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- W569276252 abstract "This paper reports analysis of a very large data set of rail ticket sales data to explore how timetable related service quality impact on inter-urban rail demand. The measure of rail service quality of particular interest is here generalised journey time (GJT), a composite index composed of journey time, service headway and the need to change trains. A large scale review of previous research identified that there were a number of avenues that needed to be explored. The first of these was to determine how GJT impacts on rail demand, including interactions with distance and value for money and exploring the effects of the size and sign of the change in GJT, distinguishing between short run and long run effects. The new evidence obtained is important given concerns over elasticities currently recommended for use in the rail industry in Britain. Secondly, it is timely to consider whether the weights associated with headway and interchange in GJT are appropriate. This analysis indicates that more influence should be attached to interchange. Finally, the rail industry in Britain’s approach of using GJT and fare is quite unique. The authors have tested how it compares with the more traditional approach of generalised cost and with the specification of separate elasticities to the component part of GJT. This indicates that the GJT approach is preferable to the more conventional approach although there would seem to be value in further pursuing separate elasticities to the components of GJT." @default.
- W569276252 created "2016-06-24" @default.
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- W569276252 date "2013-01-01" @default.
- W569276252 modified "2023-09-28" @default.
- W569276252 title "Effects of Timetable-Related Service Quality on Rail Demand" @default.
- W569276252 hasPublicationYear "2013" @default.
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