Transport networks are hierarchal in essence. In this paper, we explore the relationship between the financing structure and the hierarchal evolution of railway network development, using the case of China. Although privatization and corporatization in transport provision have been trends in...

The great majority of analyses made in transport economics use, explicitly or, more often, implicitly, the common assumption of perfect competition. This is the case, for instance, when infrastructure projects are evaluated using the mere sum of the surpluses of transport users and providers....

With continuous demand for transportation infrastructure and chronic funding shortfalls, public-private partnerships (PPPs) for infrastructure provision have garnered attention in recent years in the U.S. and abroad. High profile concession deals in Chicago and Indiana have raised concerns about...

The motivation of this study is to develop a method for evaluating transportation investment quantitatively with consideration of both efficiency and equity.

This article deals with the feasibility of a tradable emission permit system (TEPs) for urban motorists. The objective is to develop a new microeconomic theoretical model to reduce urban pollution. We suppose that the city's regulating authority sets up a tradable emission permit system based on...

Over the past twenty years growth in the use of PPPs for new infrastructures has signalled a significant change which completely redefines the issues of public economics in the field of transport policy. This paper concerns the optimal casting between public sphere and private operators. The...

The surge of road pricing projects in the U.S. and around the globe over the past 15 years has been enabled by a variety of new communication and transportation technologies. While all of these technologies increase the efficiency of roadway tolling vis-à-vis manual collection, no “best”...

This paper investigates the economic implications of the liberalization of air transportation across the Taiwan Strait to the region's aviation industries. Our analysis suggests that (1) liberalization has brought substantial benefits to airports and airlines in Mainland China and Taiwan....

A public transportation network serves in adequate way a population if it evolves in time following the existent social reality. Changes made in order to improve service must be analyzed and evaluated. The introduction of modern technology to validate the fare card allowed a quick access to...

One of the major drawbacks in rail track investments is the high level of uncertainty in maintenance, renewal and unavailability costs for the Infrastructure Managers (IM) during the life-cycle of the infrastructure. Above all, rail track geometry degradation is responsible for the greatest part...