The government's influences on the size and shape of the transportation equipment market and the unpredictability of that influence are discussed, as well as the operators' influence on the market. The uncertainty that characterizes government funding of transit is also present in the supply of private capital. Ways in which such uncertainties could be mitigated are considered. The constraint that labor imposes on transit operations is also considered. The ways in which the organizational and institutional environment could be reshaped to encourage better performance are listed: in certain contexts free transit could provide universal mobility while meeting specific social goals; competition in the supply of transit equipment and infrastructure would be stimulated more by subsidizing captial availability through low interest, properietary interest. Other ways mentioned here include the conversion of some transit systems into employee-owned cooperatives; research into the demand aspects of transit; consumer education; and the examination of fundamental concepts such as capacity on urban transportation etc.

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    • This paper appeared in Transportation Research Board Special Report No. 181, Urban Transportation Economics. It contains proceedings of Five Workshops on Pricing Alternatives, Economic Regulations, Labor Issues, Marketing, and Government Financing Responsibilities held by Transportation Research Board. Sponsored by Office of the Secretary, Federal Highway Administration, and Urban Mass Transportation Administration of DOT; Environmental Protection Agency; and Federal Energy Administration. 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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    Transportation Research Board

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  • Authors:
    • Gellman, Aaron J
  • Publication Date: 1978

Media Info

  • Media Type: Digital/other
  • Pagination: pp 199-201
  • Serial:

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Filing Info

  • Accession Number: 00176517
  • Record Type: Publication
  • Files: TRIS, TRB, ATRI
  • Created Date: Nov 14 1981 12:00AM