Boosting Mass Transit through Entrepreneurship : Going beyond Subsidies to Reduce the Public Transport Funding Gap
Most of the world’s urban mass transit systems cannot cover operating costs, let alone capital expenses, through farebox revenues. On average, 25 percent of metro operating expenditures are not funded by farebox income. With limited public subsidie...
| Main Authors: | , |
|---|---|
| Format: | Brief |
| Language: | English en_US |
| Published: |
World Bank Group, Washington, DC
2015
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/07/24441417/boosting-mass-transit-through-entrepreneurship-going-beyond-subsidies-reduce-public-transport-funding-gap http://hdl.handle.net/10986/22307 |
| id |
okr-10986-22307 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-223072021-04-23T14:04:08Z Boosting Mass Transit through Entrepreneurship : Going beyond Subsidies to Reduce the Public Transport Funding Gap Pulido, Daniel Portabales, Irene URBAN TRANSPORT TARIFFS PUBLIC SUBSIDIES USERS PHONE TECHNOLOGY INITIATIVES PDF URBAN RAIL SYSTEMS BUSINESS OPPORTUNITIES TRANSIT TRANSIT STATIONS TRANSPORT FUNDING PASSENGERS TRANSIT AGENCIES INCOME METRO SYSTEMS MOBILE PHONE RAIL SYSTEM VIDEO SYSTEMS FARES INFORMATION RAIL SYSTEMS REVENUES MASS TRANSIT JOURNEY PUBLIC TRANSPORT PROPERTY CONSULTANTS BUSINESS MODELS PRIVATE SECTOR PROJECTS SYSTEM TAX CITIES URBAN MASS TRANSIT FARE REVENUES COMMERCIAL ACTIVITY UNDERGROUND ROAD USER TUNNEL TRANSIT AGENCY INSTITUTIONS ICT ADVERTISING LAND ROAD COMMERCIAL ACTIVITIES COSTS BUSINESS NETWORK TRANSPORT SYSTEMS TRANSIT OPERATIONS TRANSPORT TUNNELS RAIL TRANSIT AUTHORITY BUSINESS PLANS MASS TRANSIT SYSTEMS RAIL LINE RAIL OPERATORS REVENUE PROFIT TECHNOLOGY LICENSING COMMUNICATION FARE REVENUE BUSINESS MODEL TRANSIT SYSTEMS COMMUNICATION TECHNOLOGY METRO SYSTEM URBAN RAIL COMMUTER RAIL LAND VALUE INFRASTRUCTURES SUBSIDIES USER TRANSIT SYSTEM INFRASTRUCTURE TAXES Most of the world’s urban mass transit systems cannot cover operating costs, let alone capital expenses, through farebox revenues. On average, 25 percent of metro operating expenditures are not funded by farebox income. With limited public subsidies, as well as obstacles to raising fares and political sensitivities to road user taxes, metro systems have been increasingly pursuing income from commercial activities connected with their operations. Metro systems earn commercial income, such as from advertising, naming rights, and especially real estate activities, are making inroads in their operating deficits. Commercial revenue in some systems is nearing 20 percent of fare revenue. Although reforms of transit financing structures remain high on the policy agenda, a review of ancillary income streams of metro systems around the world shows that a more entrepreneurial approach to tapping their commercial potential can help them narrow their funding gap. 2015-07-28T17:51:16Z 2015-07-28T17:51:16Z 2015-02 Brief http://documents.worldbank.org/curated/en/2015/07/24441417/boosting-mass-transit-through-entrepreneurship-going-beyond-subsidies-reduce-public-transport-funding-gap http://hdl.handle.net/10986/22307 English en_US Transport and ICT connections,no. 6; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Group, Washington, DC Publications & Research Publications & Research :: Brief |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
URBAN TRANSPORT TARIFFS PUBLIC SUBSIDIES USERS PHONE TECHNOLOGY INITIATIVES URBAN RAIL SYSTEMS BUSINESS OPPORTUNITIES TRANSIT TRANSIT STATIONS TRANSPORT FUNDING PASSENGERS TRANSIT AGENCIES INCOME METRO SYSTEMS MOBILE PHONE RAIL SYSTEM VIDEO SYSTEMS FARES INFORMATION RAIL SYSTEMS REVENUES MASS TRANSIT JOURNEY PUBLIC TRANSPORT PROPERTY CONSULTANTS BUSINESS MODELS PRIVATE SECTOR PROJECTS SYSTEM TAX CITIES URBAN MASS TRANSIT FARE REVENUES COMMERCIAL ACTIVITY UNDERGROUND ROAD USER TUNNEL TRANSIT AGENCY INSTITUTIONS ICT ADVERTISING LAND ROAD COMMERCIAL ACTIVITIES COSTS BUSINESS NETWORK TRANSPORT SYSTEMS TRANSIT OPERATIONS TRANSPORT TUNNELS RAIL TRANSIT AUTHORITY BUSINESS PLANS MASS TRANSIT SYSTEMS RAIL LINE RAIL OPERATORS REVENUE PROFIT TECHNOLOGY LICENSING COMMUNICATION FARE REVENUE BUSINESS MODEL TRANSIT SYSTEMS COMMUNICATION TECHNOLOGY METRO SYSTEM URBAN RAIL COMMUTER RAIL LAND VALUE INFRASTRUCTURES SUBSIDIES USER TRANSIT SYSTEM INFRASTRUCTURE TAXES |
| spellingShingle |
URBAN TRANSPORT TARIFFS PUBLIC SUBSIDIES USERS PHONE TECHNOLOGY INITIATIVES URBAN RAIL SYSTEMS BUSINESS OPPORTUNITIES TRANSIT TRANSIT STATIONS TRANSPORT FUNDING PASSENGERS TRANSIT AGENCIES INCOME METRO SYSTEMS MOBILE PHONE RAIL SYSTEM VIDEO SYSTEMS FARES INFORMATION RAIL SYSTEMS REVENUES MASS TRANSIT JOURNEY PUBLIC TRANSPORT PROPERTY CONSULTANTS BUSINESS MODELS PRIVATE SECTOR PROJECTS SYSTEM TAX CITIES URBAN MASS TRANSIT FARE REVENUES COMMERCIAL ACTIVITY UNDERGROUND ROAD USER TUNNEL TRANSIT AGENCY INSTITUTIONS ICT ADVERTISING LAND ROAD COMMERCIAL ACTIVITIES COSTS BUSINESS NETWORK TRANSPORT SYSTEMS TRANSIT OPERATIONS TRANSPORT TUNNELS RAIL TRANSIT AUTHORITY BUSINESS PLANS MASS TRANSIT SYSTEMS RAIL LINE RAIL OPERATORS REVENUE PROFIT TECHNOLOGY LICENSING COMMUNICATION FARE REVENUE BUSINESS MODEL TRANSIT SYSTEMS COMMUNICATION TECHNOLOGY METRO SYSTEM URBAN RAIL COMMUTER RAIL LAND VALUE INFRASTRUCTURES SUBSIDIES USER TRANSIT SYSTEM INFRASTRUCTURE TAXES Pulido, Daniel Portabales, Irene Boosting Mass Transit through Entrepreneurship : Going beyond Subsidies to Reduce the Public Transport Funding Gap |
| relation |
Transport and ICT connections,no. 6; |
| description |
Most of the world’s urban mass transit
systems cannot cover operating costs, let alone capital
expenses, through farebox revenues. On average, 25 percent
of metro operating expenditures are not funded by farebox
income. With limited public subsidies, as well as obstacles
to raising fares and political sensitivities to road user
taxes, metro systems have been increasingly pursuing income
from commercial activities connected with their operations.
Metro systems earn commercial income, such as from
advertising, naming rights, and especially real estate
activities, are making inroads in their operating deficits.
Commercial revenue in some systems is nearing 20 percent of
fare revenue. Although reforms of transit financing
structures remain high on the policy agenda, a review of
ancillary income streams of metro systems around the world
shows that a more entrepreneurial approach to tapping their
commercial potential can help them narrow their funding gap. |
| format |
Brief |
| author |
Pulido, Daniel Portabales, Irene |
| author_facet |
Pulido, Daniel Portabales, Irene |
| author_sort |
Pulido, Daniel |
| title |
Boosting Mass Transit through Entrepreneurship : Going beyond Subsidies to Reduce the Public Transport Funding Gap |
| title_short |
Boosting Mass Transit through Entrepreneurship : Going beyond Subsidies to Reduce the Public Transport Funding Gap |
| title_full |
Boosting Mass Transit through Entrepreneurship : Going beyond Subsidies to Reduce the Public Transport Funding Gap |
| title_fullStr |
Boosting Mass Transit through Entrepreneurship : Going beyond Subsidies to Reduce the Public Transport Funding Gap |
| title_full_unstemmed |
Boosting Mass Transit through Entrepreneurship : Going beyond Subsidies to Reduce the Public Transport Funding Gap |
| title_sort |
boosting mass transit through entrepreneurship : going beyond subsidies to reduce the public transport funding gap |
| publisher |
World Bank Group, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/07/24441417/boosting-mass-transit-through-entrepreneurship-going-beyond-subsidies-reduce-public-transport-funding-gap http://hdl.handle.net/10986/22307 |
| _version_ |
1764450724409769984 |