ABSTRACT

Originally published in 1964, this book assesses the role of government and its agencies in the transport sector and is aimed at economic students and those in the history transport planning. Part 1 sets up a framework of accepted economic principles concerning the efficient operation of a transport system. Part 2 traces the history of government intervention in transport and the latter part of the book examines complementarity and competition between different agencies and the problem of transport co-ordination. Many of the issues remain pertinent today: the conflict between rail and road and the political debates over ownership – privatization versus nationalization.

chapter |4 pages

Introduction

part I|62 pages

Economic Principles and the Transport Sector

chapter Chapter One|13 pages

The Scope of Public Policy

chapter Chapter Two|13 pages

Costs

chapter Chapter Three|16 pages

Pricing

chapter Chapter Four|18 pages

The Investment Decision

part II|28 pages

The Historical Background

chapter Chapter Five|15 pages

The History of Intervention

chapter Chapter Six|11 pages

Nationalization and Denationalization

part III|104 pages

The Agencies

chapter Chapter Seven|21 pages

Road Passenger Transport

chapter Chapter Eight|20 pages

Road Haulage

chapter Chapter Nine|20 pages

The Roads

chapter Chapter Ten|23 pages

The Railways

chapter Chapter Eleven|18 pages

Other Transport Agencies

part IV|47 pages

Co-Ordination Through the Market

chapter Chapter Twelve|12 pages

The Alternative Means of Co-ordination

chapter Chapter Thirteen|19 pages

The Prospect for the ’Sixties

chapter Chapter Fourteen|10 pages

British Transport Policy and the Common Market

chapter Chapter Fifteen|4 pages

Conclusions