Rahman, S and Balijepalli, NC (2016) Understanding the determinants of demand for public transport: evidence from suburban rail operations in five divisions of Indian Railways. Transport Policy, 48. pp. 13-22. ISSN 0967-070X
Abstract
This paper analyses suburban rail fare elasticity and compares the results across five suburban divisional operations of the Indian Railways in three cities viz., Chennai, Kolkata and Mumbai. The three cities chosen have a highly varying modal share of public transport trips and thus offer interesting insights into the attitudes of trip makers towards the changes in operational variables such as fares, service levels. This paper contributes towards understanding of the determinants of demand for public transport in a developing country and applies econometric methods involving static and dynamic modelling methodologies. This research addresses the question of smaller sample sizes which constrain the use of standard regression approaches and applies a bootstrapping method which substitutes for traditional assumptions on distributions and asymptotic results. It was found that the suburban rail demand is inelastic to fare which indicates that the revenue would increase with an increase in fare. Finally, the paper illustrates the use of computed elasticities by estimating the demand for suburban rail in Kolkata.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2016 Elsevier Ltd. All rights reserved. This is an author produced version of a paper published in Transport Policy. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Fare elasticity; Demand for public transport; Suburban rail operations in India; Static/dynamic modelling; Bootstrapping |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds) > ITS: Spatial Modelling and Dynamics (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 09 Mar 2016 16:00 |
Last Modified: | 06 Sep 2017 15:18 |
Published Version: | http://dx.doi.org/10.1016/j.tranpol.2016.02.006 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.tranpol.2016.02.006 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:96124 |