Modeling Economic Inefficiency Caused by Public Transit Subsidies

Modeling Economic Inefficiency Caused by Public Transit Subsidies

Hardcover

$86.00

Product Details

ISBN-13: 9780275958510
Publisher: Greenwood Publishing Group, Incorporated
Publication date: 06/12/1997
Pages: 216
Product dimensions: 6.32(w) x 9.44(h) x 0.71(d)

About the Author

K. OBENG is UPS Professor of Transportation at North Carolina A & T State University, where he has taught transportation and economics for 14 years. He is the author of numerous journal articles.

A.H.M. GOLAM AZAM is Assistant Professor of Economics at North Carolina A & T State University and has published in various journals on subjects including transportation and international economics.

R. SAKANO is Assistant Professor of Economics at North Carolina A & T State University. His research focuses on applied econometrics in various subjects in economics, including transportation, income distribution, labor economics, and international economics.

Table of Contents

Preface

Overview

Recent Trends in Transit Costs, Revenues, and Subsidies

Government Subsidy and Economic Inefficiency

Optimization Model of Subsidy-Cost Linkage

Allocative Distortions from Subsidies

Modeling Technical Inefficiency Using Data Envelopment Analysis

Stochastic Frontier Model

Allocative Efficiency and Pareto Efficiency

Summary and Conclusion

Bibliography

Index

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