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Impacts of Travel Cost on Taxi Transport Demand and its Policy Alternatives

In: Liss 2014

Author

Listed:
  • Xuejiao Wu

    (Beijing Jiaotong University)

  • Jing Li

    (Beijing Jiaotong University)

Abstract

With the development of China’s economy, the trip volume of urban taxi and traveling demands rise rapidly. In this paper, based on the taxi price adjustment of Beijing, from the perspective of economic behavior choice of pedestrians, through the cost-demand equilibrium and the break-even analyze the travel cost on taxi. The analysis shows that the adjustments of the taxi price related factors have different influence on the taxi traffic demand. Thus it puts forward the targeted taxi traffic demand management policy recommendations.

Suggested Citation

  • Xuejiao Wu & Jing Li, 2015. "Impacts of Travel Cost on Taxi Transport Demand and its Policy Alternatives," Springer Books, in: Zhenji Zhang & Zuojun Max Shen & Juliang Zhang & Runtong Zhang (ed.), Liss 2014, edition 127, pages 1009-1014, Springer.
    • Handle: RePEc:spr:sprchp:978-3-662-43871-8_144
    DOI: 10.1007/978-3-662-43871-8_144
    as

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