کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
310379 533081 2016 15 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Implications of the cost of public funds in public transit subsidization and regulation
ترجمه فارسی عنوان
پیامدهای هزینه بودجه عمومی در اختصاص یارانه به حمل و نقل عمومی و مقررات
کلمات کلیدی
حمل و نقل عمومی؛ کمک مالی؛ هزینه بودجه عمومی؛ رفاه اجتماعی
موضوعات مرتبط
مهندسی و علوم پایه سایر رشته های مهندسی مهندسی عمران و سازه
چکیده انگلیسی


• The impact of the cost of public funds (CF) on public transit subsidization is explored analytically.
• CF determines how much the passengers’ surplus is compromised to cover the fixed operating cost.
• A public operator’s decision can be reproduced from this model’s optimality conditions.
• Subsidy is justified until CF exceeds the critical shadow price of the financial constraint.

This paper identifies some implications of the cost of public funds (CF) in public transit subsidization and regulation. Regulation is considered because a monopolistic operator is assumed. A social welfare maximization model is proposed, subject to individual rationality and vehicle capacity constraints. Optimality conditions are provided and a key formula is derived about CF’s role in balancing the need to cover the fixed operation cost through fares on the operator’s side and the effort to maintain the user surplus on the passengers’ side. Major findings from this model’s formulation include: (1) CF determines the extent to which the passengers’ surplus is compromised in order to cover the fixed part of the operating cost, and (2) subsidy is unjustified when CF exceeds the critical shadow price of the financial constraint. Analytical relations are illustrated through numerical examples.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Transportation Research Part A: Policy and Practice - Volume 91, September 2016, Pages 236–250
نویسندگان
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