EconPapers    
Economics at your fingertips  
 

The Use of a Consumer Survey to Determine the Relevant Market – Case Study for public transport between Prague and Most

Kleinová Eliška ()
Additional contact information
Kleinová Eliška: Department of Economics, Faculty of Economics and Administration, Masaryk University, Brno, Czech Republic.

Review of Economic Perspectives, 2016, vol. 16, issue 1, 17-28

Abstract: The aim of this paper is to define a relevant market in the passenger transportation industry for the route between Prague and Most. A rising number of bus companies operating on this particular market suggests competition pressures. On the basis of European Commission legislation and its common practice we apply a demand-side substitution analysis in the form of the so called SSNIP test. Data for the empirical analysis were collected by means of a customer survey, which captured reactions to a 10% increase in the price of purchased tickets. The survey outcomes were then used to calculate an own price elasticity of demand and to carry out a critical loss analysis in order to define the relevant market.

Date: 2016
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
https://www.degruyter.com/view/j/revecp.2016.16.is ... -0002.xml?format=INT (text/html)

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:vrs:reoecp:v:16:y:2016:i:1:p:17-28:n:2

Access Statistics for this article

Review of Economic Perspectives is currently edited by Antonín Slaný

More articles in Review of Economic Perspectives from De Gruyter Open
Series data maintained by Peter Golla ().

 
Page updated 2017-09-29
Handle: RePEc:vrs:reoecp:v:16:y:2016:i:1:p:17-28:n:2