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Book synopsis

The book relates theoretical discussions in main stream transport economics to empirical evidence from the Norwegian passenger transport industry in order to give a better basis for transport authorities to optimize subsidized public passenger transport services. Chapters 1-4 provide general discussions of the industry and present relevant theory. Chapters 5-9 present quantitative analyses of different aspects of the passenger transport industry. Chapter 5 focuses on structural changes in the bus industry following the introduction of competitive tendering. Chapter 6 demonstrates how cost norms can be used as a tool to detect subsidy fraud. Using different methodological approaches, Chapters 7 and 8 estimate marginal costs in the Norwegian ferry industry which, in order to maximize social surplus, should form the basis for setting the fares in this strictly regulated industry. Finally, Chapter 9 operationalizes a general model describing the market for passenger transport and presents empirical evidence of fares and time costs for several transport modes.

Book details

Book category Books in English Economics, finance, business & management Economics

• Full title: Public Passenger Transport in Norway
• Subtitle: Regulation, Operators' Cost Structure and Passengers' Travel Costs
• Author: Terje Andreas Mathisen
• Language: English
• Binding: Paperback
• Number of pages: 160
• EAN: 9783639292411
• ISBN: 3639292413
• ID: 06836337
• Publisher: VDM Verlag
• Weight: 245 g
• Dimensions: 229 × 152 × 9 mm
• Date of publishing: 10. September 2010

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