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Valuing convenience in public transport in the Korean context

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  • Valuing convenience in public transport in the Korean context
  • Lee, Sungwon
  • The Korea Transport Institute


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Title Valuing convenience in public transport in the Korean context
Similar Titles
Material Type Reports
Author(English)

Lee, Sungwon

Publisher

Paris:The Korea Transport Institute

Date 2013-09
Series Title; No International Transport Forum Discussion Paper / 2013-17
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Territorial Development < Transport/Logistics
Holding International Transport Forum, OECD

Abstract

Public transport patronage has been continuously declining in major Korean cities as levels of car ownership rise. Public transport has lost its competitive edge to private cars because people tend to prefer more convenient modes as their income increases. A promising way to reverse this trend is to provide more convenient modes of transport in terms of travel times and amenity. In Korea, we have implemented several policy measures aimed at increasing the attractiveness of public transport by reducing travel times and by providing more seats, etc. This paper analyses the post-policy impacts of these measures and compares the results with those of an ex ante quantitative policy effectiveness analysis. The main policy implication from the empirical analysis is that increasing the convenience level of public transport can be an effective way to increase public transport patronage. (The rest omitted)