Limitation of Competition in and for the Public Transportation Market in Developing Countries Lessons from Latin American Cities
This paper analyzes the limitations of providing public transit service because of competition in the market. Evidence from seven cities in Latin America is used to show how this service arrangement leads to inflated fares, oversupply of buses, and low-quality service. The paper then analyzes the so...
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| Format: | Journal Article |
| Language: | EN |
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2012
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| Online Access: | http://hdl.handle.net/10986/5169 |