- Title
- An economic framework for deciding whether to discontinue the East London municipal bus service
- Title
- Development Studies Working Paper, no. 27
- Creator
- Wallis, Joe
- Subject
- Buses -- South Africa -- East London Urban transportation -- South Africa -- East London East London municipal bus service
- Date
- 1986
- Type
- Book
- Type
- Text
- Identifier
- http://hdl.handle.net/10962/1959
- Identifier
- vital:20242
- Identifier
- ISBN 0868101427
- Description
- In a time of general economic stringency, it may seem opportune for local authorities to reassess their functions and to curtail those services which are failing to generate a satisfactory social return. In particular, the East London municipality should carefully consider whether it should continue a trading activity such as its bus service which has persistently failed to make a profit. The first part of this report will attempt to assess the losses incurred by the East London Municipal Bus Service (ELMBS) within the context of a general failure of municipal bus companies throughout the country to cover their costs due to various social obligations and the long term trends in White patronage. A theoretical framework for analysing the costs and benefits of continuing a loss-making service will also be discussed. The second part of the report will analyse the determinants of the cost and demand for bus services to provide a basis for recommending measures which may improve the financial performance of ELMBS.
- Description
- Digitised by Rhodes University Library on behalf of the Institute of Social and Economic Research (ISER)
- Format
- 37 pages, pdf
- Publisher
- Rhodes University, Institute of Social and Economic Research
- Language
- English
- Relation
- Development Studies Working Paper, no. 27
- Rights
- Rhodes University
- Rights
- http://creativecommons.org/licenses/by-nc-sa/4.0/
- Hits: 1400
- Visitors: 1449
- Downloads: 82
Thumbnail | File | Description | Size | Format | |||
---|---|---|---|---|---|---|---|
View Details | SOURCE1 | 12 MB | Adobe Acrobat PDF | View Details |