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.

  • Supplemental Notes:
    • Also available in set of 8 reports PC E19, PB-285 287-SET.
  • Corporate Authors:

    CHARLES RIVER ASSOCIATES

    CAMBRIDGE, MA  United States 

    National Bureau of Standards

    Experimental Technology Incentives Program
    Washington, DC  United States  20234
  • Publication Date: 1978-1

Media Info

  • Pagination: 171 p.

Subject/Index Terms

Filing Info

  • 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