White Rose University Consortium logo
University of Leeds logo University of Sheffield logo York University logo

An Econometric Approach to Demand, Supply and Service Quality in the Taxi Industry

Toner, J.P. (1991) An Econometric Approach to Demand, Supply and Service Quality in the Taxi Industry. Working Paper. Institute of Transport Studies, University of Leeds , Leeds, UK.

Full text available as:
[img]
Preview
Text
ITS244_Wp339_uploadable.pdf
Available under licence : See the attached licence file.

Download (466Kb)
Published Version: http://www.its.leeds.ac.uk/

Abstract

This paper uses data collected during various unmet demand studies to build econometric models of the taxi market. The aim is to use these models to derive the elasticities of demand for taxis with respect to price and service quality. It is found that the cross-sectional approach adopted fails to pick up any significant service quality effects. The price elasticity was about -2 under a constant elasticity formulation, and ranged between -2.5 to -3.5 if allowed to vary with price.

Item Type: Monograph (Working Paper)
Copyright, Publisher and Additional Information: Copyright of the Institute of Transport Studies, University Of Leeds
Institution: The University of Leeds
Academic Units: The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds)
Depositing User: Adrian May
Date Deposited: 11 May 2007
Last Modified: 19 Jun 2014 01:55
Published Version: http://www.its.leeds.ac.uk/
Status: Published
Publisher: Institute of Transport Studies, University of Leeds
Identification Number: Working Paper 339
URI: http://eprints.whiterose.ac.uk/id/eprint/2226

Actions (repository staff only: login required)