The Use of Price Elasticity Coefficients of Demand to Assess the Solvency of Freight in Railway Transport for Tariff Purposes (on the Example of the Russian Federation in 2006–2023)

Abstract

Purpose: To study the possibility of using price elasticity coefficients of demand to assess the solvency of freight in railway transport for tariff purposes (on the example of the Russian Federation in 2006-2023). Methods: Statistical method, econometric modeling, analysis, synthesis, systematic approach, comparative method have been used. Results: The coefficients of price elasticity of demand have been estimated for freight transported through the infrastructure of Russian Railways, separately for the infrastructure-locomotive and wagon components of the railway tariff. Based on the analysis of the results of this assessment, the reasons for deviations from the research hypothesis have been identified and the prospects and conditions for the use of price elasticity coefficients for assessing the solvency of freight in railway transport with tariff goals in the Russian Federation have been formulated. Practical significance: The results obtained can be used in the development of tariff policy measures for the freight railway transport of the Russian Federation, as well as for further developments in the field of methodology for constructing freight railway tariffs.