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Korspriselasticiteten mellan drivmedelspriser och antal resor i kollektivtrafiken: En studie över drivmedelsprisets påverkan på efterfrågan förkollektivtrafiken i Stockholms län
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2015 (Swedish)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This paper examines the effect of fuel price change on public transit ridership in Stockholm’s county during the period 2007-2014. Data are collected at monthly intervals and are analysed using multiple regression to estimate the cross-price elasticity of demand for three modes of transit with respect to fuel price. We also estimate a model using lagged fuel price in order to test if there is an lagged effect of changes in fuel price on transit ridership. This paper finds that the cross-price elasticity is not statistically significant different from zero. Hence, changes in fuel price did not affect transit ridership in Stockholm’s county during the period 2007-2014. Additionally, this paper finds that the same conclusion is applicable for the lagged model.

Place, publisher, year, edition, pages
2015.
Keyword [en]
Public transit, fuel price, cross-price elasticity, Stockholm, demand
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-256034OAI: oai:DiVA.org:uu-256034DiVA: diva2:824356
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Available from: 2015-06-22 Created: 2015-06-22 Last updated: 2015-06-22Bibliographically approved

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