The Impact of Subsidies on the Regional Passenger Rail Transport

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F19%3A00112782" target="_blank" >RIV/00216224:14560/19:00112782 - isvavai.cz</a>

Result on the web

<a href="http://dokbat.utb.cz/wp-content/uploads/2020/01/DOKBAT_2019_Conference_Proceedings.pdf" target="_blank" >http://dokbat.utb.cz/wp-content/uploads/2020/01/DOKBAT_2019_Conference_Proceedings.pdf</a>

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

The Impact of Subsidies on the Regional Passenger Rail Transport

Original language description

The passenger rail transport is undergoing changes not only in the Czech Republic but also all over the European Union. Fear of the climate change, significant investments into the railway infrastructure and rolling stock and traffic jams have caused that the railway transport is becoming increasingly more popular. This phenomenon is seen in the long-distance and suburban transport. Nevertheless, the regional railway transport stands apart: the number of passengers decreases. Regions which are responsible for regional railway public services and which have to finance them seek to support them by purchasing new vehicles, establishing integrated regional transport systems or by setting lower fares. Is this effort reflected in the number of passengers? The aim of this paper is to identify whether the subsidy to the rolling stock purchase leads to the passenger growth in the regional railway transport. The methodology used is based on the fixed-effects model of the panel data and the analysis of descriptive statistics of variables. The results indicate that investments into the new rolling stock do not have a significant positive impact on the number of regional railway passengers. The regional railway transport is inferior goods whose demand decreases when consumer income rises. The regional railway transport and the long-distance transport are complementary goods. Investments in railway corridors can make regional transport more attractive.

Czech name

—

Czech description

—

Type

D - Article in proceedings

CEP classification

—

OECD FORD branch

50202 - Applied Economics, Econometrics

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

15th DOKBAT 2019 Conference Proceedings

ISBN

9788074548932

ISSN

—

e-ISSN

—

Number of pages

7

Pages from-to

1045-1051

Publisher name

Faculty of Management and Economics Tomas Bata University in Zlín

Place of publication

Zlín

Event location

Zlín

Event date

Jan 1, 2019

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

—