A Willingness to Pay for Service Improvement of Railway Authority of Thailand
NIDA Economic Review Journal
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Title |
A Willingness to Pay for Service Improvement of Railway Authority of Thailand
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Creator |
Nonseubphow, Kongphop; Engineer (Level 8), State Railway of Thailand, 700 Nikom Makkasan Road, Makkasan, Ratchtaevee, Bangkok 10400, Thailand
Seenprachawong, Udomsak; Associate Professor of Economics, Graduate School of Development Economics, National Institute of Development Administration, Serithai Road, Klong-Chan, Bangkapi, Bangkok 10240, Thailand |
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Subject |
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Willingness to Pay, Contingent Valuation Method, Cleanliness Improvement,Railway Authority of Thailand |
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Description |
This paper aims estimating a willingness to pay for cleanliness and safety improvement on the second class passenger train in the State Railway Authority of Thailand. A contingent valuation survey was carried out during the period December 2013 to April 2014. From 900 respondents (600 Thais and 300 foreigners) on the second class passenger train, our results show that Thai passengers are willing to pay an extra fare of 296.80 baht per person for the cleanliness improvement on the second class passenger train. International passengers are willing to pay an extra fare of 527.10 baht per person. Regarding to the safety improvement on the second class passenger train, Thai passengers are willing to pay an additional fare of 241.02 baht per person. International passengers are willing to pay an additional fare of 387.07 baht per person.
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Publisher |
Development Economic Review (พัฒนาการเศรษฐกิจปริทัศน์)
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Contributor |
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Date |
2016-01-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.tci-thaijo.org/index.php/NER/article/view/57503
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Source |
Development Economic Review (พัฒนาการเศรษฐกิจปริทัศน์); Vol 10, No 1 (2560): พัฒนาการเศรษฐกิจปริทรรศน์ (Development Economic Review); 84
1906-2540 |
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Relation |
http://www.tci-thaijo.org/index.php/NER/article/view/57503/47644
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Rights |
Copyright (c) 2016 Development Economic Review (พัฒนาการเศรษฐกิจปริทัศน์)
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