The success story of Spanish suburban railways: determinants of demand and policy implications
AbstractRidership of suburban railway services in Spain has experienced a 30% increase during the 1990s. This paper carries out the estimation of an aggregate demand function using panel data from eleven urban areas. Among other results, short- and long-run elasticities with respect to both prices and a quality measure are obtained. These results are used to discuss the policy alternatives that RENFE faces in order to increase its revenue in the future.
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Bibliographic InfoArticle provided by Elsevier in its journal Transport Policy.
Volume (Year): 7 (2000)
Issue (Month): 4 (October)
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/30473/description#description
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