User Economies of Scale: Bus Subsidy in Adelaide.
This paper considers the user economies of scale public transport subsidy argument, using buses in Adelaide as a case study. The paper operates at a corridor level; models user choice between random and planned behavior using a logit model; uses a peak load model; models existing social justice policy; considers the effect of distortionary public finance; and considers the impact of introducing competitive tendering in service delivery. It concludes that current subsidies are significantly higher than can be justified on user economies of scale grounds and optimal subsidy results are significantly affected by distortionary public finance. Copyright 1997 by The Economic Society of Australia.
Year of publication: |
1997
|
---|---|
Authors: | Tisato, Peter |
Published in: |
The Economic Record. - Economic Society of Australia - ESA, ISSN 1475-4932. - Vol. 73.1997, 223, p. 329-47
|
Publisher: |
Economic Society of Australia - ESA |
Saved in:
Saved in favorites
Similar items by person
-
TISATO, PETER, (1991)
-
TAXES AND MARKETABLE PERMITS IN POLLUTION CONTROL
TISATO, PETER, (1993)
-
Pollution Control and Cost Minimising Firm Responses
Tisato, Peter, (1996)
- More ...