1st Edition

The Routledge Handbook of Transport Economics

Edited By Jonathan Cowie, Stephen Ison Copyright 2018
    460 Pages
    by Routledge

    460 Pages 72 B/W Illustrations
    by Routledge

    The Routledge Handbook of Transport Economics offers the first state of the art overview of the discipline of transport economics as it stands today, reflective of key research and policy. Transport is an important area of study and one which is problem rich, stimulating a great deal of debate in areas which impact on everyday lives. Much of this focuses on the practicalities of the modern-day phenomenon of mass movement and all of the issues which surround it. The discipline of economics is central to this debate, and consequently the study and application of transport economics has a chief role to play in seeking to address subjects relating to major transport issues. It can be argued that at the very heart of any transport issue or problem lies the underlying economics of the situation – understand that and you alleviate the problem. 

    Featuring contributions from world-leading scholars and practitioners from across the globe, all of the chapters within this book are written from a practical perspective; theory is applied and developed using real-world examples. The book examines concepts, issues, ideas and practicalities of transport provision in five key topic areas:

    • public transport

    • public transport reform

    • economic development and transport modelling

    • transport and the environment

    • freight transport.

    A real strength of the book is in linking theory to practice, and hence the ‘economics’ that are examined in this text are not the economics of the abstract, but rather the economics of everyday living. Practical and insightful, this volume is an essential reference for any student or researcher working in all areas of transport provision, ranging from planning, appraisal, regulation and freight; and for all practitioners looking to develop their professional knowledge and who are seeking professional accreditation.

    Chapter 1 Introduction Jonathan Cowie and Stephen Ison

    Part 1: Public transport

    Chapter 2 Passenger rail structure and reform Simon Blainey

    Chapter 3 Bus economics Peter White

    Chapter 4 The pricing of public transport services Corinne Mulley and Marco Batarce

    Chapter 5 Perfect Information and intelligent transport systems John D. Nelson

    Chapter 6 Passenger air traffic Peter Forsyth

    Part II: Public transport reform

    Chapter 7 Public service contracts: the economics of reform with special reference to the bus sector David A. Hensher

    Chapter 8 Rail regulation Chris Nash, Valerio Benedetto and Andrew Smith

    Chapter 9 The impact of reform on public transport markets John Preston

    Chapter 10 Airline deregulation Lucy Budd

    Part III: Forecasting, public choice and transport modelling

    Chapter 11 Forecasting the demand for transport John Bates

    Chapter 12 The principles behind transport appraisal John Nellthorp

    Chapter 13 Congestion pricing Jonas Eliasson

    Chapter 14 Transport modelling and economic theory Kathryn Stewart

    Chapter 15 Efficiency assessment in transport services Rico Merkert and Jonathan Cowie

    Part IV: Transport and the environment

    Chapter 16 The environment in the provision of transport Maria Attard

    Chapter 17 The tools available under a green transport policy Tom Rye

    Chapter 18 Options and practicalities of a green transport policy Rebecca Johnson

    Chapter 19 Sustainable travel or sustaining growth? Robin Hickman

    Part V: Freight transport

    Chapter 20 Short sea shipping and ferries James D. Frost and Mary R. Brooks

    Chapter 21 Competition and complementarity in road freight: key drivers and consequences of a dominant market position Jonathan Cowie

    Chapter 22 Rail freight Allan Woodburn

    Chapter 23 Air cargo Thomas Budd and Robert Mayer

    Chapter 24 Intermodal freight transport Jason Monios


    Jonathan Cowie is Lecturer in Transport Economics at Edinburgh Napier University, UK, and previously held lecturing posts at University College Scarborough and Glasgow Caledonian University. He is the author of The Economics of Transport published by Routledge in 2010, as well as the author of many conference and journal papers in his areas of research interest. Jonathan is a Fellow of the Higher Education Academy and a long-time member of the Scottish Economic Society.

    Stephen Ison is Professor of Transport Policy within the School of Civil and Building Engineering at Loughborough University, UK. He has published widely in the area of transport policy and economics and has edited, authored or co-authored eight books. He is a member of the Scientific Committee of the World Conference on Transport Research, editor of the Journal of Research on Transportation Business and Management and book series editor of Transport and Sustainability.