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Transit assistance allocation: Further research findings
Abstract Earlier work by the author published in this journal on the allocation of transit operating assistance at the state level in the U.S. is extended. As before, available resources are first distributed to three categories of transit systems: large urban, small urban and rural. The intra-category allocation now considers ridership and revenue miles using a multiplicative (Cobb-Douglas) function, rather than an additive relationship. The result is that systems which score high on one measure but low on the other receive less funds than systems with output more in line with specified weights for the measures. A comparative application of the two versions to data on small urban systems within the State of Iowa illustrates the advantage of the multiplicative model.
Transit assistance allocation: Further research findings
Abstract Earlier work by the author published in this journal on the allocation of transit operating assistance at the state level in the U.S. is extended. As before, available resources are first distributed to three categories of transit systems: large urban, small urban and rural. The intra-category allocation now considers ridership and revenue miles using a multiplicative (Cobb-Douglas) function, rather than an additive relationship. The result is that systems which score high on one measure but low on the other receive less funds than systems with output more in line with specified weights for the measures. A comparative application of the two versions to data on small urban systems within the State of Iowa illustrates the advantage of the multiplicative model.
Transit assistance allocation: Further research findings
Forkenbrock, David J. (author)
Transportation Research Part A: General ; 15 ; 363-365
1980-10-09
3 pages
Article (Journal)
Electronic Resource
English
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