THE FINANCING OF PUBLIC TRANSPORT IN THE YEAR 2000: THE CONTRIBUTION OF THE "SOCIO-ECONOMIC PROFIT AND LOSS ACCOUNT"
Public transport enterprises have earnings limited by political policies or requirements to render services in the public ecomomic interest. In Western nations the rises in real income and public policies with respect to transportation and land use have affected the viability of public transit. While public transit must utilize conventional commercial accounting, such a system cannot properly record services rendered in the public interest. The identification and valuation of socioeconomic services involves special problems. In socially oriented supplementary accounting it is necessary to differentiate between inputs and outputs through choice and evaluation of external effects. In West Germany a public transport organization has developed a socioeconomic profit and loss accounting with the socioeconomic accounting. Further information on social accounting is being gathered by the International Commission on Transport Economics and an attempt to standardize the analysis will probably be made.
- FLIEGER, H
- Publication Date: 1983
- Features: Figures;
- Pagination: p. 309-315
- UITP REVUE
- Volume: 32
- Issue Number: 4
- TRT Terms: Accounting; Analysis; Benefit cost analysis; Externalities; Needs assessment; Politics; Social factors; Socioeconomic factors
- Old TRIS Terms: Analytical method
- Subject Areas: Economics; Finance; Highways; Planning and Forecasting; Public Transportation; Society;
- Accession Number: 00382594
- Record Type: Publication
- Files: TRIS
- Created Date: Mar 30 1984 12:00AM