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Persistent link: https://www.econbiz.de/10014511972
For transport systems the issues of pricing, service quality, funding and investment in urban areas are inextricably interdependent. The paper first argues that no policy can be set for any of these aspects of transport in isolation from any other. Transport planners and urban policy-makers can...
Persistent link: https://www.econbiz.de/10010858553
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This paper explores the effects of road user charging throughout England. It develops a model to test charging scenarios including revenue raising and revenue neutral charging options, and economically efficient pricing. For each scenario we estimate effects on traffic volumes, user charges and...
Persistent link: https://www.econbiz.de/10005323030
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The article explains the origins of the Private Finance Initiative (PFI) and the way the policy has evolved under the present Labour administration into Public Private Partnership (PPP). The author gives an assessment of the future prospects for the PFI/PPP in the transport sector. He believes...
Persistent link: https://www.econbiz.de/10010606170
London's main transport modes are over-loaded. An important part of the solution is CrossRail, a new east-west underground railway. It was agreed and fully planned all of ten years ago; but the obstacles to its construction are severe and have become worse as time has passed. While the value of...
Persistent link: https://www.econbiz.de/10010606261
This paper examines economies of scale and density in urban rail transport. It isolates the effects of constant and non-constant returns on output and productivity growth using data relating to 17 rail systems in cities around the world. Estimates reveal constant returns to scale but increasing...
Persistent link: https://www.econbiz.de/10009202409
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British roads are under-supplied and irrationally priced. Estimates of the rate of economic return to investment are high. There is no mechanism for consumer protection and current attempts to record and publish the level of service are inadequate. This will persist until there is fundamental...
Persistent link: https://www.econbiz.de/10008553423