EAST COAST MAIN LINE
A cross-mode elasticity study on the M1/A1(M)
East Coast Main Line corridor carried out by DOT in 1994 is being
reflected in Train Operating Company results. The impact on car
flows resulting from rail policies showed service quality level
to be more important than fares, although it played a significant
TRANSFER OF CARS OFF ROADS AFTER RE-ASSIGNMENT
|Transfer to Rail||
|Policy Case||Total car trips|
|New rail passengers|
per day (1)
|Rail fares down 20 per cent||3,080
|Rail IVT down 20 per cent||2,380
|Rail headway down 10 min (2) ||5,160
|Rail reliability up to 5 per cent (3)
|Rail reliability up 5 per cent + new stock
|Road IVT up 20 per cent||3,400
(1) Calculated assuming vehicle occupancies of 1.55 (business)
and 2.42 (leisure) and that all occupants transfer.
(2) Elasticities calculated assuming current headway
of 30 minutes.
(3) Elasticities calculated assuming reliability improvements
can be expressed as 5 per cent improvement in service.