- Title
- The determinants of demand for public transport in South Africa
- Creator
- Seleseng, Tshegofatso Priscilla
- Subject
- Transportation--South Africa
- Date Issued
- 2011-10
- Date
- 2011-10
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10353/24565
- Identifier
- vital:63176
- Description
- This study analyses the determinants of demand for public transport in South Africa, using quarterly data covering the period from 1990-2009. The study initially provides an overview of the South African public transport system and population trends. Based on the review of the theoretical and empirical literature on transport, the study specifies a model of public transport demand in South Africa. Tests for stationarity and unit roots in the series (both informal and formal tests), and co-integration test have been performed. The co-integration test is done using the Johansen (1990, 1995) methodology. A vector error correction model is run to provide robust determinant variables on public transport. The results revealed that in the short run, the demand for public transport depends positively and significantly on GDP per capita growth and negatively on prices for public transport and fuel prices. However, over the long run, the demand for public transport depends negatively on GDP per capita growth as expected, but positively on the other variables including the growth in employment levels. To check for robustness of the VECM results the diagnostic tests were performed. The AR Roots Graph reports the inverse roots of the characteristics AR polynomial. The graph showed that all roots lie inside the unit circle which is an indication that VAR is stable. Some of the results found in this the study, such as the short run and long run impact of income growth on public demand, are supported by findings from other studies.
- Description
- Thesis (MCom) -- Faculty of Management and Commerce, 2011
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (x, 99 pages)
- Format
- Publisher
- University of Fort Hare
- Publisher
- Faculty of Management and Commerce
- Language
- English
- Rights
- rights holder
- Rights
- All Rights Reserved
- Rights
- Open Access
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Collections
UFH Department of Economics
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | TSHEGOFATSO PRISCILLA SELESENG.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |