Article ID: | iaor20022844 |
Country: | South Africa |
Volume: | 25 |
Issue: | 3 |
Start Page Number: | 57 |
End Page Number: | 73 |
Publication Date: | Nov 2001 |
Journal: | International Studies In Economics and Econometrics |
Authors: | Neubrech S.E. |
Keywords: | transportation: road, urban affairs |
This article provides an application of co-integration analysis within the context of public transport services in the Cape Metropolitan Area. The results of the study reveal the price, cross-price and income elasticity of demand for minibus taxi and public bus transport in the Cape Metropolitan Area. These empirically derived results have a number of implications for the present commuter transport subsidy system and the regulation of minibus taxis. Greater co-ordination between minibus taxi and public bus transport by means of a tender system is proposed.