Do Subsidies Provided to Public Transport in Madrid Favor Vertical Equity?

Bueno Cadena, Paola Carolina and Vassallo Magro, José Manuel and Herraiz Tabernero, Israel (2014). Do Subsidies Provided to Public Transport in Madrid Favor Vertical Equity?. In: "XI Congreso de Ingeniería del Transporte - CIT2014", 9 al 11 de junio de 2014, Santander, España. ISBN 978-84-697-0359-5. pp. 1-16.

Description

Title: Do Subsidies Provided to Public Transport in Madrid Favor Vertical Equity?
Author/s:
  • Bueno Cadena, Paola Carolina
  • Vassallo Magro, José Manuel
  • Herraiz Tabernero, Israel
Item Type: Presentation at Congress or Conference (Article)
Event Title: XI Congreso de Ingeniería del Transporte - CIT2014
Event Dates: 9 al 11 de junio de 2014
Event Location: Santander, España
Title of Book: Actas del XI Congreso de Ingeniería del Transporte, CIT2014
Date: 2014
ISBN: 978-84-697-0359-5
Subjects:
Faculty: Centro de Investigación del Transporte (TRANSyT) (UPM)
Department: Ingeniería Civil: Transporte y Territorio
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

Despite the widespread implementation of subsidy policies for urban transport in many cities, the equity evaluation of these policies still remains limited. There is scarce quantitative assessment of the distributional incidence of transport subsidy policies. This paper contributes to fill this research gap by developing a practical approach to evaluate the impact of fare subsidization on vertical equity. In the paper we implement a two-step methodology. First, we develop two main indicators to measure the social impacts of the ?travel pass?, which is a highly subsidized fare in order to examine the policy for its effectiveness in reaching the poor. Second, by using the latest disaggregated data from Madrid?s Transportation Survey, we fitted a multiple regression model which found out that the use of the travel pass depends fundamentally on income level and accessibility to public transport. Since the quality of accessibility in the city is quite homogeneous, the subsidy policy associated with the travel pass is shown to be progressive because it is well targeted towards economically disadvantaged groups. Consequently, there seems to be evidence that subsidies provided to public transport in Madrid tend to favor vertical equity.

More information

Item ID: 36993
DC Identifier: http://oa.upm.es/36993/
OAI Identifier: oai:oa.upm.es:36993
Deposited by: Memoria Investigacion
Deposited on: 08 Jun 2017 07:32
Last Modified: 08 Jun 2017 07:32
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