Myth, Reality and employment in London

Myth, Reality and employment in London

employment in London reached a peak in 1962 or 1963, and then fell consistently for 20 years, but seems to have been rising again since 1982 or 1983. employment is now mainly professional and administrative. Rail transport is the only effective way to move the large numbers involved.

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Economies of Scale in Bus transport: I. Some British Municipal Results

This study was prompted by the proposal to merge a number of municipal transport undertakings into Passenger transport Authorities. The authors analyse figures showing various working expenses per bus-mile, and find no evidence of scale economies. They point out, however, that the P.T.A.s will be larger than any undertaking in their sample, and that a different conclusion might conceivably be reached if data were available on costs per passenger-mile. Extension of one-man operation appears to offer greater scope for economies than amalgamation.

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