The net incidence of transit subsidies: a case study |
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Authors: | Wayne K Talley Richard P Pinckney |
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Institution: | 1. Associate Professor of Economics , Old Dominion University , Norfolk, Virginia, 23508;2. Associate Professor of Business Administration , Lander College , Greenwood, S.C., 29646 |
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Abstract: | The purpose of this paper is to investigate the net incidence of government subsidies to a transit system (i.e., the net impact of who pays and who benefits from transit subsidies). Rather than considering the U.S. transit subsidy program in the aggregate, the net incidence of subsidies to a particular transit system — Tidewater Regional Transit (TRT) — is analyzed. The paper concludes that the net incidence of the TRT subsidy program is progressive. Furthermore, the paper provides a methodology that can be used for investigating the net incidence of government subsidies to other transit systems. |
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Keywords: | Data imputation pattern matching missing values traffic counts ARIMA |
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