Regulation of Taxi Markets in Developing Countries : Issues and Options

Taxis perform an important function in urban transport markets in both developed and developing countries. Because of the perceived vulnerability of passengers to exploitation by operators, entry to the market and fares have been tightly regulated in many industrialized countries. This has typically produced high premium values for licenses, implying some monopoly profit for operators at the expense of users. Curiously, however, total deregulation has often increased fares. This note considers the reasons for increased fares despite deregulation, the regulatory options available, and the relevant considerations in applying this experience to developing countries.

Bibliographic Details

Main Author:	Gwilliam, Kenneth M.
Language:	English
Published:	World Bank, Washington, DC 2005-02
Subjects:	AIR POLLUTION, AUTOMOBILES, BUS SERVICE, BUS SERVICES, BUSES, CONGESTION, CONGESTION COSTS, COSTS, DEREGULATION, DRIVERS, DRIVING, DRIVING BEHAVIOR, DRIVING EXPERIENCE, ENGINE, FARE CONTROL, FARE INCREASES, FARE REGULATION, FARE REGULATIONS, FARE SYSTEMS, FARES, FLAT FARES, FLEET OF VEHICLES, FUEL, HEAVY TRAFFIC, INCOME, INSURANCE, JOURNEY, LICENSES, LOW-INCOME PEOPLE, LOWER INCOME GROUPS, MARKET CONDITIONS, MARKET ENTRY, MARKET FAILURE, MARKET FAILURES, MIDDLE EAST, MINIBUS, MINIBUS SERVICES, MODE OF TRANSPORT, MUNICIPALITIES, OWNER-OPERATORS, PASSENGER, PASSENGER CARS, PASSENGERS, PEAK HOURS, POLICE, PRICE COMPETITION, PRICE CONTROL, PRIVATE AUTOMOBILES, PROVISIONS, PUBLIC, PUBLIC ECONOMICS, PUBLIC TRANSPORT, PUBLIC TRANSPORT OPERATORS, PUBLIC TRANSPORT SERVICES, PUBLIC TRANSPORT VEHICLES, PUBLIC TRANSPORTATION, RADIO, ROAD INFRASTRUCTURE, ROUTES, SAFE DRIVING, SAFETY, SAFETY REGULATIONS, SPEED, STREETS, SUPPLIERS, SUPPLY INCREASES, TAXI, TAXI INDUSTRY, TAXI OPERATIONS, TAXI SECTOR, TAXI SERVICE, TAXICABS, TAXIS, TELECOMMUNICATIONS, THIN MARKETS, TOWN CENTERS, TRAFFIC, TRAFFIC CONGESTION, TRAFFIC FLOWS, TRAFFIC MANAGEMENT, TRAFFIC VOLUME, TRANSPORT, TRANSPORT ECONOMICS, TRANSPORT INFRASTRUCTURE, TRANSPORTATION, TRIPS, URBAN INFRASTRUCTURE, URBAN TRAFFIC, URBAN TRANSPORT, VEHICLE IDENTIFICATION, VEHICLE OWNERSHIP, VEHICLE SAFETY, VEHICLE STOCK, VEHICLES,
Online Access:	http://documents.worldbank.org/curated/en/2005/02/6370380/regulation-taxi-markets-developing-countries-issues-options https://hdl.handle.net/10986/11780
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