The Limits to Competition in Urban Bus Services in Developing Countries

The authors make the case for the return of regulation in the organization of urban bus services in developing countries. During the past three decades urban public transport policy has gone through several phases. The 1980s and 1990s were characterized by liberalization of the sector from public ownership and monopoly provision. The experience of several countries, in particular Chile, indicates that a full liberalization of the sector may not be the welfare-maximizing option. The authors discuss the market failures that justify this claim and present the regulatory options available in this emerging new role of government. Throughout the paper they illustrate ideas with examples from Chile, Colombia, and a few other countries.

Bibliographic Details

Main Authors:	Estache, Antonio, Gómez-Lobo, Andrés
Format:	Policy Research Working Paper biblioteca
Language:	English en_US
Published:	World Bank, Washington, D.C. 2004-02
Subjects:	BUSES, PUBLIC TRANSPORT, PUBLIC OWNERSHIP, MONOPOLIES, WELFARE, REGULATION, TRANSPORT ACCELERATION, ACCIDENTS, ACCOUNTABILITY, ADMINISTRATIVE COSTS, AIR POLLUTION, AVERAGE AGE, AVERAGE AGE OF BUSES, BUS COMPANIES, BUS FARES, BUS INDUSTRY, BUS LANES, BUS MARKET, BUS OWNERS, BUS ROUTE, BUS ROUTES, BUS SECTOR, BUS SERVICES, BUS STOP, BUS STOPS, BUS SYSTEM, BUS TRANSPORT, BUS TYPES, CARS, COMMON PROPERTY, CONCESSIONS, CONGESTION, CONGESTION EXTERNALITIES, CURBS, DEREGULATION, DEVELOPED COUNTRIES, DIESEL FUEL, DRIVERS, ECONOMIES OF SCOPE, EFFICIENCY OF TRANSPORT, EMISSION STANDARDS, ENVIRONMENTAL COSTS, ENVIRONMENTAL PROBLEMS, EQUILIBRIUM, EXCLUSIVE RIGHTS, EXPLOITATION, FARE LEVELS, FARE REGULATION, FATALITIES, FIXED COSTS, FUEL PRICES, GENERATORS, GOVERNMENT INTERVENTION, HEADWAY, INCOME, LARGE CITIES, LARGE FLEET, LARGE NUMBER OF OPERATORS, MAIN ROADS, MARKET ECONOMIES, MARKET POWER, METRO SYSTEM, MODAL INTEGRATION, MODAL SPLIT, MODE OF TRANSPORT, NATURAL MONOPOLIES, OIL, OPERATING COSTS, PASSENGER, PASSENGERS, PEAK HOURS, POLICY MAKERS, PRIVATE AUTOMOBILE, PRIVATE OPERATORS, PRIVATIZATION, PUBLIC TRANSPORT POLICY, PUBLIC TRANSPORT SERVICE, PUBLIC TRANSPORT SERVICES, PUBLIC TRANSPORT SYSTEM, RATE OF RETURN, REVENUE SHARING, ROUTE DESIGN, SAFETY, SAFETY CONCERNS, SAFETY PROBLEMS, SOCIAL COSTS, STATE INTERVENTION, STREETS, STRUCTURES, TAXI, TECHNOLOGICAL CHANGE, TRAFFIC, TRAFFIC CONTROL, TRAFFIC MONITORING, TRAFFIC SAFETY, TRANSACTION COSTS, TRANSPORT SECTOR, TRANSPORT SYSTEM, TRAVEL TIMES, TRIPS, URBAN BUS, URBAN BUS TRANSPORT, URBAN PLANNING, URBAN PUBLIC TRANSPORT, URBAN TRANSPORT, URBAN TRANSPORT POLICIES, URBAN TRANSPORT SECTOR, VALUE OF TIME, VEHICLES, WAITING TIME, WELFARE FUNCTION, WORKING CAPITAL,
Online Access:	http://documents.worldbank.org/curated/en/2004/02/3209477/limits-competition-urban-bus-services-developing-countries http://hdl.handle.net/10986/14787
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