Urban Transportation Financing: Theory and Policy in Ontario

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 unde...

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Bibliographic Details
Main Author: Frankena, Mark w. (Author)
Format: Electronic eBook
Language:English
Published: Toronto University of Toronto Press [2019]
Series:Heritage
Subjects:
Online Access:DE-1046
DE-859
DE-860
DE-739
DE-473
DE-1043
DE-858
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Summary: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
Item Description:Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Mrz 2019)
Physical Description:1 online resource
ISBN:9781487595494
DOI:10.3138/9781487595494

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