The development of High Speed Rail (HSR) in Europe has been encouraged, and financially supported, by the European Commission. HSR technology is presented as a solution to congested roads and airports and as an efficient response for incremental demand in the coming years. However, the case for...

The effect of London's congestion charge on the retail sector has aroused considerable interest since the introduction of the scheme in February 2003. We investigate the impact of the congestion charge using a variety of econometric models applied to a total retail sales index for central London...

This paper looks at the endogenous formation of airline alliances by means of a two-stage game where first airlines decide whether to form an alliance and then fares are determined. The authors analyse the effects and the strategic formation of airline alliances when two complementary alliances,...

In this paper a model is presented based on ideas borrowed from the job search and price dispersion literature to characterise the pricing equilibrium of a competitive bus market in a more general setting than previously found in the literature. The results indicate that collusion is not...

Transport occurs over a network and involves a multitude of different origins, destinations, and modes, which complicates the estimation of structural models. However, an understanding of the type and level of market adjustments among key transport statistics is central to analysing the effects...

This paper is concerned with the links between agglomeration, productivity, and transport investment. It develops an econometric model to investigate the relationship between the density of economic activity and productivity for different sectors of the UK economy. The motivation for exploring...

This paper investigates the impact of ownership structure and contractual choices on technical efficiency in the French urban public transport sector. The central proposition, which relies on classical contract theory arguments, is that ownership regime and contractual practices are key...

This paper outlines recent developments regarding road pricing in Britain. Given the widespread view that the London congestion pricing scheme has been a success, it was generally expected that road pricing would be more widely applied in Britain, and successive reports, including an official...

This paper analyses the cost structure of the Swiss urban public transport sector in order to assess scale and scope economies. A multi-output cost function has been estimated for a panel data set of companies operating trolley-bus, motor-bus and tramway systems. The results suggest increasing...

The authors derive the annual welfare effects of low water levels on the river Rhine employing detailed trip data reported by bargemen between January 2003 and July 2005. They find a considerable effect of water levels on freight price per ton and load factor, but the effect on the price per...