| Title | The Appropriate Measures of Productivity and Output for the Evaluation of Transit Demonstration Projects |
|---|---|
| Record ID | 50576 |
| Personal Name Creator |
Studenmund, A. H. |
| Source | 19p. in various pagings |
| Corporate Creator | Systan Inc. |
| Corporate Contributor |
John A. Volpe National Transportation Systems Center (U.S.); United States. Department of Transportation. Urban Mass Transportation Administration. Office of Service and Methods Demonstration; United States. Department of Transportation. Urban Mass Transportation Administration. Office of Planning, Management, and Demonstrations; U.S. Department of Transportation. Research and Special Programs Administration. Transportation Systems Center |
| Publisher | United States. Department of Transportation. Urban Mass Transportation Administration |
| Publication Date | 19820301 |
| Language | English |
| Abstract | Output and productivity, two economic concepts that have important applications in the evaluation of transportation demonstrations, are discussed in this paper. The focus of these discussions is on how the terms' typical definitions in transportation analysis differ from their accepted usages in the economic profession. This document is divided into three sections. Section 1 briefly outlines the pure economic theory of productivity, production, and market equilibrium. Section 2 explains why this model and its definitions must be modified for use in analyzing changes in urban transportation systems. The final section suggests an approach that might clarify present ambiguities in communication between the transportation industry and those outside observers (economists, politicians, union leaders, voters, etc.) with whom the industry must deal in order to obtain subsidies or carry out innovations. The major component of this suggested approach is that the measures of productivity and output presently being used by the transportation industry need to be modified for use in the evaluation of transit demonstration projects. |
| Rosap ID | dot:11953 |
| Rosap URL | https://rosap.ntl.bts.gov/view/dot/11953 |
| TRT Terms | Analysis; Demonstration projects; Economic analysis; Production; Productivity; Public transit; Subsidies; Transportation; Economics |
| Classification | NTL - ECONOMICS AND FINANCE - ECONOMICS AND FINANCE; NTL - ECONOMICS AND FINANCE - Economic Impacts; NTL - PLANNING AND POLICY - Transit Planning and Policy; NTL - PUBLIC TRANSPORTATION - PUBLIC TRANSPORTATION; NTL - PUBLIC TRANSPORTATION - Transit Economics and Finances; NTL - PUBLIC TRANSPORTATION - Transit Planning and Policy |
| Geographical Coverage |
United States |
| TRIS Online Accession No |
00365344 |
| Contract Number | DOT-TSC-1416 |
| Report Number | UMTA-MA-06-0049-81-9; DOT-TSC-UMTA-82-6 |
| Resource type | Tech Report |
| URL | https://ntlrepository.blob.core.windows.net/lib/50000/50500/50576/DOT-TSC-UMTA-82-06.pdf |
| Format | |
| Database | NTL Digital Repository |