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

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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