BUS DEREGULATION: A WELFARE BALANCE SHEET
The effects of local bus deregulation in the United Kingdom are assessed over the period 1985/86 to 1988/89. After taking account of lower earnings and fuel costs, a substantial reduction in operating cost per bus-kilometre through improved productivity is shown. However, ridership losses were greater than expected, and substantial losses to users through higher fares and service instability emerge. Large increases in bus-kilometres operated did not produce any aggregate increase in ridership, but offset much of the reduction in unit cost. Overall, a small net benefit is shown in the metropolitan areas, but a net loss elsewhere. In contrast, London (not deregulated, but subject to a competitive tendering system) shows no user or worker losses, and a substantial net benefit through higher productivity. (Author/TRRL)
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/856156
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Corporate Authors:
Bath University, England
Claverton Down
Bath BA2 7AY, England -
Authors:
- White, P R
- Publication Date: 1990-9
Language
- Undetermined
Media Info
- Features: References;
- Pagination: p. 311-32
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Serial:
- Journal of Transport Economics and Policy
- Volume: 24
- Issue Number: 3
- Publisher: University of Bath
- ISSN: 0022-5258
- Serial URL: http://www.jtep.com
Subject/Index Terms
- TRT Terms: Analysis; Buses; Costs; Deregulation; Economic analysis; Economic efficiency; Operating costs
- Uncontrolled Terms: Cost analysis; Efficiency
- Geographic Terms: United Kingdom
- ITRD Terms: 155: Administration; 1272: Bus; 235: Competition; 226: Cost benefit analysis; 9009: Decrease; 237: Economic efficiency; 653: Level of service; 221: Operating costs; 744: Public transport; 241: Tariff; 8119: United Kingdom; 9084: Use
- Subject Areas: Economics; Finance; Highways; Planning and Forecasting; Public Transportation;
Filing Info
- Accession Number: 00623949
- Record Type: Publication
- Source Agency: Transport and Road Research Laboratory (TRRL)
- Files: ITRD, TRIS, ATRI
- Created Date: Jul 31 1992 12:00AM