ECONOMIC AND FINANCIAL IMPACT OF URBAN PUBLIC TRANSPORT: THE EXAMPLE OF GENEVA

A study commissioned in 2010 by TPG (Geneva) has analyzed the economic and financial impact of urban public transport in Geneva. Over the last 10 years, the Geneva public transport supply has increased by 50% and demand by almost 100%, giving a positive correlation between supply and demand of 2 which means that an increase by 10 % in supply has generated an increase by around 20 % of the demand over the last 10 years in Geneva. The study then makes an assessment of direct, indirect and indirect consequential benefits of an extension of the public transport offer. The direct and indirect contribution factor to the economy (value added) is 2,8 (for the regional economy). Furthermore, a job created at TPG means 3,3 additional workplaces in the regional economy. As a substantial part of the added value comes back to the public purse through taxes (155% of direct contributions given to TPG in the Geneva case), the economic return of public support for urban transport is clearly demonstrated. Therefore the challenge for the public authority remains to set the right levels of ticket prices (negative price elasticity on passenger numbers), infrastructure and network development, as well as investments in roads and other infrastructure, in order to maximise the positive financial impact of public transport

• Corporate Authors:

  International Association of Public Transport (UITP)

  Rue Sainte Marie 6
  Brussels,   Belgium  BE-1080
• Authors:
  • Mueller, Beat
• Publication Date: 2011

Language

• English

Media Info

• Pagination: 30
• Serial:
  • CONGRESS - DUBAI 2011
  • Issue Number: Session 05

Subject/Index Terms

• TRT Terms: Bids; Economic analysis; Public transit; Urban areas
• Geographic Terms: Geneva (Switzerland); Switzerland
• UITP Terms: Economic appraisal; Transport offer
• ITRD Terms: GENEVE
• Subject Areas: Economics; Passenger Transportation;

Filing Info

• Accession Number: 01338820
• Record Type: Publication
• Source Agency: International Association of Public Transport (UITP)
• Files: UITP
• Created Date: May 3 2011 2:23PM