The “Standby” Concept on Railways

The “Standby” Concept on Railways

The Author analyses the reasons why the railways have more capacity than they can profitably use. Should this surplus capacity be reduced or should the State subsidise its continuance? He concludes that "it is standby capacity which need not exist for commercial or operating reasons and which the community has shown no pressing desire to retain".

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

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