Elasticity of demand in the mass transit subsystem of the West Center Metropolitan Area as a function on the increase in the fare

In this work is presented the demand elasticity of a passenger’s public transport system with respect to bus fares. First, we established confidence intervals with the information of passengers who has used the transport system by periods. Once it has been defined the confidence intervals then the d...

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2020
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Universidad Católica de Pereira
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Repositorio Institucional - RIBUC
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spa
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oai:repositorio.ucp.edu.co:10785/13667
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https://revistas.ucp.edu.co/index.php/entrecienciaeingenieria/article/view/1780
http://hdl.handle.net/10785/13667
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Derechos de autor 2020 Entre Ciencia e Ingeniería
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oai_identifier_str oai:repositorio.ucp.edu.co:10785/13667
network_acronym_str RepoRIBUC
network_name_str Repositorio Institucional - RIBUC
repository_id_str
spelling Elasticity of demand in the mass transit subsystem of the West Center Metropolitan Area as a function on the increase in the fareElasticidad de la demanda en el subsistema de transporte masivo del Área Metropolitana Centro Occidente en función del incremento de la tarifaIn this work is presented the demand elasticity of a passenger’s public transport system with respect to bus fares. First, we established confidence intervals with the information of passengers who has used the transport system by periods. Once it has been defined the confidence intervals then the demand elasticity with respect to bus fare its calculated. This estimation allows to conclude how much the bus fare impacts the demand of the service, or if it exists another reason why the demand of the services has fluctuated during the history of the system. In this research it can be observed that the three first periods were inelastic and the next three periods were elastic, in the last periods its necessary to do a holistic view to find which another factor it’s the one who is affecting the passenger’s demand.En este trabajo, se presenta una estimación de la elasticidad de la demanda en un sistema de transporte público masivo, con respecto a su tarifa. Para realizar este cálculo, primero se establecieron unos intervalos de confianza para los períodos observados, luego, con estos valores aplicados a fórmulas de la literatura especializada, se obtuvo el valor de la elasticidad de la demanda con respecto al cambio de la tarifa de viaje. Esta estimación permite determinar el impacto del cambio tarifario en un sistema de transporte público de pasajeros específico, o si existen otros factores que tengan el mismo efecto en el sistema. En el caso de este estudio, se encuentra que el sistema es inelástico para 3 períodos de 6 observados, teniendo en los últimos 3 períodos, una estimación alta cuando se analizan otras razones que hayan influido en la demanda del sistema.Universidad Católica de Pereira2023-08-29T03:49:36Z2023-08-29T03:49:36Z2020-07-19Artículo de revistahttp://purl.org/coar/resource_type/c_6501http://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_2df8fbb1application/pdfapplication/xmlhttps://revistas.ucp.edu.co/index.php/entrecienciaeingenieria/article/view/178010.31908/19098367.1780http://hdl.handle.net/10785/13667Entre ciencia e ingeniería; Vol 14 No 27 (2020); 63-72Entre Ciencia e Ingeniería; Vol. 14 Núm. 27 (2020); 63-72Entre ciencia e ingeniería; v. 14 n. 27 (2020); 63-722539-41691909-8367spahttps://revistas.ucp.edu.co/index.php/entrecienciaeingenieria/article/view/1780/1700https://revistas.ucp.edu.co/index.php/entrecienciaeingenieria/article/view/1780/2575Derechos de autor 2020 Entre Ciencia e Ingenieríahttps://creativecommons.org/licenses/by-nc/4.0/deed.es_EShttps://creativecommons.org/licenses/by-nc/4.0/deed.es_ESinfo:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Escobar Falcón, Luis MiguelCárdenas Parra, KennyMarín Moreno, César AugustoBolaños, Rubén IvánMartínez, Doris Amparooai:repositorio.ucp.edu.co:10785/136672025-01-27T23:58:10Z
dc.title.none.fl_str_mv Elasticity of demand in the mass transit subsystem of the West Center Metropolitan Area as a function on the increase in the fare
Elasticidad de la demanda en el subsistema de transporte masivo del Área Metropolitana Centro Occidente en función del incremento de la tarifa
title Elasticity of demand in the mass transit subsystem of the West Center Metropolitan Area as a function on the increase in the fare
spellingShingle Elasticity of demand in the mass transit subsystem of the West Center Metropolitan Area as a function on the increase in the fare
title_short Elasticity of demand in the mass transit subsystem of the West Center Metropolitan Area as a function on the increase in the fare
title_full Elasticity of demand in the mass transit subsystem of the West Center Metropolitan Area as a function on the increase in the fare
title_fullStr Elasticity of demand in the mass transit subsystem of the West Center Metropolitan Area as a function on the increase in the fare
title_full_unstemmed Elasticity of demand in the mass transit subsystem of the West Center Metropolitan Area as a function on the increase in the fare
title_sort Elasticity of demand in the mass transit subsystem of the West Center Metropolitan Area as a function on the increase in the fare
description In this work is presented the demand elasticity of a passenger’s public transport system with respect to bus fares. First, we established confidence intervals with the information of passengers who has used the transport system by periods. Once it has been defined the confidence intervals then the demand elasticity with respect to bus fare its calculated. This estimation allows to conclude how much the bus fare impacts the demand of the service, or if it exists another reason why the demand of the services has fluctuated during the history of the system. In this research it can be observed that the three first periods were inelastic and the next three periods were elastic, in the last periods its necessary to do a holistic view to find which another factor it’s the one who is affecting the passenger’s demand.
publishDate 2020
dc.date.none.fl_str_mv 2020-07-19
2023-08-29T03:49:36Z
2023-08-29T03:49:36Z
dc.type.none.fl_str_mv Artículo de revista
http://purl.org/coar/resource_type/c_6501
http://purl.org/coar/version/c_970fb48d4fbd8a85
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_2df8fbb1
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.ucp.edu.co/index.php/entrecienciaeingenieria/article/view/1780
10.31908/19098367.1780
http://hdl.handle.net/10785/13667
url https://revistas.ucp.edu.co/index.php/entrecienciaeingenieria/article/view/1780
http://hdl.handle.net/10785/13667
identifier_str_mv 10.31908/19098367.1780
dc.language.none.fl_str_mv spa
language spa
dc.relation.none.fl_str_mv https://revistas.ucp.edu.co/index.php/entrecienciaeingenieria/article/view/1780/1700
https://revistas.ucp.edu.co/index.php/entrecienciaeingenieria/article/view/1780/2575
dc.rights.none.fl_str_mv Derechos de autor 2020 Entre Ciencia e Ingeniería
https://creativecommons.org/licenses/by-nc/4.0/deed.es_ES
https://creativecommons.org/licenses/by-nc/4.0/deed.es_ES
info:eu-repo/semantics/openAccess
http://purl.org/coar/access_right/c_abf2
rights_invalid_str_mv Derechos de autor 2020 Entre Ciencia e Ingeniería
https://creativecommons.org/licenses/by-nc/4.0/deed.es_ES
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/xml
dc.publisher.none.fl_str_mv Universidad Católica de Pereira
publisher.none.fl_str_mv Universidad Católica de Pereira
dc.source.none.fl_str_mv Entre ciencia e ingeniería; Vol 14 No 27 (2020); 63-72
Entre Ciencia e Ingeniería; Vol. 14 Núm. 27 (2020); 63-72
Entre ciencia e ingeniería; v. 14 n. 27 (2020); 63-72
2539-4169
1909-8367
institution Universidad Católica de Pereira
repository.name.fl_str_mv
repository.mail.fl_str_mv
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