Demand Elasticity of Public Transport Cover Image

Elasticita dopytu v hromadnej osobnej doprave
Demand Elasticity of Public Transport

Author(s): Miloš Poliak, Jozef Gnap, Vladimir Konečný
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: elasticity; demand; supply; public transport; passenger; individual motoring

Summary/Abstract: The paper deals with public transport performance, demand for public trans-port, and relationship of public transport to individual motoring. Demand for public transport can be defined as secondary and it results from customers de-mand for goods and services. The paper analyses significant factors that influ-ence value of passenger demand for public transport. Passengers have a sensi-tive reaction to the price, quantity and quality changes of public transport ser-vices. Therefore, this paper presents different types of demand elasticity in rela-tion to influencing factors. The article illustrates possibilities of future estima-tion of demand for public transport, too. Quality public transport services are important for economy growth and society development.

  • Issue Year: 54/2006
  • Issue No: 07
  • Page Range: 668-684
  • Page Count: 17
  • Language: Slovak