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Modeling Economic Inefficiency Caused By Public Transit Subsidies

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Modeling Economic Inefficiency Caused By Public Transit Subsidies

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Author : Kofi Obeng
language : en
Publisher: Praeger
Release Date : 1997-06-11

Modeling Economic Inefficiency Caused By Public Transit Subsidies written by Kofi Obeng and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-06-11 with Business & Economics categories.

An empirical investigation into the distorting effects of subsidies on firm efficiency, this book puts together and applies recent developments in econometric methods to explore efficiency consequences of government subsidy on firm operations. Within the neoclassical framework, the book provides analytical solutions capturing the effect of subsidy on cost, output, input demand, and allocative distortions when the firm receives operating and capital subsidies. By doing so, the book avoids the ad-hoc models that have been used to estimate the effect of subsidy on firm efficiency in the transit industry. The book takes the analytical model and develops empirical models to estimate the effect of subsidy on firm efficiency in transit firms. It applies a variety of techniques—deterministic, stochastic frontier estimation, and Data Envelopment Analysis to capture various aspects of the effect of subsidy. It separates allocative inefficiency into those due to subsidy and those due to internal factors. The book's contribution is the consistency and thoroughness with which the authors deal with the topic and the rigor of the empirical estimation.

Affordability And Subsidies In Public Urban Transport What Do We Mean What Can Be Done

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Author : Nicolas Estupinan
language : en
Publisher: World Bank Publications
Release Date : 2007

Affordability And Subsidies In Public Urban Transport What Do We Mean What Can Be Done written by Nicolas Estupinan and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Air categories.

Abstract: Subsidy policies on public urban transport have been adopted ubiquitously. In both developed and developing countries, subsidies are implemented to make transport more affordable. Despite their widespread implementation, there are virtually no quantitative assessments of their distributional incidence, making it impossible to determine if these instruments are pro-poor. This paper reviews the arguments used to justify subsidy policies in public urban transport. Using different tools to quantitatively evaluate the incidence and distributive impacts of subsidy policy options, the paper analyzes the findings of a series of research papers that study urban public transport subsidy policies in developed and developing countries. The available evidence indicates that current public urban transport subsidy policies do not make the poorest better off. Supply-side subsidies are, for the most part, neutral or regressive; while demand-side subsidies perform better-although many of them do not improve income distribution. Considering that the policy objective is to improve the welfare of the poorest, it is imperative to move away from supply-side subsidies towards demand-side subsidies and to integrate transport social concerns into wider poverty alleviation efforts, which include the possibility of channeling subsidies through monetary transfer systems or through other transfer instruments (food subsidies, health services and education for the poor). The general conclusion of the paper is that more effort should be devoted to improve the targeting properties of public urban transport subsidies using means-testing procedures to ensure a more pro-poor incidence of subsidies.

Urban And Regional Transportation Modeling

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Author : Der-Horng Lee
language : en
Publisher: Edward Elgar Publishing
Release Date : 2004-01-01

Urban And Regional Transportation Modeling written by Der-Horng Lee and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Transportation categories.

'This collection in honor of David Boyce contains genuinely interesting and quality papers that reflect the diversity of interests of the honoree. David Boyce has made a number of significant contributions at the interface of transportation and regional science. He has been a pioneer of injecting rigor and consistency into spatial analysis. The papers here both reflect the ethos of this copious body of analysis and take it further in extensions and applications. It will prove to be an enduring source of ideas and insight.' - Kenneth Button, George Mason University, US

Rational Choice And Democratic Deliberation

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Author : Guido Pincione
language : en
Publisher: Cambridge University Press
Release Date : 2006-07-24

Rational Choice And Democratic Deliberation written by Guido Pincione and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-24 with Philosophy categories.

This book offers a comprehensive and sustained critique of theories of deliberative democracy.

The Economics Of Urban Transportation

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Author : Kenneth A. Small
language : en
Publisher: Routledge
Release Date : 2007-10-18

The Economics Of Urban Transportation written by Kenneth A. Small and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-18 with Business & Economics categories.

This timely new edition of Kenneth A. Small’s seminal textbook Urban Transportation Economics, co-authored with Erik T. Verhoef, has been fully updated, covering new areas such as parking policies, reliability of travel times, and the privatization of transportation services, as well as updated treatments of congestion modelling, environmental costs, and transit subsidies. Rigorous in approach and making use of real-world data and econometric techniques, it contains case studies from a range of countries including congestion charging in Norway, Singapore and the UK, light rail in the Netherlands and freeway tolls in the US. Small and Verhoef cover all basic topics needed for any application of economics to transportation: forecasting the demand for transportation services under alternative policies measuring all the costs including those incurred by users setting prices under practical constraints choosing and evaluating investments in basic facilities designing ways in which the private and public sectors interact to provide services. This book will be of great interest to students with basic calculus and some knowledge of economic theory who are engaged with transportation economics, planning and, or engineering, travel demand analysis, and many related fields. It will also be essential reading for researchers in any aspect of urban transportation.