SUBSIDIES, CAPITAL FORMATION, AND TECHNOLOGICAL CHANGE: LOCAL AIR TRANSPORT. VOLUME 7
The air transport system -- air carriers, airports and airways -- receives federal financial assistance through several federal programs. The total amount of funding is not a subsidy, since taxes are collected from system users, primarily in the form of fuel or passenger taxes. However, the portion of the funding which exceeds the taxes paid by users is a subsidy since this portion of the funding could have been used for other purposes and provides benefits in kind to users of the air system. These subsidies can change output levels, which can affect aircraft stock levels and consequently the level and possibly the rate of capital investment. This in turn can affect technological change. This study addresses the distribution of this subsidy among air transport user groups (general aviation, trunk and local carriers), and its impact, if any, on technological change.
- Also available in set of 8 reports PC E19, PB-285 287-SET.
CHARLES RIVER ASSOCIATESCAMBRIDGE, MA United States
National Bureau of StandardsExperimental Technology Incentives Program
Washington, DC United States 20234
- Publication Date: 1978-1
- Pagination: 171 p.
- TRT Terms: Air traffic control; Air transportation; Airports; Capital; Capital investments; Economic analysis; Economic development; Economic impacts; Federal assistance programs; Incentives; Local service airlines; Policy; Subsidies; Taxation; User charges
- Old TRIS Terms: Government policies
- Subject Areas: Aviation; Economics; Finance; Operations and Traffic Management; Policy; Public Transportation; Terminals and Facilities;
- Accession Number: 00186634
- Record Type: Publication
- Source Agency: National Technical Information Service
- Report/Paper Numbers: CRA-302.17 Final Rpt., NBS-GCR-ETIP-78-46
- Contract Numbers: NBS-6-35744
- Files: TRIS
- Created Date: Feb 27 1981 12:00AM