<i>‘The advent of electric vehicles, which won’t pay fuel taxes, and autonomous vehicles, which may not even have passengers, puts front-and-center the need to revisit how road transport is funded. This Handbook provides a comprehensive overview of transport funding around the world, and serves as a necessary foundation for the emerging new mobility.’</i>
- David Levinson, University of Sydney, Australia,
<i>‘This new Handbook is a timely and impressive set of surveys of what theory and practice across continents can teach us about transport pricing and financing. Its systematic coverage of the concepts and tools used in transport policy as well as their relevance in the context of specific modes should help anyone working on the many challenges the sector is likely to face in the foreseeable future in a tense environmental, political and social context.’</i>
- Antonio Estache, Université Libre de Bruxelles, Belgium,
<i>‘Huge amounts of money are spent on transport infrastructure, while the transport sector generates large volumes of greenhouse gas emissions. Meanwhile, the efficiency of transportation means is critical for both the global and the local economy. This Handbook is a welcome contribution that will shed light on important and heated debates about transport pricing and financing.’</i>
- Jacques-François Thisse, Université Catholique de Louvain, Belgium,
The expert contributors provide insights into how pricing goes beyond fulfilling pure financial requirements, and may help pursuing economic efficiency. The Handbook also devotes attention to new technologies such as digital payment channels, information provision, and dynamic pricing techniques. The authors cover the challenges and opportunities caused by the appearance of new modes of transport such as ride-hailing and automated vehicles. Furthermore, this timely Handbook also helps to address ongoing global issues such as climate change and sustainable development, explicitly recognizing challenges faced in regions across Africa, the Americas, Asia, Europe and Oceania.
This immersive Handbook will provide undergraduate and postgraduate students of economics, environmental science, transport, political science and urban planning studies with a useful introduction to the topics and the necessary tools to undertake research in transport pricing and financing. Practitioners wishing to understand the theory behind transport pricing and financing decisions will also find this Handbook a useful resource.