A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Short-term impact analysis of fuel price policy change on travel demand in Malaysian cities
Malaysia is one of the few countries in the world that provides a fuel subsidy to consumers. Due to the recent economic crisis, the Malaysian Government decided to revise its fuel subsidization policy from a fixed price subsidy to a floating price subsidy dependent on global oil demand. Recognizing that the change in fuel subsidization policy can have an impact on travel behavior, this article investigates the short-term impact of the policy change on private and public transportation in the Klang Valley region of Malaysia. Spectral analyses are performed to investigate if the policy change has an impact on private vehicle travel demand, measured in terms of road traffic, and short-term travel demand elasticity with respect to fuel price is estimated. To measure the impact on the public transportation system, the demand cross-elasticity values of rail transit and buses are also estimated. It was found that traffic flow reduces with an increase in fuel price, although elasticity and cross-elasticity values obtained are low. The article finds that there is a potential mode shift from private vehicles to rail transit with increasing fuel price. It is demonstrated that reducing fuel price subsidy can be an effective travel demand management strategy to alleviate congestion.
Short-term impact analysis of fuel price policy change on travel demand in Malaysian cities
Malaysia is one of the few countries in the world that provides a fuel subsidy to consumers. Due to the recent economic crisis, the Malaysian Government decided to revise its fuel subsidization policy from a fixed price subsidy to a floating price subsidy dependent on global oil demand. Recognizing that the change in fuel subsidization policy can have an impact on travel behavior, this article investigates the short-term impact of the policy change on private and public transportation in the Klang Valley region of Malaysia. Spectral analyses are performed to investigate if the policy change has an impact on private vehicle travel demand, measured in terms of road traffic, and short-term travel demand elasticity with respect to fuel price is estimated. To measure the impact on the public transportation system, the demand cross-elasticity values of rail transit and buses are also estimated. It was found that traffic flow reduces with an increase in fuel price, although elasticity and cross-elasticity values obtained are low. The article finds that there is a potential mode shift from private vehicles to rail transit with increasing fuel price. It is demonstrated that reducing fuel price subsidy can be an effective travel demand management strategy to alleviate congestion.
Short-term impact analysis of fuel price policy change on travel demand in Malaysian cities
Khoo, Hooi Ling (author) / Ong, Ghim Ping (author) / Khoo, Wooi Chen (author)
Transportation Planning and Technology ; 35 ; 715-736
2012-10-01
22 pages
Article (Journal)
Electronic Resource
English
Short-term impact analysis of fuel price policy change on travel demand in Malaysian cities
| Online Contents | 2012
Do South African cities need travel demand management?
| British Library Conference Proceedings | 1997
A review of the impact of parking policy measures on travel demand
| Taylor & Francis Verlag | 1989