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The impact of capital grants on maintenance in the public sector

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  • Brian A. Cromwell

Abstract

A study of how state and federal grants affect the maintenance policies of local mass-transit providers, showing that private owners of transit capital devote significantly greater resources to maintenance than do public owners of similar capital.

Suggested Citation

  • Brian A. Cromwell, 1988. "The impact of capital grants on maintenance in the public sector," Working Papers (Old Series) 8812, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:fedcwp:8812
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