Kenneth Button

Transport Economics is a revised and refined fourth edition of a well-established textbook which applies economic analysis to transport issues.Each chapter has been carefully reworked and includes new material dealing with the regulation of transport markets. To assist in pedagogy, twenty or so free standing ‘Exhibits’ now provide a variety of case studies and narratives to supplement the text. More up-to-date examples and illustrations also make the understanding of economic principles easier and assist in the assimilation of economic concepts. The theoretical content is supported with considerable empirical evidence drawn from a wide range of international sources. Although aimed primarily at university students, this volume is accessible to non-specialists who have an interest in transport economics. It has no modal bias but rather examines in general terms the many aspects of the demand for, and supply of, transport together with the various methods of government intervention needed to ensure that social and environmental criteria are attained.This successful and widely adopted textbook has been meticulously revised and updated for the fourth edition. As the best intermediate text currently available, it will be welcomed by students, policymakers and all those concerned with the supply of transport services.

Transport Economics is a revised and refined fourth edition of a well-established textbook which applies economic analysis to transport issues.Each chapter has been carefully reworked and includes new material dealing with the regulation of transport markets. To assist in pedagogy, twenty or so free standing ‘Exhibits’ now provide a variety of case studies and narratives to supplement the text. More up-to-date examples and illustrations also make the understanding of economic principles easier and assist in the assimilation of economic concepts. The theoretical content is supported with considerable empirical evidence drawn from a wide range of international sources. Although aimed primarily at university students, this volume is accessible to non-specialists who have an interest in transport economics. It has no modal bias but rather examines in general terms the many aspects of the demand for, and supply of, transport together with the various methods of government intervention needed to ensure that social and environmental criteria are attained.This successful and widely adopted textbook has been meticulously revised and updated for the fourth edition. As the best intermediate text currently available, it will be welcomed by students, policymakers and all those concerned with the supply of transport services.

This biography of the applied English economist Arthur (A.J.) Brown, an English economist from the late 1930s to the 1980s, sets his work in the context of the Great Depression, the emergence of Oxford University as centre of applied economic research, the contraction of British colonialism in Africa, the enlarging of the UK university system, the post-war arms race, the UK joining the Common Market, and significant changes in the industrial structure of Britain.Brown's approach epitomized the role the applied economist. His career included pioneering analysis in Keynesian economics, serving on official bodies concerned with decolonisation, and membership in the UN's group to examine the economic implications of disarmament, the UK's Hunt Committee, and the EEC's MacDougall Commission. He was also heavily involved in building the Economics Department at Leeds University and serving on the University Grants Committee. Through Brown's experiences, we are granted a unique perspective on applied economics research at Oxford University in 1930s as well as reviews of early debates over the Phillips Curve, the role of economics in British decolonisation policy, and the importance of UK regional policy in the 1970s.Arthur Brown's appreciation of both the technical side of economics and the need for practical, real-world advice for decision-makers makes this a important resource for academics interested in the history of economic ideas, inflation, liquidity preference, Keynesian economics, regional policy, decolonisation, and university finances, as well as economists working in government and industry.

Airlines, like most industries, contain a mixture of good and badly managed companies (and perhaps more important, lucky and unlucky companies). More important in the longer-run is the institutional structure in which the companies offer their services. Air transport is a major industry in its own right. But it is also the fastest growing mode of transport for both passengers and freight, a large employer of labour, at the forefront of many technological developments and often a pioneer in adopting such innovations. It is the source of important economic stimuli for local economic development. This book examines the current state of European airlines - mainly, but not exclusively, those within the EU and the European Economic Area (EEA). It seeks in particular to determine if the current institutional structure provides a sustainable basis for the continued vitality of air transport as a facilitator of economic development, and it can serve as an input into wider matters involving the social and political integration within Europe. It also includes material on airports, slots and security. It provides the opportunity to look at factors that currently influence the efficiency of European airlines and to see how the industry has moved to meet these challenges. The book is also designed to be accessible with a glossary at the end, definitions of key terms and concepts, a list of abbreviations and acronyms and two annexes that provide more details of the European air transport market within the wider international regulatory system. The readership includes all concerned with airline and airport management, including regulators and government departments of transportation, and researchers in air transport. While of main interest to those in Europe, it is also important to all who are dealing with similar questions in other continents, and all concerned with inter-continental air transport provision. In the current aviation context the key features of the book are: "

Transport, in particular the motor vehicle, is a major source of environmental disruption and, in the developed world, accounts for thirty percent of energy consumption. In most countries, transport policy is a major government concern, yet it is rare for decisions to be made outside a narrow set of sectoral considerations. This book, commissioned by the OECD, looks at seven countries; the UK, the USA, West Germany, France, The Netherlands, Greece and Italy. Each case demonstrates, in different ways, the problems in transport policies produced by the failure is a consequence of departmental division: transport, the environment, the exchequer, etc. all have their own, quite separate ministries. Here, a group of economists have demonstrated both the folly of such partial ways of thinking and, in writing their critiques of specific disaster, have provided models for ways forward. Originally published in 1990

In this clear and observant book, Kenneth Button provides an overview of the economics and political economy of transport security, considering its policy from an economic perspective. His analysis applies micro-economic theory to transport issues, supporting and enhancing the larger framework of our knowledge about personal, industrial, and national security.Button's focus on the economic aspects of transportation security strives to move beyond established technical and legal approaches, working within both the narrower microeconomics of individual and corporate efficiency and the larger trends in economic policy-making. By fitting current security trends into economic analysis, he discusses not only contemporary developments, but also their economic implications and approaches for assessing alternative strategies.This examination of applied economics is a must-read for those looking to gain a broader view of transport security issues. It is a critical resource for those in the security industries as well as those involved in education about transport, security matters, and applied microeconomics. Contents: Preface 1. Introduction 2. The Scale and Nature of the Terrorist Problem 3. Some Basic Economics of Transportation Security 4. Links Between Market Structure and Security 5. The Economic Instruments of Security Policy 6. Security and Air Transportation 7. The Economics of Shopping Mall Security 8. Maritime Security 9. Some Conclusions Index

Transport, in particular the motor vehicle, is a major source of environmental disruption and, in the developed world, accounts for thirty percent of energy consumption. In most countries, transport policy is a major government concern, yet it is rare for decisions to be made outside a narrow set of sectoral considerations. This book, commissioned by the OECD, looks at seven countries; the UK, the USA, West Germany, France, The Netherlands, Greece and Italy. Each case demonstrates, in different ways, the problems in transport policies produced by the failure is a consequence of departmental division: transport, the environment, the exchequer, etc. all have their own, quite separate ministries. Here, a group of economists have demonstrated both the folly of such partial ways of thinking and, in writing their critiques of specific disaster, have provided models for ways forward. Originally published in 1990

This book looks at the economics of the evolving interface between the movement of people, goods and information (telecommunications). It illustrates the increasing importance of information flows in relation to how people move about, the ways that goods are transported and on land-use patterns. The authors show how the linkages involved are not static but vary as technology develops, as social priorities shift, and as policymakers adjust institutional structures. The situation is evolving but, nevertheless, from a public policy and a narrower commercial, business perspective, it is important to gain broad insights into what is occurring and the ways that telecommunications, transportation, and location interact. This is the focus of the book. Telecommunications, Transportation and Location contains both sytheses and interpretations of what others have found in regard to these interactions as well as new work that extends earlier findings. The material is presented in a rigorous yet accessible manner to open it to a wide audience of practitioners concerned with policy-making within various levels of government and within private business.Researchers and academics teaching courses including transportation planning, communications, regional science, urban and regional planning, urban and regional economics and transport economics will find much to engage them within this book. It will also be very useful to logistics professionals, and policymakers and practitioners involved in transportation planning.

Airlines, like most industries, contain a mixture of good and badly managed companies (and perhaps more important, lucky and unlucky companies). More important in the longer-run is the institutional structure in which the companies offer their services. Air transport is a major industry in its own right. But it is also the fastest growing mode of transport for both passengers and freight, a large employer of labour, at the forefront of many technological developments and often a pioneer in adopting such innovations. It is the source of important economic stimuli for local economic development. This book examines the current state of European airlines - mainly, but not exclusively, those within the EU and the European Economic Area (EEA). It seeks in particular to determine if the current institutional structure provides a sustainable basis for the continued vitality of air transport as a facilitator of economic development, and it can serve as an input into wider matters involving the social and political integration within Europe. It also includes material on airports, slots and security. It provides the opportunity to look at factors that currently influence the efficiency of European airlines and to see how the industry has moved to meet these challenges. The book is also designed to be accessible with a glossary at the end, definitions of key terms and concepts, a list of abbreviations and acronyms and two annexes that provide more details of the European air transport market within the wider international regulatory system. The readership includes all concerned with airline and airport management, including regulators and government departments of transportation, and researchers in air transport. While of main interest to those in Europe, it is also important to all who are dealing with similar questions in other continents, and all concerned with inter-continental air transport provision. In the current aviation context the key features of the book are: "

Air Transport Networks provides an economic analysis of the way in which the air transport industry operates and the nature of the policies that have been adopted to regulate the sector. The book covers domestic and international air transportation with an emphasis on airlines and includes discussions of related markets such as airports and air traffic control. The authors provide details of how the sector functions and the reasons why the airline industry performs as it does today and explore the ways in which governments have, over the years, attempted to manipulate air transport markets to meet political objectives.This volume will be warmly received by those interested in the operations and the influences that public policy has on the air transport sector. Air Transport Networks will also appeal to policymakers and to those working in the air transportation sector.

This book examines the extent to which spatial economic convergence has taken place in the European Union and analyses the effectiveness of regional policy. The authors examine the differing economic features of the European regions and provide an institutional background to regional policy at both the national and Union level. Theories of economic growth are discussed and assessed in terms of the relative performance of regional economies in Europe. The authors then analyse the extent to which economic convergence, for example in terms of income and employment, has materialized across regions using a variety of techniques including mean reversion and time varying parameter procedures. The analysis is both at the level of the entire EU area and at more disaggregate levels that look at specific regions of the Union and at specific sectors. The book offers an assessment of some of the key regional policy instruments used and pays particular attention to the role of infrastructure investment as a tool for enhancing regional growth. It also considers the extent to which some non-regional specific policies impact upon the development of regional economies and explores the implications of closer monetary ties between member states.This book will be of interest to academics and policymakers concerned with regional science, European studies and macroeconomics.

Flying into the Future explores the organization of air transport in the European Union. It analyses the nature of the industries supplying air transport services, the institutional structure of air transport services, and impediments to increased efficiency in the provision of air transport.The reduction in institutional barriers and regulations has led to a more efficient provision of air transport services in the EU. This book assesses the improvements in the efficiency of air transport services, and highlights institutional and physical problems impeding further efficiency gains. The authors examine airline operations, and the ability of two or more transport systems to operate effectively in tandem. They also consider how to make the boundaries between different transport networks invisible, as well as discussing issues of national organization and the juridical structures which impede operations. The analysis examines both the internal European Union market for air transport services and the links between it and the rest of the world. Other key issues discussed include:EU air transport developments in the context of global marketscomparisons of recent developments in aviation policy between the EU and the United Statesthe problems of congestion in the air transport industry in Europethe growth and significance of airline alliances.The authors not only consider the economics of European air transport but also legal, political, technical and geographical issues. They explore the problems of providing air transport in the context of inadequate information, institutional constraints, inherent market imperfections and imprecise objectives.Flying into the Future will be essential reading for industrialists, policymakers and academics interested in transport economics and transport policy.

The impact of transport on the global environment is an issue attracting world-wide attention in the 1990s. This important book sheds new light on the environmental costs of transport. It discusses all modes of transport and their effects of major problems such as greenhouse gases, depletion of non-renewable resources, urban sprawl, acid rain, oil spillage etc. Drawing on the most recent research in environmental economics, it discusses problems of regulation and the implications for economic policy. This genuinely international and comparative book will be essential reading for economists, transport planners, policymakers and environmental scientists.