Oireachtas Joint and Select Committees
Wednesday, 4 May 2022
Joint Oireachtas Committee on Transport, Tourism and Sport
Transport Strategy for the Greater Dublin Region: Discussion
Mr. Ray Coyne:
It is an interesting one. The elasticity of price relative to the number of passengers used to be around 0.3. There will be an increase in passenger numbers, but what we are really targeting is modal shift and cheaper fares do not necessarily lead to modal shift. They will lead to more journeys but, instead of walking 500 m, a person might jump onto the bus if it costs only 60 cent or €1. That is what happens. If we want modal shift-----
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