It Wasn't Supposed To Turn Out Like This: Federal Subsidies and Declining Transit Productivity

Charles Lave

University of California Transportation Center, Working Papers from University of California Transportation Center

Abstract: Consider the urban transit "problem." In the 1960s the problem was declining transit patronage. Finances received little discussion because the industry was essentially self-supporting; operating costs were so low that passenger revenues covered costs. In the 1990s "problem" has a whole new meaning: financial deficits. Today, most transit revenue comes from governments, not passengers, and the result is continual fiscal crisis - the search for money to continue the subsidies. The new transit problem grew from our efforts to solve the old one.

Keywords: Life Sciences; Social and Behavioral Sciences; Engineering; federal subsidies; productivity; urban transit; transit property; transit systems; deficit (search for similar items in EconPapers)
Date: 1994-09-01
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.escholarship.org/uc/item/800596vh.pdf;origin=repeccitec (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdl:uctcwp:qt800596vh

Access Statistics for this paper

More papers in University of California Transportation Center, Working Papers from University of California Transportation Center Contact information at EDIRC.
Bibliographic data for series maintained by Lisa Schiff ().