A Research Agenda for Transport Policy
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A Research Agenda for Transport Policy

Edited by John Stanley and David A. Hensher

Everyone has an opinion on transport: it significantly affects daily lives. This book highlights key transport opportunities and challenges, and identifies research requirements to inform policy discussion and support better societal outcomes. It does this by scanning across modes, continents, technologies and socio-economic settings, looking for common threads, points of difference and opportunities to make a difference. The book should appeal to prospective post-graduate students, professionals in transport and related fields, and those interested in better places and good discussions.
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Chapter 2: Transport economics

David A. Hensher

Abstract

This chapter discusses a few current and emerging themes that have an economics focus in supporting advice to decision makers. We begin with a holistic context-setting discussion of thinking about the integration of transport and land use planning to inform transport policy, followed by an overview of themes that can better inform this integrative framework. These are the wider economic impacts (WEI) of transport initiatives, and the role of road pricing reform to internalise negative externalities.

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