PRICE ELASTICITY OF COMMUTER MODE CHOICE - EFFECT OF A 20-PERCENT RAIL FARE REDUCTION

被引:13
作者
HENSHER, DA [1 ]
BULLOCK, RG [1 ]
机构
[1] BUR TRANSPORT ECON,MELBOURNE 3000,VICTORIA,AUSTRALIA
关键词
D O I
10.1016/0191-2607(79)90071-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
There have been very few studies undertaken on the comparative levels of price elasticities of travel demand derived from before-after data and cross sectional demand models. A 20% fare reduction in Sydney (Australia) in 1976 provided a suitable opportunity to undertake such a comparison. Furthermore the influence of misperception of actual fare changes and the role of other non-cost factors were investigated so as to determine the true impact of the fare reduction on travel demand. After allowing for captive rail-travellers, the cross price elasticity of demand is 0.14, adding further support to the limited impact of fare changes on levels of public transport patronage. © 1979.
引用
收藏
页码:193 / 202
页数:10
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