000			01452naa a2200181uu 4500
001			8405
003			OSt
005			20190211154445.0
008			021119s2005 xx ||||gr |0|| 0 eng d
100	1		_aSCHMIDT, Stephen _99655
245	1	0	_aIncentive effects of expanding federal mass transit formula grants
260			_c2001
520	3		_aPublic subsidies to industries give firms incentives to alter their behavior. When calculating the effects of such programs, previous assessments of transit subsidies have not included the effects of these incentives on the firms` output. This article reports the responses of mass transit firms to the federal transit subsidy program and changes the Transportation Equity Act for the 21st century (TEA 21) made to that program, as predicted by a structural model of output choice. TEA 21 increases bus service in medium-sized cities by 6-8 percent, but increases service in large cities by only 1-2 percent. The formula`s incentive tier is weak, and the size of the subsidy depends little on whether that ouput results in increased ridership. The formula could be redesigned to provide stronger incentives to lower cost and increase ridership, thus encouraging a more efficient response from transit firms
773	0	8	_tJournal of Policy Analysis and Management _g20, 2, p. 239-261 _d, 2001 _w
942			_cS
998			_a20021119 _bCassio _cCassio
998			_a20060614 _b1403^b _cQuiteria
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c8551 _d8551
041			_aeng