EconPapers    
Economics at your fingertips  
 

The main determinants of the demand for public transport: a comparative analysis of England and France using shrinkage estimators

Georges Bresson, Joyce Dargay, Jean-Loup Madre and Alain Pirotte

Transportation Research Part A: Policy and Practice, 2003, vol. 37, issue 7, 605-627

Abstract: This study analyses the impacts of changes in fares, service supply, income and other factors on the demand for public transport on the basis of panels of English counties and French urban areas. The analysis is based on dynamic econometric models, so that both short- and long-run elasticities are estimated. Conventional approaches (i.e. fixed- and random-effect models) rely on the hypothesis that elasticities are the same for all areas. Having shown that this hypothesis is not valid for these data sets, the heterogeneity amongst areas is accounted for using a random-coefficients approach, and Bayesian shrinkage estimators. Estimated elasticities for France and England are compared, by using a common set of variables, similar time period and a common methodology. The results show a considerable variation in elasticities among areas within each country. The major conclusion is that public transport demand is relatively sensitive to fare changes, so that policy measures aimed at fare reduction (subsidisation) can play a substantial role in encouraging the use of public transport, thus reducing the use of private cars.

Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (38)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0965-8564(03)00009-0
Full text for ScienceDirect subscribers only

Related works:
Working Paper: The main determinants of the demand for public transport: a comparative analysis of England and France using shrinkage estimators (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transa:v:37:y:2003:i:7:p:605-627

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

Access Statistics for this article

Transportation Research Part A: Policy and Practice is currently edited by John (J.M.) Rose

More articles in Transportation Research Part A: Policy and Practice from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:transa:v:37:y:2003:i:7:p:605-627