1887

n Studies in Economics and Econometrics - Possible implications of the price, cross-price and income elasticities of the demand for public road transport in the Cape Metropolitan Area - a co-integration analysis

Volume 25, Issue 3
  • ISSN : 0379-6205

Abstract

This article provides an application of co-integration analysis within the context of public transport services in the Cape Metropolitan Area. The results of the study reveal the price, cross-price and income elasticity of demand for minibus taxi and public bus transport in the Cape Metropolitan Area. These empirically derived results have a number of implications for the present commuter transport subsidy system and the regulation of minibus taxis. Greater co-ordination between minibus taxi and public bus transport by means of a tender system is proposed.

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/content/bersee/25/3/EJC21785
2001-01-01
2019-12-15

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