SOCIAL WELFARE ECONOMICS AND THE DEFICITS OF PUBLIC ENTERPRISES: THE EXAMPLE OF SWISS FEDERAL RAILWAYS

WOHLFAHRTSOEKONOMIE UND DEFIZITE OEFFENTLICHER UNTERNEHMUNGEN: DAS BEISPIEL DER BUNDESBAHNEN

By using the example of the CFF, this article discusses under what circumstances and to what extent the large deficits of public railway companies may be justified by the concept of social welfare economics. Factors examined include reduced average costs, the political aims of allocation, external factors and, most important, the problem of the "second best".

• Corporate Authors:

  Schweizerische Gesell fuer Statistik & Volkswirts

  Hallwylstrasse 15
  CH-3003 Berne,   Switzerland 
• Authors:
  • Blankart, C B
• Publication Date: 1977

Language

• German

Media Info

• Features: Photos; References; Tables;
• Pagination: p. 425-446
• Serial:
  • Schweizerische Zeit fuer Volkswirtschaft & Statist
  • Volume: 113
  • Issue Number: 4
  • Publisher: Schweizerische Gesell fuer Statistik & Volkswirts

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Deficits; Economic analysis; Externalities; Subsidies; Transportation planning; Transportation policy
• Identifier Terms: Schweizerische Bundesbahnen
• Geographic Terms: United States
• Old TRIS Terms: National transportation policies
• Subject Areas: Economics; Environment; Finance; Policy; Railroads;

Filing Info

• Accession Number: 00173390
• Record Type: Publication
• Source Agency: International Union of Railways
• Files: TRIS
• Created Date: Apr 12 1978 12:00AM