Screen LibraryTransportation policy and economic regulation : essays in honor of Theodore Keeler /
Transportation Policy and Economic Regulation: Essays in Honor of Theodore Keeler addresses a number of today's important transportation policy issues, exploring a variety of transportation modes, and examining the policy implications of a number of alternatives. Theodore Keeler had a distingui...
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| Group Author: | ; ; |
| Published: |
Elsevier,
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| Publisher Address: | Amsterdam : |
| Publication Dates: | 2018. |
| Literature type: | eBook |
| Language: | English |
| Subjects: | |
| Online Access: |
https://www.sciencedirect.com/science/book/9780128126202 |
| Summary: |
Transportation Policy and Economic Regulation: Essays in Honor of Theodore Keeler addresses a number of today's important transportation policy issues, exploring a variety of transportation modes, and examining the policy implications of a number of alternatives. Theodore Keeler had a distinguished career in transportation economics, helping to shape regulatory policies concerning the transportation industries and assessing the appropriateness of various policies. A distinguishing feature of his work is that it always had policy implications. As a tribute to Theodore Keeler, this book examines transportation policy issues across a variety of transportation industries, including aviation, railroads, highways, motor carrier transport, automobiles, urban transit, and ocean shipping. The book evaluates the economic impact and effectiveness of various policies, employing empirical analyses and new estimation techniques, such as Bayesian analysis. The book is designed for transportation professionals and researchers, as well as transportation economics students, providing an in-depth analysis of some of today's important transportation policy issues. Policy changes established in the last 35-40 years have introduced profound changes in the business environment of the transportation industry. Past policy changes promoted the free market's role in setting prices and determining service availability. While 21st century policy has focused on a variety of other issues, such as safety, road and air congestion, productivity growth, labor relations and exhaust emission, many still promote the role of competition. In addition to examining various transportation policy issues in the U.S., the book explores some approaches to dealing with transportation issues in different parts of the world. Contemporary transportation policy debates have broadened from their initial focus of primarily examining the merits of reforming economic regulations at national levels, to now examining a variety of issues such as alternative methods of social regulation (such as safety regulation and emission controls), new approaches to changing economic regulations, the potential for reforming international regulations, and the appropriate role for government in transportation. |
| Carrier Form: | 1 online resource (367 pages) |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: |
9780128126219 0128126213 |
| Index Number: | HE193 |
| CLC: | F511.0 |
| Contents: |
Intro; Title page; Table of Contents; Copyright; List of Contributors; 1: Theodore Keeler's impact on transportation economics and policy; Abstract; 1. Introduction; 2. Airlines; 3. Airports; 4. Railroads; 5. Trucking; 6. Automobile regulation; 7. Highway pricing and investment and resource allocation in urban transportation; 8. Remaining chapters; 2: Theodore Keeler's analysis of the early effects of deregulation of US transportation industries; Abstract; 2.1. Introduction; 2.2. Applied economic analysis; 2.3. Keeler's views on the forces for regulatory reform; 2.4. Aviation. 2.5. Long-haul freight transportation2.6. Conclusions; 3: Commoditization and segmentation of aviation markets; Abstract; 3.1. Introduction; 3.2. Impact of entry by LCCs; 3.3. Airline business models; 3.4. Long-haul low cost; 3.5. Summary and conclusions; Acknowledgements; 4: Mergers, efficiency, and productivity in the railroad industry: an attribute-incorporated data envelopment analysis approach; Abstract; 4.1. Introduction; 4.2. Productivity and efficiency; 4.3. Conceptual framework; 4.4. Data sources; 4.5. Empirical application; 4.6. Summary and conclusions; 4.7. Appendix A. 4.8. Appendix B5: Policy in the deregulated and newly competitive railroad industry: a global analysis; Abstract; 5.1. Introduction; 5.2. US competition policy issues; 5.3. Competition policy issues in North America; 5.4. Competition policy issues outside North America; 5.5. Summary and conclusion; Acknowledgments; 6: Designing future merger policy in north american rail: lessons from the past?; Abstract; 6.1. Introduction; 6.2. The turning point-an overview of the (failed) CNBN merger; 6.3. Qualitative data and analysis; 6.4. Comparing merger information from yesterday to today. 6.5. ConclusionsEpilogue; 7: Ocean container shipping; Abstract; 7.1. Introduction; 7.2. An historical overview of ocean container shipping; 7.3. Ocean container shipping lines' business strategies in a changing economic environment; 7.4. Containerization in the United States; 7.5. Conclusion; 8: Evolution of transportation policy and economics; Abstract; 8.1. Introduction; 8.2. Highway infrastructure finance; 8.3. Impacts of a VMT tax; 8.4. Transit investment and subsidies; 8.5. Multimodal investment decision-making for freight; 8.6. Conclusions: the role of the economist. 9: Competing with the private sector: the welfare-maximizing responseAbstract; 9.1. Introduction; 9.2. The model; 9.3. Empirical parameters; 9.4. Results; 9.5. Conclusions; 10: Devolution of transportation: reducing big-government involvement in transportation decision making; Abstract; 10.1. Introduction: the role of government in transportation; 10.2. The role of governance in transportation; 10.3. Transport propensities and devolution; 10.4. The implications for devolution; 10.5. Conclusions; 11: The elusive effects of CAFE standards; Abstract; 11.1. Introduction; 11.2. Modeling issues. |