MPC Research Reports
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The growing uncertainty about oil prices and availability has made long-range transportation planning more challenging. Rather than relying on trend extrapolation, this study uses market mechanisms to evaluate key long-range transportation planning assumptions. Although the Washington Department of Transportation...
This study analyzes economies of scale and density as a rationale for subsidizing transit agencies in small urban areas. A long-run cost model is estimated using data from 2006 to 2009 for 168 transit agencies that directly operated fixed-route bus service in small urban areas. Using vehicle revenue...