Discussion on Characteristics and Price Regulation of Urban Rail Transit
Urban rail transit all around the world is generally under strict price regulation imposed by concerning urban government authorities. Such regulation as price-caps, comprehensive cost recovery, standard cost comparison and etc. are popular with cities as Beijing and Seoul. Experiences of Tokyo and Shanghai show that its imperative to regulate urban rail transit price according to a comprehensive model. Urban rail transit has such characteristics as network economy, public goods, and marketability, which determine and imply the importance of fiscal subsidy and operational cost. Price regulation should comprehensively take subsidy, electricity, CPI, PPI and transportation volume into consideration. In fact, urban rail transit price regulation should not only compensate operational cost, but also introduce market incentive.
Urban Rail Transit Characteristics Price Regulation
YANG Liu ZHENG Xiang
School of Economics and Management,Beijing Jiaotong University,Beijing,P.R.China,100044
国际会议
2009 International Conference on Management Science and Engineering(2009管理科学与工程国际会议)
北京
英文
9-16
2009-11-01(万方平台首次上网日期,不代表论文的发表时间)