2011
DOI: 10.1016/j.tranpol.2010.05.004
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Estimating welfare changes from efficient pricing in public bus transit in India

Abstract: Three different and feasible pricing strategies for public bus transport in India are developed in a partial equilibrium framework with the objective of improving economic efficiency and ensuring revenue adequacy, namely, average cost pricing, marginal cost pricing, and twopart tariffs. These are assessed not only in terms of gains in economic efficiency, but also in changes in travel demand and consumer surplus. The estimated partial equilibrium price is higher in all three pricing regimes when compared to th… Show more

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Cited by 10 publications
(9 citation statements)
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“…The output (Q) re ‡ects the demand and is measured by passenger kilometers, used also in similar studies. 11 Other authors use supply-related output measures such as seat 1 1 See, for instance, Windle (1988), Deb andFilippini (2011), Bhattacharyya et al (1995), or bus kilometers. 12 De Borger and Kerstens (2008) note that both supply and demand related output measures are relevant.…”
Section: Model Speci…cation and Estimation Methodsmentioning
confidence: 99%
“…The output (Q) re ‡ects the demand and is measured by passenger kilometers, used also in similar studies. 11 Other authors use supply-related output measures such as seat 1 1 See, for instance, Windle (1988), Deb andFilippini (2011), Bhattacharyya et al (1995), or bus kilometers. 12 De Borger and Kerstens (2008) note that both supply and demand related output measures are relevant.…”
Section: Model Speci…cation and Estimation Methodsmentioning
confidence: 99%
“…This kind of pricing system has too large inertia for DRT systems, since it can only adapt prices to demands (based on users' decision variables) after the end of the validity period of the defined pricing interval can be further broken down to separate consumer segments in the case of DRT (e.g. based on spatial, temporal or social aspects) (Deb, Filippini 2011).…”
Section: A New Pricing Approach In Case Of a Drt Systemmentioning
confidence: 99%
“…It follows that socially equitable transportation is concerned with fairness in the distribution of transport investments, internal and external costs, and benefits (Garrett and Taylor, 1999;Martens, 2009). The evaluation of costs may pertain to environmental justice (Lucas, 2004), public health externalities (Frumkin, 2002), or to fiduciary expenses such as tax burdens (Wachs, 2003;King, 2011), tolls and congestion pricing (Giuliano, 1994;Plotnick et al, 2011), and transit prices and fare structures (Cervero, 1990;Deb and Filippini, 2011;Fan and Huang, 2011).…”
Section: Literature Reviewmentioning
confidence: 99%