This paper begins by motivating the need for including "wider economic effects" when conducting transport infrastructure appraisal, followed by a discussion of various techniques to do so. The major focus is on studies from the cost function perspective that incorporate spillover benefits from...

Electric vehicles are often presented as a green solution to the transport problem. They offer, it is argued, the benefits of the private car without its costs. They make it possible for individuals and families to move around easily, rapidly, comfortably, at any moment in time, which makes them...

This paper provides evidence on and discussion of recent developments in global transport markets and analyzes what policies look most promising for stabilizing CO2- emissions from light-duty vehicles. In the aftermath of the economic crisis, recovery is uncertain and unevenly spread across the...

The heated debate on the regulatory framework for airports has highlighted the importance of creating good institutions for air transport in general. This paper defines the concept of effective regulatory institutions for air transport. It also describes the value chain for air transport and how...

Mexico's public investment process is strengthened by an institutional framework that ensures that projects with a high social return are given preference. The Federal Law of Budget and Financial Responsibility establishes as prerequisite for federal investments the obligation to present a...

The practice of cost-benefit analysis (CBA) has a long tradition in France, dating back to Dupuit (1849), but is still a topical subject. This practice is in fact the result of the combination of economic theory and decision processes regarding project choices. Both of these are constantly...

Economic appraisal of transport projects in the UK, if dated from the studies of Coburn, Beesley and Reynolds (1960) and Foster and Beesley (1963), is now celebrating its fiftieth birthday. It has always been a controversial tool, generating accusations of unacceptable principle, improper...

If the transport sector is to make deep cuts to its carbon emissions, it is necessary to reduce the carbon-intensity of travel. Reducing travel itself, at some times and places, is sometimes justified but it is extremely unlikely that under expected global economic development patterns overall...

The Symposium brought together leading transport researchers from around the world to explore a range of issues under the general theme of "the future for interurban passenger transport". A first set of papers investigates what drives demand for interurban passenger transport and infers how it...

This paper, extracted from the forthcoming report on "Moving Freight with Better Trucks" describes the innovations in truck engine and vehicle technology which aim to: i)improve fuel efficiency and reduce emissions of CO2; ii) improve truck efficiency by increasing payload capacity; iii) improve...