Public transport in towns - Inevitably on the decline?
Johan Holmgren,
Jan Owen Jansson and
Anders Ljungberg
Research in Transportation Economics, 2008, vol. 23, issue 1, 65-74
Abstract:
Bus transport in Linkping, a town of 140[punctuation space]000 people, was strongly on the increase up to the beginning of the 1980s, when a negative trend-break occurred. A demand model is developed which explains both the ongoing decline and the preceding increase. Based on this model, it is examined whether a change of the current bus transport policy towards an optimal pricing and investment policy from a social point of view could evoke a new and positive trend-break. Taking current trends in the exogenous factors into account it would. However, this could depend on a possible revival of bicycling in towns.
Keywords: Public; transport; Elasticity; Price; Service; Policy (search for similar items in EconPapers)
Date: 2008
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