ALTERNATE FORMULAS FOR A FEDERAL OPERATING SUBSIDY PROGRAM FOR TRANSIT
The paper discusses the rationale for transit subsidies, and explores the implications of four simple transit-subsidy formulas. It reviews the several arguments that have been advanced to justify the subsidization of mass transit services; describes some of the many possible subsidy formulas for allocating funds under an operating subsidy program; and directs attention to four criteria that should be used in selecting a particular subsidy formula; efficacy, incentives for economic efficiency, distribution costs, and equity. Four simple transit-subsidy formulas are analyzed: subsidies proportional to urban populations, to transit revenue-passengers, to vehicle-miles of service, or to potential transit-riders.
- See also report dated Jan 73, PB-219 077.
Institute for Defense AnalysesProgram Analysis Division
Arlington, VA United States
- Oi, W Y
- Publication Date: 1973-11
- Pagination: 140 p.
- TRT Terms: Buses; Commuter service; Cost allocation; Finance; Governments; Grant aid; Passenger service; Planning; Policy; Public transit; Rapid transit; Subsidies; Urban transportation
- Identifier Terms: Institute for Defense Analyses
- Uncontrolled Terms: Criteria; Financial management
- Geographic Terms: Illinois; Massachusetts; New York (State)
- Old TRIS Terms: Allocations; Government planning; Government policies; Rapid transit railways
- Subject Areas: Finance; Passenger Transportation; Planning and Forecasting; Policy; Public Transportation; Railroads;
- Accession Number: 00051572
- Record Type: Publication
- Source Agency: National Technical Information Service
- Report/Paper Numbers: P-943 Final Rpt
- Files: NTIS, TRIS
- Created Date: Mar 25 1981 12:00AM