Economic appraisal of transport projects in the UK, if dated from the studies of Coburn, Beesley and Reynolds (1960) and Foster and Beesley (1963), is now celebrating its fiftieth birthday. It has always been a controversial tool, generating accusations of unacceptable principle, improper...

This paper, extracted from the forthcoming report on 'Moving Freight with Better Trucks' describes the innovations in truck engine and vehicle technology which aim to: i)improve fuel efficiency and reduce emissions of CO2; ii) improve truck efficiency by increasing payload capacity; iii) improve...

Economic regulation is a controversial issue, especially in the transport sector. This paper analyses a number of general transport and mode-specific issues that can provide indications for setting up regulatory bodies and orienting their strategies. It also looks at a specific national case...

The Symposium brought together leading transport researchers from around the world to explore a range of issues under the general theme of 'the future for interurban passenger transport'. A first set of papers investigates what drives demand for interurban passenger transport and infers how it...

Mexico's public investment process is strengthened by an institutional framework that ensures that projects with a high social return are given preference. The Federal Law of Budget and Financial Responsibility establishes as prerequisite for federal investments the obligation to present a...

Road user charging is used as an 'umbrella' term to describe a wide range of applications of pricing roads and infrastructure. Road user charging includes a number of charging measures that governments and other road owners use to: i) finance new or maintain existing road infrastructure ii)...

The practice of cost-benefit analysis (CBA) has a long tradition in France, dating back to Dupuit (1849), but is still a topical subject. This practice is in fact the result of the combination of economic theory and decision processes regarding project choices. Both of these are constantly...

Passenger vehicles are a major source of greenhouse gas emissions and prodigious consumers of petroleum, making their fuel economy an important focus of energy policy. Whether or not the market for fuel economy functions efficiently has important implications for both the type and intensity of...

Policymakers and economists have considered a number of different policies to reduce carbon emissions, including a carbon tax, a cap-and-trade permit system, a subsidy for the purchase or use of low-carbon vehicle technology, a renewable fuel standard, and mandates on manufacturers to increase...