The aim of this technical note is to describe a number of enhancements made to the strategic model (see TRIS 451029). The changes involved: 1) including car travel cost elasticities; 2) revising the effects of increased LT rail mileage; 3) including accident costs; 4) reducing the congestion effects of buses; 5) including car parking search time as cost for car users; 6) updating the model in line with the 1983 budget. When these changes are incorporated the marginal benefit/pounds sterling is found to be 0.42 (ie for each extra pounds sterling 1 injected by way of subsidy, the benefit to society is pounds sterling 1.42). (Author/TRRL)

  • Corporate Authors:

    London Transport Executive

    Group Planning Department, 55 Broadway
    London SW1H 0BD,   England 
  • Authors:
    • Frerk, M Y
  • Publication Date: 1983-3

Media Info

  • Features: Figures; References; Tables;
  • Pagination: 6 p.
  • Serial:
    • Issue Number: 510

Subject/Index Terms

Filing Info

  • Accession Number: 00451030
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • Files: ITRD, TRIS
  • Created Date: Aug 27 2004 9:05PM