THE CONTESTABILITY OF THE U.K. INTERURBAN BUS MARKET
An examination of the nature of the market for interurban bus provision in the United Kingdom is offered. It is sought to establish the extent to which this market exhibits those characteristics generally associated with contestability. The 1980 U.K. Transport Act, which essentially deregulated a large part of the interurban bus industry, provides an important dynamic component to the analysis and permits an examination of whether the industry behaved as one would expect if it were contestable in the face of a major shift in regulatory controls. Some general comments are offered as to the direction future policy may take if the economic efficiency of the market is to be enhanced in the longer term.
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Supplemental Notes:
- Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
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Authors:
- BUTTON, K J
- Publication Date: 1985
Media Info
- Media Type: Print
- Features: Figures; References; Tables;
- Pagination: pp 31-37
- Monograph Title: Economic and regulatory issues in intercity bus and other transportation
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Serial:
- Transportation Research Record
- Issue Number: 1012
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Bus transportation; Deregulation; Intercity bus lines; Legislation; Market research; Policy
- Geographic Terms: United Kingdom
- Old TRIS Terms: Future policies
- Subject Areas: Administration and Management; Economics; Highways; Law; Motor Carriers; Policy; Public Transportation; Society; I10: Economics and Administration;
Filing Info
- Accession Number: 00453095
- Record Type: Publication
- ISBN: 0309039010
- Files: TRIS, TRB
- Created Date: May 31 1986 12:00AM