| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19964 |
| 来源ID | Working Paper 19964 |
| Public Transit Bus Procurement: The Role of Energy Prices, Regulation and Federal Subsidies | |
| Shanjun Li; Matthew E. Kahn; Jerry Nickelsburg | |
| 发表日期 | 2014-03-06 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | The U.S. public transit system represents a multi-billion dollar industry that provides essential transit services to millions of urban residents. We study the market for new transit buses that features a set of non-profit transit agencies purchasing buses primarily from a few domestic bus makers. Unlike private vehicles, the fuel economy of public buses is irresponsive to fuel price changes. To understand this finding, we build a model of bus fleet management decisions of local transit agencies that yields testable hypotheses. Our empirical analysis of bus fleet turnover and capital investment suggests that transit agencies: (1) do not respond to energy prices in either their scrappage or purchase decisions; (2) respond to environmental regulations by scrapping diesel buses earlier and switch to natural gas buses; (3) prefer purchasing buses from manufacturers whose assembly plants are located in the same state; (4) exhibit significant brand loyalty or lock-in effects; (5) favor domestically produced buses when they have access to more federal funding. |
| 主题 | Regional and Urban Economics |
| URL | https://www.nber.org/papers/w19964 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577638 |
| 推荐引用方式 GB/T 7714 | Shanjun Li,Matthew E. Kahn,Jerry Nickelsburg. Public Transit Bus Procurement: The Role of Energy Prices, Regulation and Federal Subsidies. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
