This paper analyses the redistributive effects generated by the subsidization of urban public transport services. We estimate a two-stage model that takes into account both car ownership decisions and expenditure in urban public transport. In this way, we are able to measure the long run effects...

One of the most popular options for promoting public transport use is the provision of an integrated and high‐quality public transport system. This was the strategy adopted by the regional government in Madrid, Spain, in 1986, and since then public transport patronage has increased by more...

This paper reviews the incentive structure of concession contracts in several Latin American transit reforms. It also presents a conceptual analysis of the optimal design of concession contracts. The conceptual discussion and case studies reviewed indicate that payment to operators should be...

<italic>This paper provides a unifying framework to analyze whether a monopoly transit provider will under or over-supply frequency. To this end we couch the problem in term of Spence [(1975). Monopoly, quality and regulation.</italic> The Bell Journal of Economics, 6, <italic>417-429] who analyzed the incentives to...</italic>