LICENCE VALUES IN TAXI MARKETS
Benedikt Koehler ()
Economic Affairs, 2005, vol. 25, issue 2, 52-54
Wherever taxi regulators cap the number of taxis, operating licences acquire economic value. In the UK, the Office of Fair Trading recommended legislative repeal of quantity caps, but the status quo continues. This article argues that licence values send an important signal to taxi regulators.
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:ecaffa:v:25:y:2005:i:2:p:52-54
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0265-0665
Access Statistics for this article
Economic Affairs is currently edited by Philip Booth
More articles in Economic Affairs from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().