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PASSENGER TRANSPORT. THE NEW FRAMEWORK. PAPERS PRESENTED AT A CONFERENCE HELD IN APRIL 1993. CHAPTER 5. PUBLIC SECTOR FUNDING

B Tyson

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Abstract

The swing away from the public sector monopoly of passenger transport towards private sector involvement is charted. The reasons for the continuing need for public sector investment in transport are examined. However due to constraints on public sector finance, the public sector cannot bear the cost of necessary improvements. of increasing the role of public sector funding are considered and suggestions made for levying taxes where charges are justified but difficult to administer. Road pricing will adjust the balance between public and private transport as well as raise funds. The imposition of a transport tax on new developments would help provide the infrastructeure required by the beneficiaries. The example of Salford Quays, 10 minutes from Central Manchester is described. For the covering abstract see IRRD 857765.

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What this paper is about

The swing away from the public sector monopoly of passenger transport towards private sector involvement is charted. The reasons for the continuing need for public sector investment in transport are examined. However due to constraints on public sector finance, the public sector cannot bear the cost of necessary improvements. of increasing the role of public sector funding are considered and suggestions made for levying taxes where charges are justified but difficult to administer. Road pricing will adjust the balance between public and private transport as well as raise funds. The imposition of a transport tax on new developments would help provide the infrastructeure required by the beneficiaries. The example of Salford Quays, 10 minutes from Central Manchester is described. For the covering abstract see IRRD 857765.

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Available abstract

The swing away from the public sector monopoly of passenger transport towards private sector involvement is charted. The reasons for the continuing need for public sector investment in transport are examined. However due to constraints on public sector finance, the public sector cannot bear the cost of necessary improvements. of increasing the role of public sector funding are considered and suggestions made for levying taxes where charges are justified but difficult to administer. Road pricing will adjust the balance between public and private transport as well as raise funds. The imposition of a transport tax on new developments would help provide the infrastructeure required by the beneficiaries. The example of Salford Quays, 10 minutes from Central Manchester is described. For the covering abstract see IRRD 857765.

Key concepts: Public sector, Monopoly, Public transport, Private sector, Investment (military), Business, Balance (ability), Economics

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PASSENGER TRANSPORT. THE NEW FRAMEWORK. PAPERS PRESENTED AT A CONFERENCE HELD IN APRIL 1993. CHAPTER 5. PUBLIC SECTOR FUNDING — Research Paper | ScholarLens