This book examines the underlying economic theories that help in understanding the forces that lead to transport imposing excessively on the environment and reviews the policy options open to tackle the resultant problems. The book is primarily about economics and is non-mathematical. The focus is inevitably on optimization and it seeks to define guidelines that balance the needs of environmental protection against the other needs of society. Following an introduction in Chapter 1, Chapters 2 and 3 provide details of the nature of the transport systems that exist and the forms of policy that are used to govern them. They also look at some of the trends that are going to be important in the longer-term development of transport. The account is international with some bias towards the situation in the industrialized countries of the world. Chapter 4 reviews how much is known about the monetary costs of the physical environmental impacts of transport. A review of the techniques of evaluation is presented together with details of some of the values which have been produced and are used, in some countries, for decision making. This is followed by an examination of the relevant welfare economic theory. Chapters 5 and 6 continue with this theme but, while Chapter 5 focuses on rather traditional views of the environmental problems created by failures of market mechanisms, Chapter 6 looks at the problems created when either misguided, or simply ill-thought-out, government transport policies lead to environmental problems or the worsening of existing problems - the so-called problem of intervention failures. The latter part of the book is concerned directly with policy responses to the environmental problems thrown up by transport. The portfolio of tools available to the authorities and their uses are examined. These instruments naturally include a variety of economic or fiscal tools such as emission charges, taxation reform, road pricing and parking fees (examined in Chapter 7) but, accepting that there may be circumstances where their application is not appropriate or economically efficient, a range of other regulatory approaches embracing such things as standards, land-use planning and moral suasion are also discussed (Chapter 8). The final chapter, Chapter 9, looks briefly at the political economy of environmental policy in the context of the transport sector. It considers, for instance, issues of international coordination of policy and the reasons why particular policy instruments tend to be favored by policy makers. The chapter is essentially general in its coverage but there is also some brief discussion of the economic problems involved in reaching agreement on environmental policies at the international level.

  • Availability:
  • Supplemental Notes:
    • Reprinted 1995.
  • Corporate Authors:

    Edward Elgar Publishing Limited

    Gower House, Croft Road, Aldershot
    Hants GU11 3HR,   England 
  • Authors:
    • Button, K
  • Publication Date: 1993


  • English

Media Info

  • Features: Figures; References; Tables;
  • Pagination: 177 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00721480
  • Record Type: Publication
  • ISBN: 1852784431
  • Files: TRIS
  • Created Date: May 17 1996 12:00AM