Urban Transportation Financing: Theory and Policy in Ontario

Synopsis

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.

Copyright:

1982

Book Details

Book Quality:

Publisher Quality

ISBN-13:

9781487597207

Publisher:

University of Toronto Press, Scholarly Publishing Division

Date of Addition:

09/22/17

Copyrighted By:

University of Toronto Press

Adult content:

No

Language:

English

Has Image Descriptions:

No

Categories:

History, Nonfiction, Business and Finance, Social Studies, Earth Sciences, Politics and Government

Submitted By:

Bookshare Staff

Usage Restrictions:

This is a copyrighted book.