THE EFFECT OF FARES ON BUS PATRONAGE

This report reviews the information available on the elasticity of bus patronage with respect to the fares charged, both in the UK and in other countries. Estimates of overall fares elasticity obtained across individual fares changes, from time-series analysis and from cross-sectional data are all consistent with a typical mean value of -0.3 in a range from -0.1 to -0.6. These values appear to be much the same in the different countries from which the data was obtained, and they have been stable over time. Elasticities at off-peak travel times seem to be about twice those in the peak, short-distance elasticities are larger than those for long journeys, demand from 'non-captive' passengers may be twice as elastic as that from 'captive' passengers, and urban rail travel is found to be only half as elastic as bus travel.(a) /TRRL/

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/0117509906
• Corporate Authors:

  Department of the Environment, England

  2 Marsham Street
  London SW1P 3EB,   England 
• Authors:
  • Bly, P H
• Publication Date: 1976

Language

• English

Media Info

• Features: References; Tables;
• Pagination: 23 p.
• Serial:
  • Publication of: Department of the Environment, England
  • Publisher: Department of the Environment, England
  • ISSN: 0117-509906

Subject/Index Terms

• TRT Terms: Bus transportation; Buses; Demand; Elasticity (Mechanics); Fares; International; Peak periods; Public transit; Railroad transportation; Tariffs; Time; Travel; Travel time; Urban transportation
• Uncontrolled Terms: Use
• ITRD Terms: 285: Demand (econ); 5912: Elasticity; 9034: International; 612: Peak hour; 744: Public transport; 241: Tariff; 5414: Time; 9084: Use
• Subject Areas: Finance; Highways; Motor Carriers; Planning and Forecasting; Public Transportation; Railroads; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 00149868
• Record Type: Publication
• Source Agency: Transport and Road Research Laboratory (TRRL)
• Report/Paper Numbers: Lab Report 733
• Files: ITRD, TRIS, ATRI
• Created Date: Apr 13 1981 12:00AM