Cost Analysis of Public Transport in Shanghai
economics - appraisal/evaluation, economics - operating costs, economics - pricing, place - asia
trip cost, public transport, private transport, China, price elasticity of demand
The public transport cost is one of the problems that both citizens and the government are most concerned about. On the basis of investigation and analysis of the public transportation system in Shanghai, this paper calculates the index of Shanghai public transport cost. The trip cost of private transport and public transport were compared, and public transport price elasticity of demand was studied in the paper. In the end, the strategy which can lower the cost of public transport was introduced. The result of the research can provide the basis of decision making for urban transportation sustainable development.
Permission to link to the abstract has been given by ASCE, copyright remains with them.
Wang, Z., Xhu, C., Shan, X. (2011). Cost analysis of public transport in Shanghai. ASCE Conference Proceedings of the Third International Conference on Transportation Engineering, Vol. 419, Issue 41184.