Capital subsidies and the infrastructure crisis: evidence from the local mass-transit industry

The author examines and summarizes empirical evidence from two recent studies of the mass-transit industry that suggest federal capital subsidies have important effects on infrastructure decisions of state and local governments.

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Year of publication:	1989
Authors:	Cromwell, Brian A.
Published in:	Economic Review. - Federal Reserve Bank of Cleveland. - 1989, Q II, v. 25, no. 2, p. 11-21
Publisher:	Federal Reserve Bank of Cleveland
Subject:	Infrastructure (Economics) \| Local transit

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005360723