Empirical Transport Economics

2018-2019

Course Objective

This course aims to familiarize students with applied empirical
transport research and how to interpret recent applied work to evaluate
important transport policies. The course consists of lectures,
interesting home assignments and tutorials where assignments will be
discussed. In the lectures, we explain recent developments in empirical
strategies in transport research that are theoretically founded and
which help you to examine transport policies from a welfare perspective.

The lectures are based on a book and recently published articles.
Active participation of the students is vital and class discussions will
be
an important part of all lectures. Home assignments induce you to
engage in econometric analysis of (real) transport data, and to
interpret
the policy implications of data analysed. During the tutorials we will
discuss the results.

After the course, you will be able to:
- Perform applied/empirical research in transport economics in a wide
range of settings
- Critically evaluate research done by others
- Evaluate the effect of policies and understand the theoretical
underpinning behind this

Course Content

This course covers key topics in contemporary empirical transport
research and policies. Key topics discussed (and applied in the
assignments) include:
- applied discrete choice demand analysis (e.g. to estimate value of
time)
- applied panel data analyses (e.g. to estimate variation in travel time
as a function of congestion or the effect of market power on air travel
delays)
- applied instrumental variables approach (to estimate demand
functions for inland shipping in order to determine the welfare effects
of
low water in the river Rhine)
- analysis of (car/airport) congestion, global warming and other
externalities
- analyse several empirical studies of parking policy (e.g., cruising;
taxation of employer parking)
- understand company car tax policy (within the OECD) and the effect
on welfare
- competition and market power (of several types of transport
companies)
- regulation and deregulation (of transport companies)
- transport investment and pricing
- improve your understanding of location decisions of households and
the relationship with commuting
- competitive tendering in transport: for example, we discuss tendering
policies that determine which companies will build or operate our (road)
infrastructure and show recent evidence how competitive tendering of
public transport reduces costs.

Teaching Methods

Lectures, tutorials and assignments.

Method of Assessment

Assignments 30%,
Written examination 70%
Written examination: at least a 5.0

Literature

- Train, K., 2009. Discrete Choice Methods with Simulation, 2nd
edition. Cambridge University Press, Cambridge. Freely downloadable
from http://elsa.berkeley.edu/books/choice2.html
- other empirical articles will be suppled through Canvas

Recommended background knowledge

Transport Economics is recommended

General Information

Course Code E_STR_ETE
Credits 6 EC
Period P4
Course Level 400
Language of Tuition English
Faculty School of Business and Economics
Course Coordinator dr. V.A.C. van den Berg
Examiner dr. V.A.C. van den Berg
Teaching Staff prof. dr. J.N. van Ommeren
dr. V.A.C. van den Berg

Practical Information

You need to register for this course yourself

Last-minute registration is available for this course.

Teaching Methods Lecture
Target audiences

This course is also available as: