SAGE Reference - Encyclopedia of Transportation: Social Science and Policy

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Transit Industry, Economics of

In: Encyclopedia of Transportation: Social Science and Policy
Edited by: Mark Garrett
Subject:Public Policy (general), Transport Planning
Keywords:economics; maintenance; operating costs; transport industry

Revenues collected from the fare box are never enough to cover the operating costs of a transit agency's services. The percentage of operating costs that is covered by fare revenues is commonly known as the “farebox recovery ratio.” This ratio can ...

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  Garrett, M. (2014). Transit industry, economics of. In Encyclopedia of transportation: Social science and policy (Vol. 1, pp. 1450-1452). SAGE Publications, Inc., https://dx.doi.org/10.4135/9781483346526.n505
  
  Garrett, Mark. "Transit Industry, Economics of." In Encyclopedia of Transportation: Social Science and Policy, edited by Garrett, Mark, 1450-52. Thousand Oaks, CA: SAGE Publications, Inc., 2014. https://dx.doi.org/10.4135/9781483346526.n505.
  
  Garrett, M. 2014. Transit Industry, Economics of. In: Mark Garrett Editor, 2014. Encyclopedia of Transportation: Social Science and Policy, Thousand Oaks, CA: SAGE Publications, Inc. pp. 1450-1452 Available at: <https://dx.doi.org/10.4135/9781483346526.n505> [Accessed 18 May 2022].
  
  Garrett, Mark. "Transit Industry, Economics of." Encyclopedia of Transportation: Social Science and Policy. Edited by Vol. 1. Thousand Oaks: SAGE Publications, Inc., 2014, pp. 1450-52. SAGE Knowledge. 18 May 2022, doi: https://dx.doi.org/10.4135/9781483346526.n505.
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