A review of issues in transit economics
This paper reviews the development of thought on the major issues in transit economics over the last 50 years, in developed and developing countries. Some issues - the analysis of cost and demand parameters - are perennial, with development mostly in the mathematical sophistication of analytical techniques employed, while others - such as issues of ownership and competitive form - reflect wider trends in economic thinking. Some issues - such as the relationship between transit and development - are universal, while others - such as the role of small vehicles and the informal sector - impact mostly on developing countries. One conclusion stands out. Transit is critical to the achievement of a wide range of social, economic and environmental objectives and, therefore, needs appropriate institutions to ensure its integration with the strategic management of the rest of urban development policy.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 23 (2008)
Issue (Month): 1 (January)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/620614/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Aschauer, David Alan, 1989.
"Is public expenditure productive?,"
Journal of Monetary Economics,
Elsevier, vol. 23(2), pages 177-200, March.
- Anthony J. Venables, 2007.
"Evaluating Urban Transport Improvements: Cost-Benefit Analysis in the Presence of Agglomeration and Income Taxation,"
Journal of Transport Economics and Policy,
London School of Economics and University of Bath, vol. 41(2), pages 173-188, May.
- Tony Venables, 2004. "Evaluating urban transport improvements: cost benefit analysis in the presence of agglomeration and income taxation," LSE Research Online Documents on Economics 2205, London School of Economics and Political Science, LSE Library.
- Anthony J. Venables, 2004. "Evaluating Urban Transport Improvements: Cost Benefit Analysis in the Presence of Agglomeration and Income Taxation," CEP Discussion Papers dp0651, Centre for Economic Performance, LSE.
- Wardman, Mark, 2004. "Public transport values of time," Transport Policy, Elsevier, vol. 11(4), pages 363-377, October.
- Kjell Werner Johansen & Odd I. Larsen & Bård Norheim, 2001. "Towards achievement of both Allocative Efficiency and X-Efficiency in Public Transport," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 35(3), pages 491-511, September.
- Beesley, Michael E & Glaister, Stephen G, 1983. "Information for Regulating: The Case of Taxis," Economic Journal, Royal Economic Society, vol. 93(371), pages 594-615, September.
- Mohring, Herbert, 1972. "Optimization and Scale Economies in Urban Bus Transportation," American Economic Review, American Economic Association, vol. 62(4), pages 591-604, September.
- Vining, Aidan R & Boardman, Anthony E, 1992. " Ownership versus Competition: Efficiency in Public Enterprise," Public Choice, Springer, vol. 73(2), pages 205-39, March.
- Torben Holvad & John Preston, 2005. "Road Transport Investment Projects and Additional Economic Benefits," ERSA conference papers ersa05p522, European Regional Science Association.
- Mehdi Farsi & Aurelio Fetz & Massimo Filippini, 2007.
"Economies of Scale and Scope in Local Public Transportation,"
Journal of Transport Economics and Policy,
London School of Economics and University of Bath, vol. 41(3), pages 345-361, September.
- Mehdi Farsi & Aurelio Fetz & Massimo Filippini, 2006. "Economies of scale and scope in local public transportation," CEPE Working paper series 06-48, CEPE Center for Energy Policy and Economics, ETH Zurich.
- Gertjan Driessen & Mark Lijesen & Machiel Mulder, 2006. "The impact of competition on productive efficiency in European railways," CPB Discussion Paper 71, CPB Netherlands Bureau for Economic Policy Analysis.
- Peter Romilly, 2001. "Subsidy and Local Bus Service Deregulation in Britain: A Re-evaluation," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 35(2), pages 161-193, May.
- Elhorst, J. Paul & Oosterhaven, Jan, 2008. "Integral Cost-Benefit Analysis of Maglev Rail Projects Under Market Imperfections," The Journal of Transport and Land Use, Center for Transportation Studies, University of Minnesota, vol. 1(1), pages 65-87.
- van de Velde, D. M., 1999. "Organisational forms and entrepreneurship in public transport: classifying organisational forms," Transport Policy, Elsevier, vol. 6(3), pages 147-157, July.
- Daniel P. McMillen & John McDonald, 2004. "Reaction of House Prices to a New Rapid Transit Line: Chicago's Midway Line, 1983-1999," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 32(3), pages 463-486, 09.
- Lucas, Karen, 2006. "Providing transport for social inclusion within a framework for environmental justice in the UK," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(10), pages 801-809, December.
- K. Obeng & R. Sakano, 2000. "The Effects of Operating and Capital Subsidies on Total Factor Productivity: A Decomposition Approach," Southern Economic Journal, Southern Economic Association, vol. 67(2), pages 381-397, July.
- Delle Site, Paolo & Filippi, Francesco, 1998. "Service optimization for bus corridors with short-turn strategies and variable vehicle size," Transportation Research Part A: Policy and Practice, Elsevier, vol. 32(1), pages 19-38, January.
- Glaister, Stephen, 1974. "Generalised Consumer Surplus and Public Transport Pricing," Economic Journal, Royal Economic Society, vol. 84(336), pages 849-67, December.
- Aschauer, David Alan, 1989.
"Does public capital crowd out private capital?,"
Journal of Monetary Economics,
Elsevier, vol. 24(2), pages 171-188, September.
- Hensher, David A. & Houghton, Erne, 2004. "Performance-based quality contracts for the bus sector: delivering social and commercial value for money," Transportation Research Part B: Methodological, Elsevier, vol. 38(2), pages 123-146, February.
- K. M. Gwilliam, 2001. "Competition in Urban Passenger Transport in the Developing World," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 35(1), pages 99-118, January.
- Beniamina Margari & Fabrizio Erbetta & Carmelo Petraglia & Massimiliano Piacenza, 2007.
"Regulatory and environmental effects on public transit efficiency: a mixed DEA-SFA approach,"
Journal of Regulatory Economics,
Springer, vol. 32(2), pages 131-151, October.
- Beniamina Buzzo Margari & Fabrizio Erbetta & Carmelo Petraglia & Massimiliano Piacenza, 2006. "Regulatory and Environmental Effects on Public Transit Efficiency. A Mixed DEA-SFA Approach," CERIS Working Paper 200613, Institute for Economic Research on Firms and Growth - Moncalieri (TO).
- Yvrande-Billon, Anne & Menard, Claude, 2005. "Institutional constraints and organizational changes: the case of the British rail reform," Journal of Economic Behavior & Organization, Elsevier, vol. 56(4), pages 675-699, April.
- Oldfield, R. H. & Bly, P. H., 1988. "An analytic investigation of optimal bus size," Transportation Research Part B: Methodological, Elsevier, vol. 22(5), pages 319-337, October.
- Joyce M. Dargay & Mark Hanly, 2002. "The Demand for Local Bus Services in England," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 36(1), pages 73-91, January.
- David A. Hensher & Paola Prioni, 2002. "A Service Quality Index for Area-wide Contract Performance Assessment," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 36(1), pages 93-113, January.
- Ryoichi Sakano & Kofi Obeng & G. Azam, 1997. "Subsidies And Inefficiency: Stochastic Frontier Approach," Contemporary Economic Policy, Western Economic Association International, vol. 15(3), pages 113-127, 07.
- Frankena, Mark W., 1987. "Capital-biased subsidies, bureaucratic monitoring, and bus scrapping," Journal of Urban Economics, Elsevier, vol. 21(2), pages 180-193, March.
- Tisato, Peter, 1997. "User Economies of Scale: Bus Subsidy in Adelaide," The Economic Record, The Economic Society of Australia, vol. 73(223), pages 329-47, December.
- Baumol, William J & Bradford, David F, 1970. "Optimal Departures from Marginal Cost Pricing," American Economic Review, American Economic Association, vol. 60(3), pages 265-83, June.
- Sergio Jara-DÃaz & Antonio Gschwender, 2003. "Towards a general microeconomic model for the operation of public transport," Transport Reviews, Taylor & Francis Journals, vol. 23(4), pages 453-469, July.
- Tavasszy, Lóri & Thissen, Mark & Muskens, Jos & Oosterhaven, Jan, 2002. "Pitfalls and solutions in the application of spatial computable general equilibrium models for transport appraisal," ERSA conference papers ersa02p452, European Regional Science Association.
When requesting a correction, please mention this item's handle: RePEc:eee:retrec:v:23:y:2008:i:1:p:4-22. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.