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|Title: ||Efficient Performance Based Subsidy Allocation and Targets Setting to Low Volume Ferry Routes: Evidence from Taiwan’s Offshore Ferry Transportation|
|Authors: ||Ming-Miin Yu;Bo Hsiao;Hsuan Yang|
|Issue Date: ||2017-11-01T01:16:51Z
|Abstract: ||Offshore ferry transportation plays an important role in offshore transportation services between mainland and its offshore islands. Offshore ferry services help satisfy the transport needs of underprivileged communities on offshore islands by providing below-cost transportation to "locationally disadvantaged" groups or regions. Particularly low volume routes frequently operate at a loss because they are socially necessary but not commercially viable. Thus, the government offers financial support for offshore ferry routes as operating losses and investment needs increase. Because budgetary resources for low volume ferry routes are limited, this study offers a method to help governments set targets for individual low volume ferry routes with regard to future performance. Furthermore, this study helps determine which targets should be linked to government resources allocated to individual low volume offshore ferry firms. Following this criterion, the study discusses public transportation subsidy policies and evaluates whether the current ferry subsidies policy is adequate in Taiwan. Allocation-based data envelopment analysis(ABDEA) proposed by Beasley  and modified by Amirteimoori and Kordrostami  are then used to allocate the limited subsidy budget to low volume ferry routes, while output targets are determined for each low volume offshore ferry firm. The results provide valuable suggestions for ferry firm subsidy budget allocation policies in Taiwan.|
|Appears in Collections:||[運輸科學系] 演講及研討會|
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