Observatorio de I+D+i UPM

Memorias de investigación
Communications at congresses:
Do subsides provided to public transport in Madrid favor vertical equity?
Year:2014
Research Areas
  • Transport
Information
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.
International
No
Congress
XI Congreso de Ingeniería del Transporte: camino hacia el progreso
960
Place
Santander
Reviewers
Si
ISBN/ISSN
978-84-697-0359-5
Start Date
09/06/2014
End Date
11/06/2014
From page
1
To page
16
Actas del XI Congreso de Ingeniería del Transporte
Participants
  • Autor: Paola Carolina Bueno Cadena (UPM)
  • Autor: Jose Manuel Vassallo Magro (UPM)
  • Autor: Israel Herraiz
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Planificación del Transporte
  • Centro o Instituto I+D+i: Centro de Investigación del Transporte
  • Departamento: Ingeniería Civil: Transporte y Territorio
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