search query: @indexterm POLITICAL ECONOMY / total: 438
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| Author: | Brueckner, J.K. Selod, H. |
| Title: | The political economy of urban transport-system choice |
| Journal: | Journal of Public Economics
2006 : AUG, VOL. 90:6-7, p. 983-1005 |
| Index terms: | political economy transport economics |
| Language: | eng |
| Abstract: | This article examines the process of choosing a transport-system under a political economy with a trade-off between time and money cost. The author compares the socially optimal transport system to the one chosen under the voting process, focusing on both homogeneous and heterogeneous cities, while considering different land ownership arrangements. The results indicate a bias towards underinvestment in transport quality in heterogeneous cities. |
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