Description
Book SynopsisTransport 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.
Trade ReviewAcclaim 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
Table of ContentsContents: Preface 1. Transport, Economics, and Economists 2. Transport and the Economy: Some Numbers 3. Transport and Location 4. The Demand for Transport 5. Direct Costs of Transport 6. The External Economic Costs of Transport 7. The Pricing of Transport 8. Containing the Environmental Costs of Transport 9. Optimizing Traffic Congestion 10. Economics and Transport Logistics 11. Investment Criteria: Private and Public Sector Analysis 12. Transport Planning and Forecasting 13. Transport and Economic Development 14. Political Economy and Transport Regulation Index
