In recent decades, market-opening policies in local public transport (LPT) have impacted most European countries. However, we can observe a high degree of variability in possible LPT arrangements, from public monopolies to open markets. This work addresses the following research question: How does user satisfaction correlate to alternative organisational models of LPT service provision? We use the results of a large survey conducted in 2009 in 33 European cities to analyse the likelihood of satisfaction with standard probit models. Results show that the highest levels of satisfaction correlate with the presence of a single LPT provider, as opposed to an industry structure in which multiple providers operate in the same market area.

Consumers’ satisfaction and regulation of local public transport: evidence from European cities / C. Fiorio, M. Florio, G. Perucca. - [s.l] : Università degli studi di Milano, 2011 Nov. (WORKING PAPER SERIES / DIPARTIMENTO DI ECONOMIA POLITICA E AZIENDALE, UNIVERSITÀ DEGLI STUDI DI MILANO)

Consumers’ satisfaction and regulation of local public transport: evidence from European cities

C. Fiorio;M. Florio;G. Perucca
2011-11

Abstract

In recent decades, market-opening policies in local public transport (LPT) have impacted most European countries. However, we can observe a high degree of variability in possible LPT arrangements, from public monopolies to open markets. This work addresses the following research question: How does user satisfaction correlate to alternative organisational models of LPT service provision? We use the results of a large survey conducted in 2009 in 33 European cities to analyse the likelihood of satisfaction with standard probit models. Results show that the highest levels of satisfaction correlate with the presence of a single LPT provider, as opposed to an industry structure in which multiple providers operate in the same market area.
consumer satisfaction; privatization; deregulation policies; public transport
Settore SECS-P/07 - Economia Aziendale
http://wp.demm.unimi.it/files/wp/2011/DEMM-2011_026wp.pdf
Working Paper
Consumers’ satisfaction and regulation of local public transport: evidence from European cities / C. Fiorio, M. Florio, G. Perucca. - [s.l] : Università degli studi di Milano, 2011 Nov. (WORKING PAPER SERIES / DIPARTIMENTO DI ECONOMIA POLITICA E AZIENDALE, UNIVERSITÀ DEGLI STUDI DI MILANO)
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2434/611138
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