Matches in SemOpenAlex for { <https://semopenalex.org/work/W2214466573> ?p ?o ?g. }
Showing items 1 to 89 of
89
with 100 items per page.
- W2214466573 abstract "Bus networks carry 4.7 billion passenger trips a year in England, around three times the total number of trips made on national rail. In the six English metropolitan areas alone, over one billion bus trips are made every year. But although buses are the backbone of public transport in large urban areas, they are largely ignored by the national policy debate, which tends to focus on higher profile infrastructure investment. Moreover, public support for bus networks tends to come mainly through operating subsidy and concessionary reimbursement rather than capital grants. This tends to put buses at a disadvantage for two key reasons: (1) there is a notion amongst many decision makers, and promoted by the United Kingdom (UK) Treasury, that revenue spending offers a lower return on investment than capital spending and (2) transport appraisal tools are better geared at assessing the economic value of capital schemes. In this paper the authors develop and apply a comprehensive cost benefit analysis framework to estimate the economic value of three revenue-based bus policy measures in the context of the six English metropolitan areas: free travel for elderly and disabled people, fuel subsidy and subsidy of non-commercial bus services. The authors find that all three types of measure can have a Benefit Cost Ratio (BCR) in excess of 1. In the case of fuel subsidy and subsidy for non-commercial peak services this can be in excess of 3, which is higher than for many infrastructure schemes. The authors also find that a significant proportion of benefits accrues to other road users in the form of reduced congestion. This work addresses an important gap in the empirical evidence base and also serves to highlight to decision makers the mechanisms through which revenue funding generates social and economic benefits. The authors show, in particular, that bus subsidies can be a highly effective distributional tool in addition to generating considerable transport benefits. The authors framework should be easily transferable and could therefore be of value to other researchers and practitioners." @default.
- W2214466573 created "2016-06-24" @default.
- W2214466573 creator A5009548948 @default.
- W2214466573 date "2014-01-01" @default.
- W2214466573 modified "2023-09-24" @default.
- W2214466573 title "The Economic Value of Bus Subsidy" @default.
- W2214466573 hasPublicationYear "2014" @default.
- W2214466573 type Work @default.
- W2214466573 sameAs 2214466573 @default.
- W2214466573 citedByCount "0" @default.
- W2214466573 crossrefType "journal-article" @default.
- W2214466573 hasAuthorship W2214466573A5009548948 @default.
- W2214466573 hasConcept C100001284 @default.
- W2214466573 hasConcept C10138342 @default.
- W2214466573 hasConcept C127413603 @default.
- W2214466573 hasConcept C142724271 @default.
- W2214466573 hasConcept C144133560 @default.
- W2214466573 hasConcept C151730666 @default.
- W2214466573 hasConcept C157085824 @default.
- W2214466573 hasConcept C158739034 @default.
- W2214466573 hasConcept C162324750 @default.
- W2214466573 hasConcept C166957645 @default.
- W2214466573 hasConcept C17744445 @default.
- W2214466573 hasConcept C195487862 @default.
- W2214466573 hasConcept C199539241 @default.
- W2214466573 hasConcept C22212356 @default.
- W2214466573 hasConcept C27548731 @default.
- W2214466573 hasConcept C2777673361 @default.
- W2214466573 hasConcept C2779343474 @default.
- W2214466573 hasConcept C2780889827 @default.
- W2214466573 hasConcept C34447519 @default.
- W2214466573 hasConcept C539828613 @default.
- W2214466573 hasConcept C71924100 @default.
- W2214466573 hasConcept C84265765 @default.
- W2214466573 hasConcept C86803240 @default.
- W2214466573 hasConcept C94625758 @default.
- W2214466573 hasConcept C95457728 @default.
- W2214466573 hasConceptScore W2214466573C100001284 @default.
- W2214466573 hasConceptScore W2214466573C10138342 @default.
- W2214466573 hasConceptScore W2214466573C127413603 @default.
- W2214466573 hasConceptScore W2214466573C142724271 @default.
- W2214466573 hasConceptScore W2214466573C144133560 @default.
- W2214466573 hasConceptScore W2214466573C151730666 @default.
- W2214466573 hasConceptScore W2214466573C157085824 @default.
- W2214466573 hasConceptScore W2214466573C158739034 @default.
- W2214466573 hasConceptScore W2214466573C162324750 @default.
- W2214466573 hasConceptScore W2214466573C166957645 @default.
- W2214466573 hasConceptScore W2214466573C17744445 @default.
- W2214466573 hasConceptScore W2214466573C195487862 @default.
- W2214466573 hasConceptScore W2214466573C199539241 @default.
- W2214466573 hasConceptScore W2214466573C22212356 @default.
- W2214466573 hasConceptScore W2214466573C27548731 @default.
- W2214466573 hasConceptScore W2214466573C2777673361 @default.
- W2214466573 hasConceptScore W2214466573C2779343474 @default.
- W2214466573 hasConceptScore W2214466573C2780889827 @default.
- W2214466573 hasConceptScore W2214466573C34447519 @default.
- W2214466573 hasConceptScore W2214466573C539828613 @default.
- W2214466573 hasConceptScore W2214466573C71924100 @default.
- W2214466573 hasConceptScore W2214466573C84265765 @default.
- W2214466573 hasConceptScore W2214466573C86803240 @default.
- W2214466573 hasConceptScore W2214466573C94625758 @default.
- W2214466573 hasConceptScore W2214466573C95457728 @default.
- W2214466573 hasLocation W22144665731 @default.
- W2214466573 hasOpenAccess W2214466573 @default.
- W2214466573 hasPrimaryLocation W22144665731 @default.
- W2214466573 hasRelatedWork W168587118 @default.
- W2214466573 hasRelatedWork W212461426 @default.
- W2214466573 hasRelatedWork W2176778642 @default.
- W2214466573 hasRelatedWork W2242559755 @default.
- W2214466573 hasRelatedWork W2248955073 @default.
- W2214466573 hasRelatedWork W2263667634 @default.
- W2214466573 hasRelatedWork W2391698212 @default.
- W2214466573 hasRelatedWork W3124059812 @default.
- W2214466573 hasRelatedWork W3124518173 @default.
- W2214466573 hasRelatedWork W569459327 @default.
- W2214466573 hasRelatedWork W587150747 @default.
- W2214466573 hasRelatedWork W591900182 @default.
- W2214466573 hasRelatedWork W597403345 @default.
- W2214466573 hasRelatedWork W622978515 @default.
- W2214466573 hasRelatedWork W627298366 @default.
- W2214466573 hasRelatedWork W629405647 @default.
- W2214466573 hasRelatedWork W632657714 @default.
- W2214466573 hasRelatedWork W641528066 @default.
- W2214466573 hasRelatedWork W645913245 @default.
- W2214466573 hasRelatedWork W762900195 @default.
- W2214466573 isParatext "false" @default.
- W2214466573 isRetracted "false" @default.
- W2214466573 magId "2214466573" @default.
- W2214466573 workType "article" @default.