Examining regulatory reform for bus operations in Latin America
Dublin Core
Fecha
Tipo
Zotero
Tipo de elemento
Journal Article
DOI
10.1080/02723638.2014.995924
ISSN
0272-3638
Abstract Note
Governments in Latin American cities are pursuing regulatory reforms to address the negative externalities of informal public transportation service providers. This is achieved by regulatory actions that work to consolidate many small operators competing “in the market” into fewer larger companies competing “for the market.” This reform addresses problems in the previous phase of the regulatory cycle, but requires a larger role for public authorities. The cities of Bogotá, Santiago and Mexico City took different approaches and have achieved different levels of formalization. Under these cities’ new regulatory regimes, bus companies have consolidated and public authorities now rely on renegotiation of contracts instead of open rebidding. However, industry formalization increases costs, requiring public subsidy or higher fares, and puts financial pressure on the public sector. These results imply a continued instability in the regulatory cycle; without increased public sector capacity, it is possible that large, entrenched operators and increasing costs will create a new market opening for informal service.
Access Date
2015-12-29 00:43:13
Fecha
April 3, 2015
Issue
3
Library Catalog
Taylor and Francis+NEJM
Páginas
424-438
Publication Title
Urban Geography
Título
Examining regulatory reform for bus operations in Latin America
URL
http://dx.doi.org/10.1080/02723638.2014.995924
Volume
36
Attachment Title
Snapshot
Attachment URL
[No URL]
Archivos
Colección
Citación
Laurel Paget-Seekins, Onesimo Flores Dewey, y Juan Carlos Muñoz, “Examining regulatory reform for bus operations in Latin America,” Omeka para Cedeus, consulta 24 de septiembre de 2023, http://pubs.cedeus.cl/omeka/document/54.
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