Advanced Search
MyIDEAS: Login

Privatisation and Deregulation of Urban Bus Services: An Analysis of Fare Evolution Mechanisms

Contents:

Author Info

  • J. Enrique Fernández
  • Juan Carlos Muñoz
Registered author(s):

    Abstract

    Urban bus systems have been privatised and deregulated in Britain, Santiago (Chile) and Colombo (Sri Lanka). Although similar regulations were applied in these cases, the outcomes observed were significantly different. We create an analytical model to explain such outcomes considering differing compositions of the bus fleet (number of operators competing and their frequencies of service) and passengers' valuation of time. We conclude that perfect competition is not likely to emerge in the urban bus market. However, while in some cases this economic distortion scarcely affects the results, in others it does so significantly. Our model accurately predicts the outcomes observed. © 2007 LSE and the University of Bath

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.catchword.com/cgi-bin/cgi?ini=bc&body=linker&reqidx=0022-5258(20070101)41:1L.25;1-
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by London School of Economics and University of Bath in its journal Journal of Transport Economics and Policy.

    Volume (Year): 41 (2007)
    Issue (Month): 1 (January)
    Pages: 25-49

    as in new window
    Handle: RePEc:tpe:jtecpo:v:41:y:2007:i:1:p:25-49

    Contact details of provider:
    Web page: http://www.bath.ac.uk/e-journals/jtep

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Anthony Ling on private buses
      by Stephen Smith in Market Urbanism on 2012-08-09 05:06:06

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:tpe:jtecpo:v:41:y:2007:i:1:p:25-49

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.