Meta-analysis of public transport demand
The present study uses meta-regression in order to explain the wide variation in elasticity estimates obtained in previous demand studies, and provide summaries of several bus demand elasticities. One important finding as to the price elasticity is that the often cited rule of thumb of -0.3 holds good if quality of service represented by vehicle-kilometres is treated as an exogenous variable, but not when it is treated as endogenous. Based on the results it is recommended that demand models should include car ownership, price of petrol, own price, income and some measure of service among the explanatory variables and that the service variable should be treated as endogenous. In previous meta-studies in this field focus has been on own price elasticity only while this study also includes elasticities with respect to, level of service, income, price of petrol and car ownership. The short run for the US are found to be -0.59, 1.05, -0.62, 0.4 and -1.48 respectively.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 41 (2007)
Issue (Month): 10 (December)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/547/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- T. D. Stanley & Stephen B. Jarrell, 2005.
"Meta-Regression Analysis: A Quantitative Method of Literature Surveys,"
Journal of Economic Surveys,
Wiley Blackwell, vol. 19(3), pages 299-308, 07.
- Stanley, T D & Jarrell, Stephen B, 1989. " Meta-Regression Analysis: A Quantitative Method of Literature Survey s," Journal of Economic Surveys, Wiley Blackwell, vol. 3(2), pages 161-170.
- Espey, Molly, 1998. "Gasoline demand revisited: an international meta-analysis of elasticities," Energy Economics, Elsevier, vol. 20(3), pages 273-295, June.
- Kremers, Hans & Nijkamp, Peter & Rietveld, Piet, 2002.
"A meta-analysis of price elasticities of transport demand in a general equilibrium framework,"
Elsevier, vol. 19(3), pages 463-485, May.
- Hans Kremers & Peter Nijkamp & Piet Rietveld, 2000. "A Meta-Analysis of Price Elasticities of Transport Demand in a General Equilibrium Framework," Tinbergen Institute Discussion Papers 00-060/3, Tinbergen Institute.
- Selvanathan, E. A. & Selvanathan, Saroja, 1994.
"The demand for transport and communication in the United Kingdom and Australia,"
Transportation Research Part B: Methodological,
Elsevier, vol. 28(1), pages 1-9, February.
- E.A. Selvanathan, 1989. "The Demand for Transport and Communication in the United Kingdom and Australia," Economics Discussion / Working Papers 89-33, The University of Western Australia, Department of Economics.
- Joyce M. Dargay & Mark Hanly, 2002. "The Demand for Local Bus Services in England," Journal of Transport Economics and Policy, University of Bath, vol. 36(1), pages 73-91, January.
- Wang, George H. K. & Skinner, David, 1984. "The impact of fare and gasoline price changes on monthly transit ridership: Empirical evidence from seven U.S. transit authorities," Transportation Research Part B: Methodological, Elsevier, vol. 18(1), pages 29-41, February.
- FitzRoy, Felix & Smith, Ian, 1999.
"Season Tickets and the Demand for Public Transport,"
Wiley Blackwell, vol. 52(2), pages 219-238.
- Felix R FitzRoy & Ian Smith, 1998. "Season Tickets and the Demand for Public Transport," CRIEFF Discussion Papers 9802, Centre for Research into Industry, Enterprise, Finance and the Firm.
- Bresson, Georges & Dargay, Joyce & Madre, Jean-Loup & Pirotte, Alain, 2003. "The main determinants of the demand for public transport: a comparative analysis of England and France using shrinkage estimators," Transportation Research Part A: Policy and Practice, Elsevier, vol. 37(7), pages 605-627, August.
When requesting a correction, please mention this item's handle: RePEc:eee:transa:v:41:y:2007:i:10:p:1021-1035. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.