1972
DOI: 10.1111/j.1467-9957.1972.tb01127.x
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A Critique of Road Passenger Transport Subsidy Policies†

Abstract: It should be made clear that long-distance, inter-urban journeys are being SThe central government reimburses 50 per cent of the subsidy, provided that Transport Economics and Policy (January 1972). excluded from the definition of the sector.revenue on a service is greater than half its costs. 397 398The Manchester School of Passenger Transport Authorities to levy a rate precept to cover the operating deficits of their executives.' 'These powers are derived from Section 13 of the 1968 Transport Act. At least o… Show more

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“…The National Bus Company, the main recipient in England and Wales, received £1.078 million ($1.94 million) in 1971, £1.145 million ($2.06 million) in 1972, £1.565 million ($2.82 million) in 1973 and £2.773 million ($4.99 million) in 1974. The willingness of local authorities to provide these subsidies has varied from area to area, and many have been unwilling to finance such services because of dissatisfaction with the crude methods of costing used by bus companies to estimate losses on individual services (see Tyson, 1972, for a discussion of the subsidies).…”
Section: The Process Of Decision-makingmentioning
confidence: 99%
“…The National Bus Company, the main recipient in England and Wales, received £1.078 million ($1.94 million) in 1971, £1.145 million ($2.06 million) in 1972, £1.565 million ($2.82 million) in 1973 and £2.773 million ($4.99 million) in 1974. The willingness of local authorities to provide these subsidies has varied from area to area, and many have been unwilling to finance such services because of dissatisfaction with the crude methods of costing used by bus companies to estimate losses on individual services (see Tyson, 1972, for a discussion of the subsidies).…”
Section: The Process Of Decision-makingmentioning
confidence: 99%