Economic analysis of tariff integration in public transport

Document Type

Journal Article

Publication Date

2017

Subject Area

economics - economies of scale, place - asia, place - urban, mode - subway/metro

Keywords

Common fare, Congestion, Distortion in consumers' choices, Distribution of wage, Economies of scale, Tokyo's subway system

Abstract

In this paper, we examine the effects of integrating the tariffs of public transport operated by various institutions on the welfare of economy based on a simple model with users and operators of public transport. Special attention is paid to two benefits of tariff integration; the removal or alleviation of a distortion in consumers’ choices, which arises when a shorter route costs more, and the economies of scale in production.

Rights

Permission to publish the abstract has been given by Elsevier, copyright remains with them.

Comments

Research in Transportation Economics Home Page:

http://www.sciencedirect.com/science/journal/07398859

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