DEMAND ELASTICITIES OF PER-MILE TRANSIT FARES
Distance-based transit fares are often proposed as a method of generating additional transit revenues while equalizing the costs patrons pay for service. This paper documents efforts undertaken by NYSDOT's Planning Research Unit to estimate the demand elasticities of pre-mile transit fares. Using a 1975 on-board survey from Albany, N.Y., and the statistical tool, AID, five market partitions are developed which best explain the variation in frequency of bus use. These partitions are based on destination purpose, fare type, and county of residence. Disaggregate linear models are then constructed for each partition, relation frequency of bus use to fare-per-mile. Results show far-per-mile elasticities to be very low, ranging from 0 to -0.41, and showing greater sensitivity by discretionary non-habitual bus users. /Author/
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Corporate Authors:
New York State Department of Transportation
Planning Division, State Campus, Building 4
Albany, NY United States 12232 - Publication Date: 1978-2
Media Info
- Features: Figures; References; Tables;
- Pagination: 29 p.
Subject/Index Terms
- TRT Terms: Elasticity (Mechanics); Fares; Mathematical models; Public transit; Railroad transportation; Revenues; Surveys; Trip length
- Old TRIS Terms: User characteristics
- Subject Areas: Finance; Highways; Planning and Forecasting; Public Transportation; Railroads;
Filing Info
- Accession Number: 00179023
- Record Type: Publication
- Report/Paper Numbers: Res Rpt. 138
- Files: TRIS, STATEDOT
- Created Date: Jul 29 1981 12:00AM