An economic framework for deciding whether to discontinue the East London municipal bus service

Wallis, Joe

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 Issued: 1986
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
Format: 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/

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