Zdrojový dokument:Scientific papers of the University of Pardubice. Series B, Jan Perner Transport Faculty. 14 (2008)
ISSN:1211-6610
Abstrakt:
This article summarises price elasticity and cross-elasticity for use in public transit planning,
it describes elasticity and how they are used and shortly examines previous researeh on transit
elaslicity. Price elasticity can be used to predict the ridership and revenue effects of changes in
transit fares, they are used in modelling and predicting how changes in transit services will affect
vehicle traffic volumes and pollution emissions and they can help evaluated the impacts and
benefits of mobility management strategies such as new transit services, road tolls and parking
fees. An important conclusion of this small research is that no single transit elasticity value applies
in all situations: various factors affect price elasticity including type of user and trip, geographic
conditions and time period. Commonly used transit elasticity values primarily reflects short- and
medium-run impacts. The resulting elaslicity values may be appropriate for predicting how a
change in transit fares or service will affect next year's ridership and revenue, but long-run elasticity
values are more appropriate for strategic planning.