This thesis analyzes railway demand and its determinants in the context of regional railway passenger transport in the Czech Republic and Prague suburban railway system. Special attention is devoted to examining the impact of new trains on the demand for the selected route of Jizerskohorské Railway. In particular models, I utilize as estimation procedure and difference-in-differences estimator. Panel data analysis found, in line with other published studies, short-run inelastic nature of demand. In order to increase revenue to railway operator, one must distinguish between a group of dependent and discretionary riders whose elasticity is different. Effect of buying new trains can be substantial, especially on less frequented routes with a greater proportion of private car holders.
Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:124983 |
Date | January 2011 |
Creators | Mlčkovský, Petr |
Contributors | Zouhar, Jan, Chytilová, Helena |
Publisher | Vysoká škola ekonomická v Praze |
Source Sets | Czech ETDs |
Language | Czech |
Detected Language | English |
Type | info:eu-repo/semantics/masterThesis |
Rights | info:eu-repo/semantics/restrictedAccess |
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