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The success story of Spanish suburban railways: determinants of demand and policy implications

Javier Asensio ()

Transport Policy, 2000, vol. 7, issue 4, 295-302

Abstract: Ridership of suburban railway services in Spain has experienced a 30% increase during the 1990s. This paper carries out the estimation of an aggregate demand function using panel data from eleven urban areas. Among other results, short- and long-run elasticities with respect to both prices and a quality measure are obtained. These results are used to discuss the policy alternatives that RENFE faces in order to increase its revenue in the future.

Date: 2000
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Handle: RePEc:eee:trapol:v:7:y:2000:i:4:p:295-302