The Influence of Free Transport in Rail Passenger Transport on the Elasticity of Demand of Rail Passenger Transport

Abstract

The article focuses on the elasticity of the demand for transport services in rail passenger transport in the Slovak Republic after introducing free transport for students and retirees. The article studies the impact on income and cross elasticity, given that the fare for rail transport is regulated by the state and, therefore, there is no price elasticity. The article characterizes the volume of transport services in rail passenger transport and the impact of the introduction of free transport on the cross and income elasticity.