On the Move --: A Market for Moblity on the Roads
This Hobart Paper addresses one of the great economic and social problems of our time: the suboptimal allocation of resources that has arisen from the incompatible financial, fiscal and regulatory regimes for the various modes of inland transport. In order to simplify the argument, it concentrates on the movement of people, whose demand for access to satisfactions gives rise to the derived demand for mobility with with the paper is concerned. The argument rests on the assumption that such satisfactions can only be assessed subjectively and that there is no planning technique which will ensure the provision of the required mobility at a quality and price that will clear the market. Having reviewed the various 'means to mobility', the paper concludes that measures to harmonise their investment, taxation and regulatory regimes so as to create an integrated market form the basis for the only 'national transport policy' that can have either meaning or success.
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foreword Colin Robinson
an Overview of Methods
KGB or Priority for the Bus 3637
3 other sections not shown
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Adam Smith Institute areas British Rail Bus and Coach Bus Deregulation bus industry bus operators bus services buses busway car ownership cent co-ordination commercial congestion consequence contestable market cost demand drivers Economic Affairs effect express coach services fares firms fiscal form of transport Greater Manchester hackney carriages hire cars HMSO Hobart Paper increased innovation Institute of Economic investment issue licensing system Light Rapid Transit market for mobility market process metropolitan counties modes of transport motor National Bus Company passenger transport ply for hire political price control private car privatisation problem Prof Professor PTCs public transport quality control railways regulation regulatory reform revenue Ridley reforms road pricing road space road-use pricing route Scottish Bus Group sector socially necessary Statistics Great Britain subsidy taxation taxis and hire tendering traffic Transport Act 1985 transport policy Transport Statistics travelcard trolleybus urban vehicles