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Essays on Transport Economics

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ISBN-10: 3790817643

ISBN-13: 9783790817645

Edition: 2007

Authors: Pablo Coto-Mill�n, Vicente Inglada

List price: $169.99
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Description:

This book covers the basic analytical methods used in transportation economics and policy analysis. Encompassing fields of economics such as Industrial Organisation, Welfare Economics, General Equilibrium Theory and Input-Output-Analysis, the study of transport from an economic point of view serves as a test bench for applying the methodological developments of economic science to the real world. Each chapter begins with a brief theoretical introduction before evaluating case studies, using the most up-to-date statistical and econometric techniques. Discussed topics include technical and allocative efficiency and productivity related to transportation economics, the impact of information…    
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Book details

List price: $169.99
Copyright year: 2007
Publisher: Physica-Verlag
Publication date: 12/11/2006
Binding: Paperback
Pages: 381
Size: 6.10" wide x 9.25" long x 0.35" tall
Weight: 1.320
Language: English

Introduction
Demand
A Reassessment of the Characterisation of Congestion on an Urban Road Network - Some Theoretical Suggestions and Illustrative Experiments
Introduction
Defining 'Capacity' and 'Congestion'
Linking 'Capacity' and 'Congestion' Concepts to the Basic Individual Travel Activity across a Transport Link
Equilibrium Condition for a Heterogenous Population of Travellers
Application
Application to a Hypothetical Network of Two Parallel Links
An Illustrative Experiment Using Empirical Data from Some Sydney Road Links
Ccnclusions
References
Estimation of the Economic Value of Student Urban Travel Time
Introduction
Overview of Time Value Theories
Train-McFadden's Synthesis Model (Compromise Model between Goods and Leisure Activities)
Jara-Diaz and Farah Model (1987)
Time Value in Journeys to Study Locations in Santander
The Data
Empirical Specifications
Empirical Results
Summary and Conclusions
References
Price and Income Elasticities for Intercity Public Transport in Spain
Introduction
Theoretical Model
Empirical Evidence
Fitted Time Series Models
Conclusions
References
Supply and Efficiency
Classifying Urban Passenger Transportation Services
Introduction
Service Structure and Type
Transit Services
Private Services
Paratransit Services
U. S. Street Railway and Motorbus Transit Services: A Historical Perspective
Street Railways
Street Railways and Motorbus Operators
Transit Decline: Post World War II
Summary
References
Analysis of the Allocative Efficiency in Public Firms: the Case of Railway
Introduction
Formalization of the Theoretical Model
Conclusions to the Theoretical Model
The Distance Function
Properties of the Distance Function
The Shadow Price Estimation through the Use of a Shephard Distance Function
The Functional Form
The Econometric Estimation
Data
Empirical Results
Summary and Conclusions
References
The Effect of Using Aggregated Output in the Economic Analysis of Cargo Handling Operations
Introduction: Cargo Handling in Multipurpose Port Terminals
Data and Aggregate Model Formulation
A Cost Function with Distinct Outputs
Comparisons and Discussion
Conclusion
References
Scale Economies, Elasticities of Substitution and Behaviour of the Railway Transport Costs in Spain
Introduction
The Model
The Data
Empirical Results
Summary and Conclusions
References
Efficiency Stochastic Frontiers: a Panel Data Analysis for Spanish Airports (1992-1994)
Introduction
The Model
The Data
Econometric Results
Conclusions
References
Multi-Output Analysis of the Costs and Productivity of Cargo Handling in Spanish Ports
Introduction
Cargo Handling Operations in Spain
The Theoretical Framework
Multi-Output Theory
Measurement and Decomposition of Productivity
The Model
The Normalized Quadratic Specification of Multi-Output Cost Function
The Data
Estimated Cost Function
Analysis of Results
Cost Structure
Analysis of Productivity and Technical Change
Summary and Conclusions
References
Estimated Coefficients
Market and Economic Impact Studies
Economic Impact Study: Application to Ports
Introduction
Aims and Utility
Analysis of Different Methodologies
Methodology I
Methodology II
Methodology III
A Dynamic View of Port Impact Studies
Criticisms and Defences of Port Impact Studies
New Openings
Final Reflections
References
Airport Management and Airline Competition in OECD Markets
Introduction
Airport Management Practices in OECD Countries
European Union
United States
Other Countries
Competition in the Air Transport Industry: the Interaction between Airports and Airlines
Airline Competition
Airport Competition
Concluding Remarks
References
Dynamising Economic Impact Studies: the Case of the Port of Seville
Introduction
System Dynamics Model of the Port of Seville
Economic Impact of the Port of Seville on the Province of Seville
Dynamising Employment through the Simulation Model
Sensitivity Analysis
Main Results and Conclusions
References
Valuation of Benefits and Costs
Estimating the Economic Benefits of Bicycling and Bicycle Facilities: an Interpretive Review and Proposed Methods
Introduction
Overview of Issues Central to Estimating Bicycle Benefits
Review of Previous Research
Proposed Benefits and Methods
Summary and Conclusions
References
Valuation of Transport Externalities by Stated Choice Methods
Introduction
Discrete Choice Models and Stated Choice Data
First Case Study: Urban Road Accidents
Second Case Study: Valuation of Local Air Pollution
Third Case Study: Valuation of Quietness
Summary
References
Externalities Analysis of Investments in Infrastructure: a Practical Approach
Introduction
Evolution of Transport Demand
Transport Externalities
Concept
Internalization
Theoretical Framework
Valuation
Policy of Prices: the Case of Madrid-Seville
Elasticities
Results
Investment Policy: the Case of the Madrid-Seville AVE
Impact on Modal Distribution
Cost-Benefit Analysis
Results
Conclusions
References
Transportation Network and Information and Communications Technology
ITS-Based Transport Concepts and Location Preference: Will ITS Change 'Business as Usual'?
Introduction
Theorizing Preferences Regarding Business Locations
Location Development, Matching Supply and Demand
Unfolding 'Attractiveness' of ITS
Location Development, the Link with ITS
Methodological Framework
Conclusion
References
The Economics of Transportation Network Growth
Introduction
Literature Review
An Analytical Model of Pricing, Capacity Choice and Ownership Structure
Demand Side: Models of Road Users
Supply Side: Road Provision Cost
Ownership and Policies: Models of Road Providers
A Numerical Example
Equilibrium Toll and Capacity under Various Ownership Regimes
Parallel Network
Serial Network
Returns to Scale
Parallel-Serial Network
Conclusions
References
Transport Network Development and the Location of Economic Activity
Introduction
Literature Review: Transport Infrastructure Investment and the Location of Economic Activity
Empirical Evidence
Dynamic Effects - the Spanish Motorway Building Programme
Data and Variables
Estimation and Empirical Results
Conclusions
References
Mapping the Terrain of Information and Communications Technology (ICT) and Household Travel
Introduction
Part I) Previous Research
Part 2) Trends and Issues for Further Research
Summary
References