Urban growth is assumed to depend on the balance between advantages of urban employment and the costs of public and private transport. With constant money prices or average cost pricing of buses (free cometition), growth is towards a small congested city, with a period of urban decay when congestion and all travel costs are increasing although the city is shrinking. Marginal social cost pricing of both modes removes this dynamic inefficiency and leads to much larger cities with faster transport services. Short-run effects and profitability are found to be poor indicators of the long-run implications of policies. /Author/

  • Availability:
  • Corporate Authors:

    North-Holland Publishing Company

    P.O. Box 211
    1000 AE Amsterdam,   Netherlands 
  • Authors:
    • Glaister, S
  • Publication Date: 1976-1

Media Info

  • Features: Figures; References; Tables;
  • Pagination: p. 103-117
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00128958
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Mar 10 1981 12:00AM