Lythgoe, W.F. and Wardman, M.R. (2004) Modelling passenger demand for parkway rail stations. Transportation, 31 (2). pp. 125-151. ISSN 1572-9435Full text available as:
Available under licence : See the attached licence file.
Interest in Parkway stations emerged in the 1980s. These act as convenient out-of-town stations for inter-urban rail journeys. There were 13 so-called Parkway stations in Great Britain in 1999 and two have subsequently been opened. This paper reports the development and application of a new Parkway forecasting model which was conducted for the Association of Train Operating Companies (ATOC), undertaken as part of an extensive update to the Passenger Demand Forecasting Handbook, which recommends demand forecasting frameworks and associated parameters that are widely used in the railway industry in Great Britain. The objective was to develop a model that had more desirable properties and was more straightforward to apply than the previously recommended procedure. The focus is entirely upon inter-urban journeys of over 80 km.The model forecasts the demand for Parkway stations based solely on rail ticket sales data and its properties are illustrated with two case study applications. The nature of Parkway stations forces consideration of competition, and it is demonstrated that the inclusion of a station choice component leads to a somewhat improved explanatory power and a more plausible generalised cost elasticity.In addition to the methodological developments, the model has provided generally reasonable elasticities and forecasts and shown that Parkway users have different preferences to rail travellers in general. In a test based around a newly opened Parkway station, its forecasts are more accurate than the procedure it replaces.
|Copyright, Publisher and Additional Information:||© 2004 Springer. This is an author produced version of a paper subsequently published in 'Tranportation'. Uploaded Uploaded in accordance with the publisher's self-archiving policy. The original publication is available at www.springerlink.com.|
|Keywords:||demand forecasting, elasticities,parkway stations, railways|
|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:||10 May 2007|
|Last Modified:||10 Jun 2014 15:08|