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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28244 |
来源ID | Working Paper 28244 |
Estimating the Price Elasticity of Demand for Subways: Evidence from Mexico | |
Lucas W. Davis | |
发表日期 | 2020-12-21 |
出版年 | 2020 |
语种 | 英语 |
摘要 | This paper uses fare changes in Mexico City, Guadalajara, and Monterrey to estimate the price elasticity of demand for urban rail transit. In two of the cases there is a significant fare increase (30%+), and in the third there is a 60-day fare holiday. Ridership responds sharply in the expected direction in all three cities, implying price elasticities which range across cities from -.23 to -.32. In addition, there is suggestive evidence that the temporary fare holiday led to a higher baseline level of ridership. These estimates are directly relevant for policymakers considering alternative pricing structures for urban rail. The paper discusses the relevant economic considerations and then shows how the estimated elasticities can be used to perform policy counterfactuals. |
主题 | Public Economics ; Taxation ; Environmental and Resource Economics ; Environment ; Regional and Urban Economics |
URL | https://www.nber.org/papers/w28244 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585917 |
推荐引用方式 GB/T 7714 | Lucas W. Davis. Estimating the Price Elasticity of Demand for Subways: Evidence from Mexico. 2020. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28244.pdf(443KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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