THE EFFECTS OF SUBSIDIES ON PUBLIC TRANSIT LONG-RUN COSTS
This paper investigates sources of public transit long-run cost increases attributable to transit subsidies. The sources include wage, vehicle capital price and service increases. Service expansion is found to be the major source. Transit cost increases related to subsidies are classified as input price, output and finance effects of these subsidies. Transit costs are more responsive to federal operating subsidies, followed in declining order by local operating, state operating and capital subsidies, respectively.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/10461469
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Corporate Authors:
Transportation Research Forum
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Authors:
- Obeng, K
- Talley, W K
- Colburn, C
- Publication Date: 1995
Language
- English
Media Info
- Features: References; Tables;
- Pagination: p. 69-86
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Serial:
- Journal of the Transportation Research Forum
- Volume: 35
- Issue Number: 1
- Publisher: Transportation Research Forum
- ISSN: 1046-1469
- Serial URL: https://trforum.org/journal-of-the-trf/
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Publication flags:
Open Access (libre)
Subject/Index Terms
- TRT Terms: Capital investments; Economics; Operating subsidies; Public transit; Subsidies
- Uncontrolled Terms: Transit services
- Subject Areas: Economics; Finance; Highways; Public Transportation; I10: Economics and Administration;
Filing Info
- Accession Number: 00712571
- Record Type: Publication
- Files: TRIS
- Created Date: Oct 12 1995 12:00AM