A simple elasticity-based model is described that was developed to define the sizes of either fare increases or service decreases required to offset possible reductions in federal operating subsidies for transit systems in indiana. The development of this model is part of a larger study at purdue university to examine alternative strategies for the distribution of the state's public mass transportation (pmt) funds. The relative significance of the projected fare and service changes on the four categories of transit systems in indiana and the implications of changes in state pmt funding policy in response to reductions in federal subsidies are discussed. This paper appeared in transportation research record no. 1144, Transit management, marketing, and performance. For covering abstract see IRRD no 818469.
Samenvatting