MATEC Web Conf.
Volume 134, 201718th International Scientific Conference - LOGI 2017
|Number of page(s)||5|
|Published online||08 November 2017|
The Influence of Free Transport in Rail Passenger Transport on the Elasticity of Demand of Rail Passenger Transport
University of Žilina, Faculty of Operation and Economics of Transport and Communications Department of Railway Transport, Univerzitná 1, 010 26 Žilina, Slovakia
* Corresponding author: firstname.lastname@example.org
The article focuses on the elasticity of the demand for transport services in rail passenger transport in the Slovak Republic after introducing free transport for students and retirees. The article studies the impact on income and cross elasticity, given that the fare for rail transport is regulated by the state and, therefore, there is no price elasticity. The article characterizes the volume of transport services in rail passenger transport and the impact of the introduction of free transport on the cross and income elasticity.
© The Authors, published by EDP Sciences, 2017
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (http://creativecommons.org/licenses/by/4.0/).
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