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The impact of capital grants on maintenance in the public sector

Brian A. Cromwell

No 8812, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: A study of how state and federal grants affect the maintenance policies of local mass-transit providers, showing that private owners of transit capital devote significantly greater resources to maintenance than do public owners of similar capital.

Keywords: Infrastructure (Economics); Local transit; Subsidies (search for similar items in EconPapers)
Date: 1988
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