Methods described later in this report can be used to quantify how specific price changes affect transport decisions using elasticities, which measure the change in consumption that results from changes in factors such
as prices, incomes or service quality. This information
has many practical uses. Planners can use it to predict how demographic and economic trends will affect future travel demands. Policy-makers and businesses can predict how fuel tax, parking fee, road toll and public transport fare changes would affect travel activities and revenues. It can be used to evaluate various Transportation Demand Management (TDM, also called Mobility Management) strategies intended to change travel activity in order to achieve various planning objectives (see Box 1).
Although key economic concepts are concisely explained in blue boxes, this report is not intended to be an eco- nomics book nor does it provide an exhaustive survey and analysis of transport elasticities. Those interested
in more detailed economic explanations, including rig- orous mathematical formulations, should refer to our Chapter “Selected References and Further Reading” and access an economics textbook[1].
This report is however an easy and accessible introduc- tion to the issues presented in this section. It describes concepts related to transport demands, investigates how prices and service quality affect transport activity, dis- cusses how these impacts can be measured, and summa- rises various transport elasticity studies. Furthermore, it indicates how this information can be used for policy and planning analysis.
Methods described later in this report can be used to quantify how specific price changes affect transport decisions using elasticities, which measure the change in consumption that results from changes in factors such
as prices, incomes or service quality. This information
has many practical uses. Planners can use it to predict how demographic and economic trends will affect future travel demands. Policy-makers and businesses can predict how fuel tax, parking fee, road toll and public transport fare changes would affect travel activities and revenues. It can be used to evaluate various Transportation Demand Management (TDM, also called Mobility Management) strategies intended to change travel activity in order to achieve various planning objectives (see Box 1).
Although key economic concepts are concisely explained in blue boxes, this report is not intended to be an eco- nomics book nor does it provide an exhaustive survey and analysis of transport elasticities. Those interested
in more detailed economic explanations, including rig- orous mathematical formulations, should refer to our Chapter “Selected References and Further Reading” and access an economics textbook[1].
This report is however an easy and accessible introduc- tion to the issues presented in this section. It describes concepts related to transport demands, investigates how prices and service quality affect transport activity, dis- cusses how these impacts can be measured, and summa- rises various transport elasticity studies. Furthermore, it indicates how this information can be used for policy and planning analysis.
การแปล กรุณารอสักครู่..
