Fredrik Carlsson: Department of Economics, School of Economics and Commercial Law, Göteborg University, Postal: Department of Economics., School of Economics and Commercial Law, Göteborg University, Box 640, SE 40530 GÖTEBORG
Abstract: Using a stated preference survey on passengers travelling by rail or air between the two largest cities in Sweden, we investigate passenger's willingness to pay for improvements of different attributes of the transport modes. We find that both private and business passengers put a substantial value on improvements of the environmental impact from both rail and air. In general, private passengers have much lower fare equivalents for the attribute, which is explained by the fact that business passengers do not pay for the trips themselves. Further, air passengers have higher fare equivalents than what rail passengers have for both rail and air attributes.
17 pages, March 31, 1999
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