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Urban passenger transportation prices linkage based on structural equation model

  • School of Transportation Science and Engineering, Harbin Institute of Technology

Research output: Contribution to journalArticlepeer-review

Abstract

Passenger transport prices are the key elements to achieve the integration of urban passenger transportation resource optimization. This paper based on traffic survey and statistical analysis to acquire the influence factors that impact urban passenger transportation price linkage, adopted structural equation model to the transportation economic aspects, and established urban passenger transportation price linkage based on the structural equation model. The exogenous variables included level of economic, level of service and traffic demand, while the endogenous variables included bus price, subway price and taxi price. Focus on the analysis of impact relationship exogenous variables on the three passenger transportation prices and the correlation among different passenger transportation prices. The results indicated that the level of economic and level of service have a significant impact on the three passenger transportation prices.

Original languageEnglish
Pages (from-to)941-944
Number of pages4
JournalWuhan Ligong Daxue Xuebao (Jiaotong Kexue Yu Gongcheng Ban)/Journal of Wuhan University of Technology (Transportation Science and Engineering)
Volume38
Issue number5
DOIs
StatePublished - 1 Oct 2014
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 11 - Sustainable Cities and Communities
    SDG 11 Sustainable Cities and Communities

Keywords

  • Passenger transportation
  • Price linkage
  • Structural equation model
  • Traffic supply and demand

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