THE INFLUENCE OF QUALITY AND PRICE ON THE DEMAND FOR URBAN TRANSPORT: THE CASE OF UNIVERSITY STUDENTS
planning - service quality, ridership - elasticity, ridership - demand, economics - value of time, place - urban, mode - mass transit
Value of time, Urban transportation, Travel time, Travel models (Travel demand), Travel demand, Transit, Spain, Service quality, Quality of service, Public transit, Prices, Passenger service quality, Mass transit, Logits, Logit models, Local transit, Journey time, Intracity transportation, Elasticity (Economics), College students
This paper uses a nested logit model to estimate a transport demand function for university students in the Bilbao area of Spain and to obtain the main variables that condition this demand. First, price and time elasticities are estimated. The potential effects of changing the available supply of public transport in order to draw new collective transport users away from private vehicles are then considered. Findings suggest that improving quality in terms of more frequent underground and train services, and cutting prices in the case of buses would contribute to attracting new collective transport users.
Bilbao Ubillos, J, Fernandez Sainz, A, (2004). THE INFLUENCE OF QUALITY AND PRICE ON THE DEMAND FOR URBAN TRANSPORT: THE CASE OF UNIVERSITY STUDENTS. Transportation Research Part A: Policy and Practice, Volume 38, Issue 8, p. 607-614.