What is the primary rationale for the regulation of airport take-off and landing charges? The conventional economic response focuses on the potential to exercise market power, resulting in the economic harm known as deadweight loss. But this conventional view does a poor job of explaining the...

There is little known about the effects of staggered-hours programmes that affect workers' working schedules to mitigate peak congestion. We examine the effect of workers' morning start times on their wages in Germany. In contrast to previous work based on cross-section data, we demonstrate that...

This paper quantifies the Ryanair Effect on the Spanish airline network. It proposes new methodology based on an advanced time series approach that allows both the direct and indirect effects of the incorporation of a new airline to be measured and that can be easily extrapolated to other...

High-capacity road networks constitute an essential element of territorial structure and generate important economic effects. This article is based on an estimate of this component of public capital in Spanish regions from 1980 to 2008 to evaluate the economic sector impact of such...

Two issues that reflect how individuals make travel or vehicle purchase choices are the relevance of attribute levels associated with alternatives, and the extent to which the respondent is certain of actually choosing the alternative that they indicated was their preferred alternative. This...

Efficiency measurement in public transport requires an adequate account of unobserved network characteristics that are typically modelled as factors separable from the production process. This paper proposes a panel data model that allows for non-separable firm-specific heterogeneity in an input...

We use a hedonic house price model to estimate the value of transport networks to homeowners in the Dublin area. Using a data set of house sales and data on rail lines in Dublin, we assess the values assigned to different transport links by homeowners. We find that the value attributed to...

Because Light-Duty Trucks (LDTs) are heavier, longer, wider, and higher than passenger cars, they reduce the maximum service flow of traffic. The US Highway Capacity Manual does not account for this. This paper uses generally accepted functions for travel time and the marginal social cost of a...

This paper shows how travellers that are faced with a series of risky choices become behaviourally inert due to a combination of risk aversion and learning. Our theoretical analyses complement other studies that conceive inertia as resulting from the wish to save cognitive resources. We first...

This paper examines the contribution of highway capacity expansions towards regional economic development in the US. Using data for the forty-eight contiguous US states from 1984 to 2005, the dynamic production function estimates reveal that increases in overall highway capacity in states can...