Subsidies and US Urban Transit Ridership
Peran van Reeven and
Vladimir Karamychev ()
Journal of Transport Economics and Policy, 2016, vol. 50, issue 1, 1-20
In recent years, operating subsidies in the USA increased considerably in response to public concerns over traffic congestion and air quality. In a panel of more than 600 transit firms over the period from 1991 to 2012, we find no significant relationship between subsidy and ridership. We show that with a larger subsidy, a transit system operates a larger network but less intensively. At the same time, this subsidy influences service supply in such a way that the quality, as perceived by the traveller, suffers. This is reflected by lower costs of production. © 2016 LSE and the University of Bath
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://www.catchword.com/cgi-bin/cgi?ini=bc&body=l ... (20160101)50:1L.1;1- (text/html)
Access to full text is restricted to subscribers.
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:tpe:jtecpo:v:50:y:2016:i:1:p:1-20
Access Statistics for this article
Journal of Transport Economics and Policy is currently edited by B T Bayliss, S A Morrison, A Smith and D Graham
More articles in Journal of Transport Economics and Policy from University of Bath
Bibliographic data for series maintained by Christopher F. Baum ().