The past decade has seen both some new trends in the economics of transportation and the reinforcement of work from previous periods. Economists are also addressing the problems of congestion with particular regard to new policy initiatives which tie transportation more closely to land-use patterns and telecommunications.

Contents: Acknowledgements Introduction Kenneth Button PART I RECENT WORK ON TRANSPORT COST AND PRODUCTIVITY ANALYSIS 1. Gilles Duranton (1998), ‘Labor Specialization, Transport Costs, and City Size’ 2. Patrick S. McCarthy (1997), ‘The Role of Captivity in Aggregate Share Models of Intercity Passenger Travel’ 3. W. Bruce Allen and Dong Liu (1995), ‘Service Quality and Motor Carrier Costs: An Empirical Analysis’ 4. David H. Good, M. Ishaq Nadiri, Lars-Hendrik Röller and Robin C. Sickles (1993), ‘Efficiency and Productivity Growth Comparisons of European and U.S. Air Carriers: A First Look at the Data’ 5. Wesley W. Wilson (1997), ‘Cost Savings and Productivity in the Railroad Industry’ PART II UPDATING OUR KNOWLEDGE OF TRANSPORT DEMAND 6. Richard H.M. Emmerink, Erik T. Verhoef, Peter Nijkamp and Piet Rietveld (1998), ‘Information Effects in Transport with Stochastic Capacity and Uncertainty Costs’ 7. Peter Romilly, Haiyan Song and Xiaming Liu (2001), ‘Car Ownership and Use in Britain: A Comparison of the Empirical Results of Alternative Cointegration Estimation Methods and Forecasts’ 8. Patrick S. McCarthy (1996), ‘Market Price and Income Elasticities of New Vehicle Demands’ PART III TRANSPORT NETWORKS ECONOMICS 9. Jan K. Brueckner and Yimin Zhang (2001), ‘A Model of Scheduling in Airline Networks: How a Hub-and-Spoke System Affects Flight Frequency, Fares and Welfare’ PART IV TRANSPORT AND ENVIRONMENTAL ECONOMIC ISSUES 10. Erik T. Verhoef (2000), ‘The Implementation of Marginal External Cost Pricing in Road Transport: Long Run vs Short Run and First-Best vs Second-Best’ 11. Chris Nash, Tom Sansom and Ben Still (2001), ‘Modifying Transport Prices to Internalise Externalities: Evidence from European Case Studies’ 12. Donald R. McCubbin and Mark A. Delucchi (1999), ‘The Health Costs of Motor-Vehicle-Related Air Pollution’ 13. Edward Calthorp and Stef Proost (1998), ‘Road Transport Externalities: Interaction between Theory and Empirical Research’ PART V THE ECONOMICS OF SAFETY AND SECURITY 14. Andrew W. Evans and Alan D. Morrison (1997), ‘Incorporating Accident Risk and Disruption in Economic Models of Public Transport’ 15. Charles Lave and Patrick Elias (1997), ‘Resource Allocation in Public Policy: The Effects of the 65-mph Speed Limit’ 16. Ulf Persson, Anna Norinder, Krister Hjalte and Katarina Gralén (2001), ‘The Value of a Statistical Life in Transport: Findings from a New Contingent Valuation Study in Sweden’ 17. Leon N. Moses and Ian Savage (1997), ‘A Cost–Benefit Analysis of US Motor Carrier Safety Programmes’ PART VI RECENT DEVELOPMENTS IN THE ECONOMIC ANALYSIS OF TRAFFIC CONGESTION 18. Alan W. Evans (1992), ‘Road Congestion: The Diagrammatic Analysis’ 19. A.D. May, S.P. Shepherd and J.J. Bates (2000), ‘Supply Curves for Urban Road Networks’ 20. Richard Arnott, André de Palma and Robin Lindsey (1993), ‘A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand’ 21. Erik T. Verhoef, Jan Rouwendal and Piet Rietveld (1999), ‘Congestion Caused by Speed Differences’ 22. Joseph I. Daniel (1995), ‘Congestion Pricing and Capacity of Large Hub Airports: A Bottleneck Model with Stochastic Queues’ PART VII WHAT WE NOW KNOW ABOUT LIBERALIZED TRANSPORT MARKETS 23. B. Starr McMullen and Man-Keung Lee (1999), ‘Cost Efficiency in the US Motor Carrier Industry Before and After Deregulation: A Stochastic Frontier Approach’ 24. Steven A. Morrison (1996), ‘Airline Mergers: A Longer View’ 25. Jonathan Cowie (1999), ‘The Technical Efficiency of Public and Private Ownership in the Rail Industry: The Case of Swiss Private Railways’ 26. Wayne K. Talley (1998), ‘The Indirect Cost-Saving Hypothesis of Privatisation: A Public Labour Earnings Test’ 27. Philip A. Viton (1995), ‘Private Roads’ PART VIII TRANSPORT AND LAND-USE 28. Ousmane Badiane and Gerald E. Shively (1998), ‘Spatial Integration, Transport Costs, and the Response of Local Prices to Policy Changes in Ghana’ 29. John F. Kain (2001), ‘A Tale of Two Cities: Relationships Between Urban Form, Car Ownership and Use and Implications for Public Policy’ 30. Maureen Kilkenny (1998), ‘Transport Costs and Rural Development’ PART IX TRANSPORT AND TRADE 31. Joseph F. Francois and Ian Wooton (2001), ‘Trade in International Transport Services: The Role of Competition’ 32. John T. Jones (1999), ‘The Effects of Transborder Trucking Regulations on Inbound Trucks and the Trucking Infrastructure’ PART X TRANSPORT AND COMMUNICATIONS 33. Patricia L. Mokhtarian (1998), ‘A Synthetic Approach to Estimating the Impacts of Telecommuting on Travel’ PART XI MARKET STRUCTURES 34. Bernard Franck and Jean-Claude Bunel (1991), ‘Contestability, Competition and Regulation: The Case of Liner Shipping’ 35. Tae Hoon Oum, Anming Zhang and Yimin Zhang (2000), ‘Socially Optimal Capacity and Capital Structure in Oligopoly: The Case of the Airline Industry’ Name Index