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Impacts of Subsidies on the Costs of Urban Public transport

Impacts of Subsidies on the Costs of Urban Public transport

The authors find strong evidence that Federal and State subsidies have the effect of increasing costs. They suggest changes to improve the system.

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Cost Functions for Inland Waterways transport in the United States

American inland waterway transport is subject to a complicated system of control by government agencies, which require knowledge of costs. Inland waterway costs have fallen slightly, and a large share of the market has come into the hands of a small number of firms. The authors find increasing returns to scale for size of firm and output.

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