An Economic Re-Evaluation of the Proposed Los Angeles Rapid Transit System.

by Alan Carlin, Martin Wohl

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback19 pages $20.00 $16.00 20% Web Discount

Examination of the economic justification for a rail transit system for Los Angeles as presented in the [Final Report] of the Southern California Rapid Transit District. The system, covering 90 route-miles, would be financed by a sales tax of one-half of one percent over the next 50 years. The authors conclude that the project is economically unjustified, as costs will exceed benefits. Through economically unsound conception and procedure, the [Final] [Report] overestimates the number of users on which economic calculations are based; overstates annual benefits by $80 million; and claims excessive "community benefits." Recomputation to adjust the foregoing errors reveals that annual costs would exceed benefits by $15 million in 1980. The rail transit proposal should be reviewed in comparison with other possible transportation improvements, such as express bus service along special roads to provide direct-connection feeder service; additional cross-town freeways; and substitution of "free-entry" taxi service for the present franchise type. 19 pp.

This report is part of the RAND Corporation paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.