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Transport Economics: 4th Edition 4th edition [Kõva köide]

  • Formaat: Hardback, 592 pages, kõrgus x laius: 244x169 mm
  • Ilmumisaeg: 20-May-2022
  • Kirjastus: Edward Elgar Publishing Ltd
  • ISBN-10: 1786435667
  • ISBN-13: 9781786435668
Teised raamatud teemal:
  • Formaat: Hardback, 592 pages, kõrgus x laius: 244x169 mm
  • Ilmumisaeg: 20-May-2022
  • Kirjastus: Edward Elgar Publishing Ltd
  • ISBN-10: 1786435667
  • ISBN-13: 9781786435668
Teised raamatud teemal:
Transport Economics is a revised and refined fourth edition of a well-established textbook which applies economic analysis to transport issues.



Each chapter has been carefully reworked and includes new material dealing with the regulation of transport markets. To assist in pedagogy, twenty or so free standing ‘Exhibits’ now provide a variety of case studies and narratives to supplement the text. More up-to-date examples and illustrations also make the understanding of economic principles easier and assist in the assimilation of economic concepts. The theoretical content is supported with considerable empirical evidence drawn from a wide range of international sources. Although aimed primarily at university students, this volume is accessible to non-specialists who have an interest in transport economics. It has no modal bias but rather examines in general terms the many aspects of the demand for, and supply of, transport together with the various methods of government intervention needed to ensure that social and environmental criteria are attained.



This successful and widely adopted textbook has been meticulously revised and updated for the fourth edition. As the best intermediate text currently available, it will be welcomed by students, policymakers and all those concerned with the supply of transport services.

Arvustused

Acclaim for the third edition: Button draws together the burgeoning literature in transportation economics. It is a comprehensive standalone text covering all aspects of the field including new sections on logistics and congestion pricing. It should be required reading for every student of transportation and on the library shelf of all transportation researchers and practitioners, an excellent book. -- David Gillen, University of British Columbia, Canada

Preface x
List of acronyms
xii
1 Transport, Economics, and Economists
1(21)
1.1 Some background
1(4)
1.2 A brief history of transport economics
5(3)
1.3 The subject matter of transport economics
8(7)
1.4 The economic characteristics of transport
15(2)
1.5 This book
17(5)
References
20(2)
2 Transport and the Economy: Some Numbers
22(33)
2.1 Introduction
22(2)
2.2 The global picture
24(7)
2.3 Transport at the national level
31(6)
2.4 Local transport
37(7)
2.5 Emerging trends
44(6)
2.6 Some comments on the short-term effects of Covid-19 on transport
50(2)
2.7 Where are the numbers?
52(3)
References
54(1)
Exhibit Response of air transport to a pandemic
55(1)
3 Transport and Location
55(30)
3.1 The desire for movement and mobility
55(2)
3.2 Transport: the `chicken' or the `egg'?
57(3)
3.3 Industrial location and transport
60(7)
3.4 Economic gateways and corridors
67(3)
3.5 Output, market areas, and transport costs
70(4)
3.6 Urban transport and land values
74(6)
3.7 Urban wages
80(5)
References
83
Exhibit The impact of parking policy on house prices in the Netherlands
79(6)
4 The Demand for Transport
85(49)
4.1 Demands for transport
85(2)
4.2 Influences on travel demand
87(3)
4.3 Pricing a transport service
90(6)
4.4 Trip purpose
96(1)
4.5 Levels and methods of charging
97(1)
4.6 The time period
98(2)
4.7 The absolute level of the price change
100(1)
4.8 Income levels
101(3)
4.9 The price of other transport services
104(2)
4.10 Tastes, human desires, and motives
106(3)
4.11 The notion of a `need' for transport
109(3)
4.12 The valuation of travel time savings
112(7)
4.13 The demand for car ownership
119(7)
4.14 What does `behavioral economics' tell us?
126(8)
References
130
Exhibit Demand shocks on airline fares produced by high-speed rail transport
91(2)
Exhibit Fuel efficiency of United States cars following the 1973 and 1979 oil crises
93(10)
Exhibit Meta-analytical synthesis of demand elasticity results
103(5)
Exhibit The role of ancillary revenues in airline finances
108(20)
Exhibit When London Underground workers go on strike
128(6)
5 Direct Costs of Transport
134(52)
5.1 Factors influencing the supply of transport
134(2)
5.2 Fixed and variable costs
136(13)
5.3 Economies of scale, scope, density, experience, and commonality
149(6)
5.4 Specific, joint, and common costs
155(2)
5.5 Problems of common cost allocation: the road and rail track cases
157(7)
5.6 Transport user costs and the notion of generalized costs
164(6)
5.7 The bunching of public transport services
170(2)
5.8 Economic performance
172(3)
5.9 Costs and the measurement of economic efficiency
175(11)
References
182
Exhibit The container and world trade
143(24)
Exhibit Measuring perceived costs of driving
167(19)
6 The External Economic Costs of Transport
186(50)
6.1 Introduction
186(1)
6.2 Externalities
187(3)
6.3 Transport's implications for the environment
190(3)
6.4 The valuation of externalities
193(8)
6.5 The magnitude of the environmental externality problem
201(13)
6.6 Energy use
214(5)
6.7 Introduction to traffic congestion
219(6)
6.8 The economic costs of congestion
225(2)
6.9 Refinements on the basic congestion model
227(5)
6.10 Some broad aggregate calculations
232(4)
References
233
Exhibit The economic costs of CO2 emissions
196(2)
Exhibit The economic costs of the Amoco Cadiz oil spill
198(38)
7 The Pricing of Transport
236(45)
7.1 The principles of pricing
236(1)
7.2 Matching supply with demand
237(6)
7.3 Marginal cost pricing
243(3)
7.4 Difficulties of `second-best' situations
246(3)
7.5 Price differentiation, price discrimination, and yield management
249(16)
7.6 Pricing with stochastic demand
265(2)
7.7 The problem of the peak
267(3)
7.8 Transport subsidies, operational objectives, and pricing
270(3)
7.9 Market instability, suboptimal supply, and the empty core
273(3)
7.10 Indirect pricing
276(5)
References
278
Exhibit The issue of predatory pricing
240(41)
8 Containing the Environmental Costs of Transport
281(39)
8.1 Introduction
281(1)
8.2 The main economic approaches
282(1)
8.3 Marketable and tradeable permits
283(4)
8.4 The OECD's `polluter-pays principle'
287(7)
8.5 More on environmental standards
294(4)
8.6 Transport subsidies and the environment
298(5)
8.7 Protecting the sufferers
303(1)
8.8 Energy use
304(11)
8.9 Safety and accidents
315(5)
References
318
Exhibit Marketable permits for lead in gasoline
286(15)
Exhibit The `Ubernomics' of app-based ride-hailing
301(10)
Exhibit `Boris bikes'
311(9)
9 Optimizing Traffic Congestion
320(46)
9.1 Economics and optimal traffic
320(1)
9.2 `Road pricing'
321(5)
9.3 Applications of urban road pricing
326(3)
9.4 Some difficulties with road pricing
329(9)
9.5 Impacts of road pricing
338(4)
9.6 Parking policies
342(2)
9.7 Congestion pricing at airports
344(12)
9.8 Seaports congestion
356(2)
9.9 Non-pricing options for reducing congestion
358(4)
9.10 `Micromobility'
362(4)
References
363
Exhibit The initial London congestion charge scheme
340(26)
10 Economics and Transport Logistics
366(32)
10.1 Introduction
366(1)
10.2 Transport logistics
367(3)
10.3 The costs of warehousing and inventory holdings
370(5)
10.4 Consolidation and trans-shipment
375(1)
10.5 Mode choice
376(4)
10.6 Urban logistics
380(2)
10.7 Green logistics
382(2)
10.8 International logistics
384(2)
10.9 Big data, supply chains, and economics
386(1)
10.10 Security
387(11)
References
395
Exhibit Costs and benefits of transport security
389(9)
11 Investment Criteria: Private and Public Sector Analysis
398(40)
11.1 Transport and infrastructure
398(2)
11.2 Basic theories of investment policies
400(3)
11.3 Commercial and social approaches to investment
403(4)
11.4 Public-private partnerships
407(5)
11.5 The theory of cost-benefit analysis
412(5)
11.6 Coping with network effects
417(2)
11.7 Cost-benefit analysis in practice and variations on the theme
419(9)
11.8 Comparability between appraisal techniques
428(3)
11.9 Assessing the effect on national income
431(3)
11.10 Some institutional considerations
434(4)
References
436
Exhibit The Third London Airport Study
421(17)
12 Transport Planning and Forecasting
438(30)
12.1 The development of transport planning
438(5)
12.2 The ethos of transport planning
443(5)
12.3 Traffic modeling and forecasting
448(5)
12.4 Sequential travel demand forecasting
453(7)
12.5 Disaggregate modeling
460(3)
12.6 Interactive and stated-preference modeling
463(5)
References
465
Exhibit Blue-print planning: L'Enfant's transport plan for Washington DC
439(12)
Exhibit Accuracy in traffic demand forecasting
451(17)
13 Transport and Economic Development
468(46)
13.1 Transport's Role in Development
468(1)
13.2 Economic growth theory and transport
469(7)
13.3 Transport infrastructure investment and economic productivity
476(5)
13.4 The multiplier impacts of a transport investment
481(5)
13.5 Transport economics in less developed countries
486(6)
13.6 The transport policy of the European Union
492(12)
13.7 Transport effects on regional and urban development
504(10)
References
512
Exhibit Employment implications of the United States' federal highway system
471(3)
Exhibit Railroads and canals in the United States' economic development
474(4)
Exhibit Infrastructure investment and economic productivity
478(28)
Exhibit Some macro- and microeconomics of elevator travel
506(8)
14 Political Economy and Transport Regulation
514(45)
14.1 Underlying issues
514(3)
14.2 Regulation theory
517(5)
14.3 Monopoly power
522(8)
14.4 Prioritizing transport policies
530(11)
14.5 Paths of regulatory reform
541(5)
14.6 Studying regulatory reform
546(5)
14.7 Disruptive innovation
551(3)
14.8 Coordination via the market, or by direction?
554(5)
References
557
Exhibit Regulated and unregulated airlines
526(33)
Name Index 559(8)
Subject Index 567
Kenneth Button, University Professor, Schar School of Policy and Government, George Mason University, US