Analysis Of The Interactive Mechanism Between Mass Transits Compensation And Public Objectives Improving

In order to implement the policy of "Public Transport Priority", local government must take measures of Mass Transits Compensation to ensure social and economic objectives being fulfilled simultaneously. According to this goal, we put forward the study of interactive mechanism between mass transits compensation and public objectives improving.This paper attempts to analyze the implementation and interconnected relation between the dual objectives of urban public transport in achieving social and economic efficiency from both the macro and micro aspects. Further more, we will demonstrate the necessity, probability and operability of "Public Transport Priority" principle by combining theory and experiment.In this paper, we focus on the interactive mechanism, whose main theoretical foundations include: sustainable economic and social development theory; externality theory of public economics; secondary allocation theory of public finance. The paper discusses the problem of optimal urban public transportation fare and estimates the willingness to pay for the public transportation by the method of Contigent Value Method. We analyze the actual variation of urban transportation demands in Beijing and establish the optimal efficiency estimation system of urban public transportation.By the theoretical studies, we improve the definition of applicable public goods, urban public transportation and its externality contribution feature. Based on the empirical research on the interactive mechanism model, we established the mathematical model of quantifiable public transportation externality. We take the urban transportation as a sample to calculate the result of public transportation economic compensation. The achievements have greatly strengthened the possibility of public transportation economic compensation by government.The main process of the study goes as follows:Firstly, the quasi-public goods theory and externality theory form our main theoretical basis. The supporting theoretical systems are constructed by estimating the formation mechanism of public transport fares, residents'willingness to pay, the quantity of public transit demand, and establishing mass transit evaluation criteria.Secondly, on the base of empirical investigation into Beijing subway passengers and related survey data, we used TransCAD to forming the basic data, analyzing methods and basic conclusions to support further study on the interactive mechanism between mass transits compensation and public objectives improving. On the above basis, we established the measurement model to calculate the externalities contribution derived from Mass Transits system.Finally, combining the economic and social development of Beijing, we formulate the estimation of the appropriate compensation interval. The paper's study routine and results are of universality and demonstration meaning, which not only apply to mass transit system, such as road traffic and rail traffic, but also to other forms of public goods and quasi-public goods.