Economic Investigation of a Public Transport Support Policy: A Case Study at Budapest

  • Mohammad Maghrour Zefreh Budapest University of Technology and Economics, Department of Transport Technology and Economics
  • Ferenc Meszaros Budapest University of Technology and Economics Faculty of Transport Engineering and Vehicle Engineering
  • Raimundas Junevičius Vilnius Gediminas Technical University, Deprtment of Transport Technological Equpiment
  • Adam Torok Budapest University of Technology and Economics Faculty of Transport Engineering and Vehicle Engineering
Keywords: public transport support policy, social costs, intersection controlling, CO2 emission cost,

Abstract

This paper analyses the effect of supporting the public transport policy based on intersection controlling with the aim of tram priority in Budapest, as a case study. The hypothesis related to this study was that the support of public transport is only viable when the marginal benefit of public transport is higher than the marginal cost of individual transport. Therefore, the real costs of this support for the society were estimated. This study revealed that by applying this policy, the waiting time at intersections and CO2 emission-related costs have increased by about 13.7% and 14.2%, respectively. Besides, the estimated monetary gain of tram users would be 17,800 euro on a daily level total by applying the mentioned policy.

Author Biography

Adam Torok, Budapest University of Technology and Economics Faculty of Transport Engineering and Vehicle Engineering

Department of Transport Technology and Ecoomics

Researcher

Field of interests: road transport economics, road transport related emission modelling, road pricing

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Published
2017-02-22
How to Cite
1.
Zefreh MM, Meszaros F, Junevičius R, Torok A. Economic Investigation of a Public Transport Support Policy: A Case Study at Budapest. Promet - Traffic&Transportation. 2017;29(1):77-4. DOI: 10.7307/ptt.v29i1.2072
Section
Articles