Austria’s KlimaTicket: Assessing the short-term impact of a cheap nationwide travel pass on demand
Hannes Wallimann
Transport Policy, 2024, vol. 159, issue C, 201-214
Abstract:
Measures to reduce transport-related greenhouse gas emissions are of great importance to policy-makers. A recent example is the nationwide KlimaTicket in Austria, a country with a relatively high share of transport-related emissions. The cheap yearly season ticket introduced in October 2021 allows unlimited access to Austria’s public transport network. Using the synthetic control and synthetic difference-in-differences methods, we assess the causal effect of this policy on rail travel demand by constructing a data-driven counterfactual out of European railway companies to mimic the number of passengers of the Austrian Federal Railways (ÖBB) without the KlimaTicket. Overall, the results indicate that the KlimaTicket has no short-run passenger growth effects. While passenger numbers recovered faster after the COVID-19 pandemic, in 2023, the passenger growth rate of the ÖBB is even lower than it would be under no treatment.
Keywords: Public transport; Policy evaluation; Synthetic control method; Case study; Natural experiment (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0967070X24002828
Full text for ScienceDirect subscribers only
Related works:
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:trapol:v:159:y:2024:i:c:p:201-214
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
DOI: 10.1016/j.tranpol.2024.10.008
Access Statistics for this article
Transport Policy is currently edited by Y. Hayashi
More articles in Transport Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().