Journal of transport economics and policy, volume 42, part 2, may 2008, pp. Today, interstate pipeline and some interstate railroad traffic is regulated, as is intrastate motor carriage in most states. Freight transportation improvements and the economy. This was drafted within the framework of existing policies such as the road safety policy and. Katie larsen, and brice nichols sponsored by the texas department of transportation the authors appreciate all the contributions to this research of multiple individuals.
Evidence from deregulated rail freight, journal of transport economics and policy 33 1999, 147162. Farrell is professor of economics at the university of california, berke ley, currently on. Merger control policy has long relied on a presumption that a merger which substantially. Transportation economics is an exceptionally welldone book which includes all the major points of interest in transportation economics and then some. However, in a vertical merger, there could still be financial and riskbearing economies. The content covers a wide variety of topics relating to the economic aspects of transportation, government regulatory policies regarding. The commissions white paper proposes to complement the merger regulation with a light. Citescore values are based on citation counts in a given year e. Journal of transport economics and policy, 41 1, 323 holl, a. Transport policy is an international refereed journal aimed at improving quality of transport policy and strategy analysis, designing and sharing innovative policy and management practices, and application bridging the gap between theory and practice in transport. Others will disagree with the strength of the assertion by these writers that antitrust law.
On the other hand, microeconomics involves the behavior of relatively smaller entities such as firms and. It examines the microeconomic concepts that underpin this sector and the implications for transport markets with real. Find materials for this course in the pages linked along the left. Identify detailed elements of the transportation economics subfield that may be appropriate for future thesisproject work. Authors in transport economics this list attempts to categories authors by fields.
At one time, nearly all intercity transportation was. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. The mckinsey report, the transport challenge, 1980. Intelligent transportation systems and the impact of traveler information. Transportation economics in the ussr, the branch of economic science that studies patterns in the development and in the operations of transportation, which is regarded as a distinct sphere of material production. The findings are summarized and methodologies are critically assessed. Transportation economics transportation economics transportation regulation and deregulation.
Bringing together insights and perspectives from close to 70 of the worlds leading experts in the field, this timely handbook provides an uptodate guide to the most recent and stateoftheart advances in transport. Today it continues to provide a muchneeded focus for this specific area of transport research a single, accessible resource of international. Transport economics article about transport economics by. Transport policies and development english abstract. A computational model of optimal merger policy volker nocke. Demand for transport 3 demand for transport define the demand for transport. Transportation economics wikibooks, open books for an.
In a nutshell the acquisition of noncontrolling minority shareholdings can harm competition. The main issue for competition policy is whether a proposed merger or takeover between two businesses is thought to lead to a substantial lessening of competitive pressures in the market and risks leading to a level of market concentration when collusive behaviour might become a reality when companies combine via a merger, an acquisition or the creation of a joint venture, this generally has. An empirical analysis of a merger between a network and lowcost airlines pp. Consequently, it is not easy for a reader to acquire a general overview. Many good handbooks on transport economics are restricted to one particular perspective. In a treatise about the relationship between transport and economic growth, the process of economic growth must be at the centre where besides transport also other factors play a rol. Note, a vertical merger would have less potential economies of scale than a horizontal merger e. Economic theory suggests that cost savings and other efficiencies are more likely to dominate the anti. Pdf rail transport and economic growth in nigeria 1970. Research in transportation economics is a journal devoted to the dissemination of high quality economics research in the field of transportation. Merger selection, evidence provision and the timing of merger control. The pricing policy for land, and particularly for parking, is one that causes a great number of problems.
Transportation policy and economic regulation 1st edition. Antitrust evaluation of horizontal mergers meet the berkeleyhaas. Policy themes the development of the national transport policy was guided by a clear sense of purpose and sound policy principles. Introduction this paper aims to evaluate the influence that economic analysis has had on competition policy in europe2 over the last twenty years. New transport economics careers are added daily on. A reference for practitioners january 20 university of texas at austin dr. In this section we follow the structure of transport policy in ireland to include other sources and reports. Neven1 graduate institute of international studies, geneva and cepr 1. Oum and jia yan patterns of restructuring the us class 1 railroads from 1984 to 2004 pp.
Recent research in transportation economics articles. Be familiar with the goals and assumptions that underlie debates about transportation finance and policy, and 8. Mccarthy combines economic theory with econometric methods in a casestudy approach and, in so doing, provides a. Toll road in svinesund, at the swedish side of the border between sweden and norway. This is demonstrated both by economic theory and the experience of national competition authorities inside and outside the eu. The procedure is to look at all their papers announced in a nep report. Written assignments count collectively for 90% of final grade there are two parts to the writing portion of the course. Principles of transport economics is a topical, comprehensive and highly informative book, not just on principles, as the title announces, but also the facts and figures, the empirical evidence and the policy issues of the economics of transport. Transport economics this programme has been designed to allow students with the necessary background in economics to further develop their knowledge of the various aspects of the economic methodology relevant to the analysis of the transport sector. This examination of transport economics brings alive economic theories for students, elucidating traditional concepts by applying them to a real world context. Allow it to occur under a certain condition such as divesting some parts of the business to keep market share low.
For many years, the economic practices of much of the transportation system in the united states were regulated. Objectives the msc degree in transport economics is designed to allow students to acquire a. Its subject areas reflect the concerns of policymakers in government, management strategists in industry, and the public at large. The demand for transport is the number of journeys consumers or firms are willing and able to purchase at various prices in a given time period. Transportation economics, which includes the economics of railroad, maritime, river, motorvehicle, air, and pipeline transportation, studies. Merger policy in the uk and the european union economics.
All guest lectures are courtesy of the person named, and are used with permission. Competition policy started to play a more active role in the brazilian economy only in 1994, when a new antitrust law which included provisions for merger. Transport policies and development english the world bank. A merger can enable a firm to increase in size and gain from many of these factors. Microeconomics is associated with the wealth of society on a regional scale, and deals with the behavior of aggregate concepts. The journal of transport, economics and policy jtep was first published 40 years ago and quickly established itself as an essential source of information and debate on the economics of transport and its interface with transport policy. The book covers the basic analytic methods used in transportation economics and policy analysis. In fact, many rules of thumb for transportation investment and policy arose from economic backgrounds. In a macroeconomic sense, transportation activities form a portion of a nations total economic product and play a role in building or strengthening a national or regional.
There are, for instance, very sound treaties on transport policy, on logistical analysis, and on. To understand the relationship between highway investments and national economic goals, the federal highway administration fhwa sponsors economic research. Competition issues in restructuring ports and railways. Transportation economics, the study of the allocation of transportation resources in order to meet the needs of a society. There are over 17 transport economics careers waiting for you to apply. Department of economics, the university of winnipeg, 515 portage. The transport economics team works with engineers, scientists and other transport professionals to undertake both research and consulting projects. Transportation economics transportation regulation and. The economic literature on the consumer welfare bias in merger policy is quite small, and has focused on three issues. Research in transportation economics bus transport.
1100 1084 642 77 1079 235 221 468 91 506 1184 87 476 1473 1611 766 837 233 954 1530 1062 7 648 1107 1287 126 1216 545 1426 1126 162 1003 1467