The Routledge Handbook of Transport Economics offers the first state of the art overview of the discipline of transport economics as it stands today, reflective of key research and policy. Transport is an important area of study and one which is problem rich, stimulating a great deal of debate in areas which impact on everyday lives. Much of this focuses on the practicalities of the modern-day phenomenon of mass movement and all of the issues which surround it. The discipline of economics is central to this debate, and consequently the study and application of transport economics has a chief role to play in seeking to address subjects relating to major transport issues. It can be argued that at the very heart of any transport issue or problem lies the underlying economics of the situation – understand that and you alleviate the problem. 

Featuring contributions from world-leading scholars and practitioners from across the globe, all of the chapters within this book are written from a practical perspective; theory is applied and developed using real-world examples. The book examines concepts, issues, ideas and practicalities of transport provision in five key topic areas:

  • public transport
  • public transport reform
  • economic development and transport modelling
  • transport and the environment
  • freight transport.

A real strength of the book is in linking theory to practice, and hence the ‘economics’ that are examined in this text are not the economics of the abstract, but rather the economics of everyday living. Practical and insightful, this volume is an essential reference for any student or researcher working in all areas of transport provision, ranging from planning, appraisal, regulation and freight; and for all practitioners looking to develop their professional knowledge and who are seeking professional accreditation.

chapter 1|13 pages


ByJonathan Cowie, Stephen Ison

part I|76 pages

Public transport

chapter 2|16 pages

Passenger rail structure and reform

BySimon Blainey

chapter 3|17 pages

Bus economics

ByPeter White

chapter 4|14 pages

The pricing of public transport services

ByCorinne Mulley, Marco Batarce

chapter 5|12 pages

Perfect information and intelligent transport systems

ByJohn D. Nelson

chapter 6|16 pages

Passenger air traffic

ByPeter Forsyth

part II|65 pages

Public transport reform

chapter 7|17 pages

Public service contracts

The economics of reform with special reference to the bus sector
ByDavid A. Hensher

chapter 8|13 pages

Rail regulation

ByChris Nash, Valerio Benedetto, Andrew Smith

chapter 9|20 pages

The impact of regulatory reform on public transport markets

ByJohn Preston

chapter 10|14 pages

Airline deregulation

ByLucy Budd

part III|113 pages

Forecasting, public choice and transport modelling

chapter 11|20 pages

Forecasting the demand for transport

ByJohn Bates

chapter 12|33 pages

The principles behind transport appraisal

ByJohn Nellthorp

chapter 13|18 pages

Congestion pricing

ByJonas Eliasson

chapter 14|24 pages

Transport modelling and economic theory

ByKathryn Stewart

chapter 15|17 pages

Efficiency assessment in transport service provision

ByRico Merkert, Jonathan Cowie

part IV|54 pages

Transport and the environment

chapter 16|15 pages

The environment in the provision of transport

ByMaria Attard

chapter 17|12 pages

The tools available under a green transport policy

ByTom Rye

chapter 18|15 pages

Options and practicalities of a green transport policy

ByRebecca Johnson

chapter 19|11 pages

Sustainable travel or sustaining growth?

ByRobin Hickman

part V|101 pages

Freight transport

chapter 20|25 pages

Short sea shipping and ferries

ByJames D. Frost, Mary R. Brooks

chapter 21|20 pages

Competition and complementarity in road freight

Key drivers and consequences of a dominant market position
ByJonathan Cowie

chapter 22|17 pages

Rail freight

ByAllan Woodburn

chapter 23|19 pages

Air cargo

ByThomas Budd, Robert Mayer

chapter 24|19 pages

Intermodal freight transport

ByJason Monios