Working Paper
The impact of capital grants on maintenance in the public sector
Abstract: A study of how state and federal grants affect the maintenance policies of local mass-transit providers, showing that private owners of transit capital devote significantly greater resources to maintenance than do public owners of similar capital.
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https://fraser.stlouisfed.org/title/working-paper-federal-reserve-bank-cleveland-4494/impact-capital-grants-maintenance-public-sector-494506
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1988
Number: 8812