Collective Bargaining And Manpower In Urban Transit Systems

Author : Mark w. Frankena
Publisher : University of Toronto Press
ISBN 13 : 1487597207
Total Pages : 228 pages
Book Rating : 4.4/5 (875 download)

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Download or read book Urban Transportation Financing written by Mark w. Frankena and published by University of Toronto Press. This book was released on 1982-12-15 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an economic analysis of pricing and subsidy policies for urban roads and urban public transit in Ontario. Professor Frankena demonstrates the benefits of evaluating the economic merits of policy alternatives, and attempts to determine whether existing policies waste resources or lead to undesirable income transfers among different groups in the population. He concludes that resources are being wasted because the use of urban roads is substantially underpriced during periods of peak demand. He also finds that while there are sound economic justifications for substantial public transit subsidies, the allocation of subsidies by the Ontario government on the basis of capital expenditures can be expected to waste resources, as can the maximization of ridership which is likely to lead to detrimental fare and service policies. In conclusion, Frankena suggests improvements in the systems for charging people for the use of roads and public transit and in the ways that governments provide subsidies.