of Intercity Passenger Travel 24
3 Service Quality and Motor Carrier Costs: An Empirical Analysis 40
4 Efficiency and Productivity Growth Comparisons of European and U.S. Air Carriers: A First Look at the Data 52
5 Cost Savings and Productivity in the Railroad Industry 63
6 Information Effects in Transport with Stochastic Capacity and Uncertainty Costs 85
7 Car Ownership and Use in Britain: A Comparison of the Empirical Results of Alternative Cointegration Estimation Methods and Forecasts 107
8 Market Price and Income Elasticities of New Vehicle Demands 123
9 A Model of Scheduling in Airline Networks: How a Hub-and-Spoke System Affects Flight Frequency, Fares and Welfare 131
10 The Implementation of Marginal External Cost Pricing in Road Transport: Long Run vs. Short Run and First-Best vs. Second-Best 161
11 Modifying Transport Prices to Internalise Externalities: Evidence from European Case Studies 187
12 The Health Costs of Motor-Vehicle-Related Air Pollution 206
13 Road Transport Externalities: Interaction between Theory and Empirical Research 240
14 Incorporating Accident Risk and Disruption in Economic Models of Public Transport 257
15 Resource Allocation in Public Policy: The Effects of the 65-mph Speed Limit 287
16 The Value of a Statistical Life in Transport: Findings from a New Contingent Valuation Study in Sweden 294
17 A Cost-Benefit Analysis of US Motor Carrier Safety Programmes 308
18 Road Congestion: The Diagrammatic Analysis 327
19 Supply Curves for Urban Road Networks 334
20 A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand 364
21 Congestion Caused by Speed Differences 383
22 Congestion Pricing and Capacity of Large Hub Airports: A Bottleneck Model with Stochastic Queues 407
23 Cost Efficiency in the US Motor Carrier Industry Before and After Deregulation: A Stochastic Frontier Approach 453
24 Airline Mergers: A Longer View 468
25 The Technical Efficiency of Public and Private Ownership in the Rail Industry: The Case of Swiss Private Railways 482
26 The Indirect Cost-Saving Hypothesis of Privatisation: A Public Transport Labour Earnings Test 493
27 Private Roads 507
28 Spatial Integration, Transport Costs, and the Response of Local Prices to Policy Changes in Ghana 539
29 A Tale of Two Cities: Relationships Between Urban Form, Car Ownership and Use and Implications for Public Policy 560
30 Transport Costs and Rural Development 600
31 Trade in International Transport Services: The Role of Competition 623
32 The Effects of Transborder Trucking Regulations on Inbound Trucks and the Trucking Infrastructure 636
33 A Synthetic Approach to Estimating the Impacts of Telecommuting on Travel 649
34 Contestability, Competition and Regulation: The Case of Liner Shipping 679
35 Socially Optimal Capacity and Capital Structure in Oligopoly: The Case of the Airline Industry 698
Name Index 713
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