Urban Transportation Financing : Theory and Policy in Ontario /
Frankena, Mark w
Urban Transportation Financing : Theory and Policy in Ontario / Mark w. Frankena. - 1 online resource (242 p.) - Heritage .
restricted access http://purl.org/coar/access_right/c_16ec
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.
Mode of access: Internet via World Wide Web.
In English.
9781487595494
10.3138/9781487595494 doi
Urban transportation policy--Ontario.
Urban transportation--Finance.--Ontario
BUSINESS & ECONOMICS / Economic History.
HE311.C32 / O572 1982eb
388.4/042
Urban Transportation Financing : Theory and Policy in Ontario / Mark w. Frankena. - 1 online resource (242 p.) - Heritage .
restricted access http://purl.org/coar/access_right/c_16ec
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.
Mode of access: Internet via World Wide Web.
In English.
9781487595494
10.3138/9781487595494 doi
Urban transportation policy--Ontario.
Urban transportation--Finance.--Ontario
BUSINESS & ECONOMICS / Economic History.
HE311.C32 / O572 1982eb
388.4/042