A Disaggregate Analysis of Demand for Local Bus Service in Great Britain (excluding London) using the National Travel Survey

This paper analyses disaggregate travel demand in Great Britain (ex- cluding London) using the National Travel Survey (NTS) of 2008 and a nested logit model. We �nd an aggregate national price elasticity of demand for local bus service of -0.36. This aggregate elasticity, being a weighted average of individual-level price elasticities, masks important variations at the individual level. For example, in many cases, up to 20% of individuals have price elasticities conditional on travel purpose that are larger than one in magnitude. We also �nd that car ownership, bus frequency, and walk time to the bus stop, are important determinants of bus demand.