Urban Transportation Financing

Theory and Policy in Ontario

Nonfiction, Social & Cultural Studies, Political Science, Politics, City Planning & Urban Development, Science & Nature, Science, Earth Sciences, Geography, Business & Finance, Economics, Economic History
Cover of the book Urban Transportation Financing by Mark w. Frankena, University of Toronto Press, Scholarly Publishing Division
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Author: Mark w. Frankena ISBN: 9781487597207
Publisher: University of Toronto Press, Scholarly Publishing Division Publication: December 15, 1982
Imprint: Language: English
Author: Mark w. Frankena
ISBN: 9781487597207
Publisher: University of Toronto Press, Scholarly Publishing Division
Publication: December 15, 1982
Imprint:
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

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